Stock Market Today

European Central Bank issued three-month loan demand lower than expected Wednesday,it slow down the investors’ worry mood that European banking industry need money of European Central Bank to survive, European Central Bank said that the bank has granted 131.9 billion euros (161.5 billion U.S. dollars) of the 91-day loans with a fixed-rate payment of 1% to 171 banks, Analysts had expected that 171 banks will borrow 210 billion euros in total funding.

Asian markets continue to be suppressed on Wednesday; the Shanghai Composite Index was down 1.1%, Japan’s Nikkei index ended down 2%, Hong Kong Hang Seng Index ended down 0.6%. Three major stock indexes in Europe (UK FTSE 100, France CAC 40 and Germany’s DAX index) are slightly higher.