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European indices go down, US market closed

17 February 2009 10:39 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. US markets have been closed overnight for the President’s Day public holiday.
On Friday, stocks ended lower, pushing the Dow Jones industrial average to its lowest close since last November and leaving it with a weekly decline of 5.2 per cent.
The Dow fell 82.35, or 1.04 per cent, to 7,850.41.
The Standard & Poor’s 500 index lost 8.35, or one per cent, to 826.84, and the Nasdaq composite index decreased 7.35, or 0.48 per cent, to 1,534.36.
European stock exchanges wilted on Monday in sluggish trade as investors showed hesitancy while waiting for Wall Street to re-open on Tuesday after a long weekend.
In London, the FTSE 100 index shed 54.84 points, or 1.31 per cent, to close at 4,134.75.
The Dax lost 46.75 points, or 1.06 per cent, to end the day at 4,366.64.
The CAC 40 fell 35.64 points, or 1.19 per cent, to 2,962.22.
Japan’s Nikkei stock average fell 0.4 per cent on Monday as buying appetite waned after data showed Japan’s economy suffered its biggest fall in over three decades, with exporters like Sony Corp down as the yen edged up.
The Tokyo Stock Exchange’s benchmark Nikkei-225 index fell 29.23 points to end at 7,750.17.