Stock market: Wednesday results [tabl]

Closing:
Nikkei +149.25 (+0.92%) 16307.67
FTSE -146.60 (-2.9%) 5699.60
DOW -214.92 (-1.88%) 11204.97
NASDAQ -32.06 (-1.44%) 2197.07
S&P 500 -21.47 (-1.66%) 1270.61
10YR 99 24/32 -14/32 5.15%

Japanese stock market lifted for the first time since 7 weeks.
Leaders of growth were the technological companies, including Canon Inc Actions JFE Holdings Inc. (+4.2 %) and Nippon Steel Corp. (+4.4 %) has grown , becoming leaders among steel manufacturers after Nihon Keizai has informed that the companies can raise cost of production for covering charges on iron ore.
Canon have grown for 1.2 %; TDK Corp. - on 3.8 %; Nikon Corp. - on 6.3 %.

Europe Stocks: The share market of the Europe has dropped to 3-years lows after USA CPI has exceeded expectations of analysts, having renewed speculation continuing rising rate politics by FED.
DaimlerChrysler AG shares lost (-4.2 %), L'Oreal SA (-3.1 %) and Diageo Plc (-2.4 %) have undergone the highest losses among the companies, which proceeds depend on the American commodity market.
Credit Agricole SA (-6.4%) was a great outsider in banking. The Bank has informed on his intention to sell the shares with the purpose of financing operations on absorption outside France.
Commerzbank AG drop on 5%; ING Groep NV - on 4.4%.

Strong CPI spook Wall Street. Fears according further FED steps in rate politics which in case of rising sentiment can cause damages for corporate profits fuelled sales on Wednesday market session. But the key data became CPI “core”(ex.food) increase. The indicator added 0.3%, more than forecasts on +0.2%.
According to data of US Trade Department, the CPI in April has soared on 0.6% what is on 0.2% more than previous months.
Corporate front: Applied Materials Inc proceeds grew on a background of great demand for home appliances.
Abercrombie & Fitch Co. profit has lifted rates on 39% after good sales in I quarter. European Xstrata has addressed to manufacturer of copper and nickel Falconbridge Ltd with the acquisition offer.
Hewlett-Packard Co. rise profit on 45% and exceeded analysts expectation. LTX Corporation profit in a III quarter lifted on 13%. Last year the company incurred losses in 2 cents on the action. Sunpower Corp has declared release 7 million shares for the corporate purposes.
Oil felt on 1.3% and closed day under $69.
Trades volumes:NYSE 1.8 bln. shares; Nasdaq - 2.02 bln.