Global stocks fell Wednesday, AP reported. Germany's DAX sank 0.7% to 12,224.29 and the CAC 40 in Paris lost 0.9% to 5,578.02. Britain's FTSE 100 lost 0.6% to 7,249.54. Wall Street was also set for losses, with the future contracts for the Dow Jones industrial average and the S&P 500 down 0.2%. Japan's Nikkei 225 index losing 0.4% to 22,020.15. The Shanghai Composite gave up 1.0% to 2,955.43 and the Hang Seng in Hong Kong lost 1.3% to 25,948.33. The S&P ASX 200 in Sydney slid 0.6% to 6,710.20. Shares also fell in India and Southeast Asia. Benchmark crude oil fell 64 cents to $56.65 per barrel in electronic trading on the New York Mercantile Exchange. It tumbled $1.35 to settle at $57.29 a barrel on Tuesday. Brent crude oil, the international standard, gave up 83 cents to $61.29 per barrel. It dropped $1.61 to close at $62.12 a barrel in London. The dollar rose to 107.27 Japanese yen from 107.09 yen on Tuesday. The euro fell to $1.0996 from $1.1020.
