Foreign Markets
Stocks in Asia fell overnight. Japan’s Nikkei 225 Stock Average fell 1.0% to 7,924.24 as businesses reduced investment at the fastest pace in six years last quarter; the Hang Seng Index dropped 78.88 points, or 0.58%. In Europe, stocks advanced after the BOE slashed official interest rates by 1 percentage point, bringing the rate down to 2%, their lowest level since 1951. The FTSE 100 of leading British shares rose 0.36%, while Germany’s DAX gained 82.68 points, or 1.81%.
