|Published : 12 Oct 2016, 15:52:20|
Global stocks fall on weak commodity stocks
Global markets fell Wednesday, after a dismal day on Wall Street marked by disappointing earnings news and lingering doubts about the direction of oil prices.
France's CAC 40 slipped 0.4 per cent to 4,452.86 in early trading, and Germany's DAX fell 0.1 per cent to 10,563.61.
Britain's FTSE 100 was down 0.5 per cent at 7,034.92. US shares were also set to drift lower with Dow futures down 0.1 per cent to 18,044. S&P 500 futures slipped 0.2 per cent to 2,131,20.
Japan's benchmark Nikkei 225 lost 1.1 per cent to finish at 16,840.00, and Australia's S&P/ASX 200 fell 0.1 per cent to 5,474.60.
South Korea's Kospi inched up 0.1 per cent to 2,033.73. Hong Kong's Hang Seng slipped 1.0 per cent to 23,324.95. The Shanghai Composite lost 0.2 per cent to 3,058.50.
Benchmark US crude oil rose 18 cents to $50.97 a barrel in electronic trading on the New York Mercantile Exchange. It lost 56 cents to 50.79 on Tuesday. Brent crude, the international standard, added 34 cents to $52.75 a barrel in London.
The dollar weakened to 103.46 yen from 103.94 late Tuesday in Asia.
The euro fell to $1.1023 from $1.1128, according to a news agency report.