Closing stock market indices
Major stock markets outside the United States ended on Tuesday.
EUROPE STOCK EXCHANGE: Crude oil at new record highs and worrying inflation data on both sides of the Atlantic forced European shares into their largest one-day slide in two months.
Mining stocks, which pared some of their recent gains, and banks were the largest drags on the European equity market, which came under sustained pressure following data showing troubling increases in wholesale inflation in the United States and Germany, where investor expectations for the economy deteriorated by more than expected in May.
Crude oil hitting a new high above $129 a barrel fed by bullish investment bank forecasts only added to the concern brewing among investors that persistent price pressures will severely curb the ability of central banks to loosen monetary policy to protect economic growth.
The FTSEurofirst 300 index of top European shares ended 2 percent down at 1,350.54, making this its worst one-day fall since March 17, when the index hit a 2-1/2 year low.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 7118.5 points, down 107.44 or 1.49 percent.
PARIS STOCK EXCHANGE: The CAC-40 index closed at 5054.88 points, down 87.22 or 1.70 percent.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 7626.58 points, down 152.35 or 1.96 percent.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 25502 points, down 415 or 1.60 percent.
SYDNEY STOCK EXCHANGE: Shares fell 0.69 percent to snap a four-session winning streak, with investment bank Macquarie Group dropping on an downbeat outlook, while falls in base metals prices pressured miners. The S&P/ASX 200 index fell 41.3 points to 5,908.1, after closing at its highest level since January 15 in the previous session.
JOHANNESBURG STOCK EXCHANGE: South African markets tripped up, with stocks giving up recent gains on profit-taking and the rand and government bonds hit partly by images of violent attacks on foreigners. The All-share index closed at 32958.55 points, down 233.25 or 0.70 percent. The All Gold index closed at 2534.65 points, up 22.79 or 0.91 percent, while the Industrial index closed at 21770.27 points, up 65.63 or 0.30 percent.
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