Markets & Finance

Europe Markets End Lower


European stock markets were lower. Gains in oil majors amid fresh highs in crude oil prices offset losses in shares of chemical companies on worries over rising raw material costs. London's Financial Times-Stock Exchange 100 index fell 3.90 points, or 0.09%, to 4,270.10.

In Paris, the CAC 40 was down 15.00 points, or 0.46%, to 3,281.36. Germany's DAX index stumbled 14.09 points, or 0.41%, to 3,404.91.

Asian markets finished higher Monday. In Japan, the Nikkei 225 index gained 30.85 points, or 0.29%, to 10,740.14, following an upgrade of banking stocks by Morgan Stanley. Auto and tech companies rose on the coatails of U.S. gains Friday.

In Hong Kong, the Hang Seng index rose 125.76 points, or 1.08%, to 11,734.48.

Canada's benchmark S&P/TSX rose 43.28 points, or 0.58%, to 7,562.87.


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