Stock market fixing:
Nikkei 225 -233.79 -1.70% 13,926.30
Topix -29.75 -2.10% 1,370.09
FTSE +6.50 +0.10% 6,198.10
CAC -27.33 -0.54% 5,027.55
DAX -77.67 -1.09% 7,040.83
Dow -227.49 -1.77% 12,601.19
NASDAQ -43.99 -1.77% 2,448.27
S&P -22.69 -1.61% 1,390.71
10yr Note +0.4600 +0.122% 3.822%
NYMEX Crude Oil +4.19 +3.25% 133.17
Gold +8.40 +0.91% 928.60

Japan's stocks fell the most in almost two weeks after Mitsubishi UFJ Financial Group Inc. said profit growth will stall, fueling concern the slowing economy will diminish lending demand.
Mitsubishi UFJ fell the most in two months, while Mizuho Financial Group Inc. dropped the most in two weeks. Sumitomo Metal Mining Co. gained after gold prices rose to almost a one-month high. Mitsubishi UFJ yesterday predicted profit that fell short of analysts' estimates as it expects lending to stagnate. The shares sank 4.5%, the sharpest loss since March 17, and contributed the most to the Topix's decline. Mizuho fell 5% and was most the actively traded stock by value on the first section of the exchange. Banks posted the biggest decline among groups on the index.
T&D Holdings Inc. tumbled 5.5% and was the biggest loser on the Nikkei. HSBC Holdings Plc yesterday downgraded T&D after valuation losses on securities contributed to a decline in earnings.
Canon Inc. fell 3.5% and Toyota Motor Corp. lost 3.3%. Sony Corp. dropped 2.7%.

European stocks fell for a second day after oil breached $130 a barrel, stoking concern higher fuel costs will curb profits for carmakers and airlines.
Porsche SE led automakers lower after Merrill Lynch & Co. recommended selling the maker of the 911 sports car on concern over rising raw-material costs. Ryanair Holdings Plc, Europe's biggest discount airline, and Air France-KLM Group fell as crude oil climbed as much as $3.01 to $132.08.
Renault, France's second-biggest carmaker, fell 3.3%, while Continental slid 2.8%.
Ryanair lost 6.7%. Air France slid 3.5%.
AMR Corp.'s American Airlines, the world's largest carrier, will slash U.S. capacity as much as 12%, retire as many as 85 jets and cut jobs to blunt surging fuel prices and slowing demand.
Yell Group Plc retreated 15%.

Stocks retreated Wednesday as oil spiked past $130 a barrel, following a weaker-than-expected weekly supply report. Oil prices have been climbing lately amid ongoing supply concerns and the weakness in the dollar, which makes dollar-traded commodities such as oil less expensive.
Company news: Time Warner, the parent company of CNNMoney, will receive a $9.25 billion dividend as part of its legal and structural separation from Time Warner Cable.
Boeing and Hewlett-Packard were among the other big Dow losers.
AMR shares slumped 12% after its American Airlines unit said it was cutting capacity by 11% to 12% in the fourth quarter due to record-high oil prices.

The euro headed for its biggest two- day gain versus the dollar since March after German business confidence unexpectedly rose, bolstering speculation the European Central Bank won't cut interest rates.
The British pound fell against all of the major currencies after minutes from this month's Bank of England meeting signaled policy makers remain reluctant to lower interest rates to stimulate growth. Currencies of commodity-exporting nations including Australia and Canada surged as crude oil rose above $132 a barrel.
The minutes of the Federal Reserve's April 30 meeting showed mkts improved and econ data were as expected, though housing continued to weaken and infl data were mixed. FOMC is worried about up-drift of infl expectations. There was little change in staff econ forecasts, tho FOMC lowered theirs (see below).
Futures on the Chicago Board of Trade show traders see an 88 percent likelihood the Fed will keep its target rate for overnight lending between banks at 2 percent on June 25. The balance of bets is for a reduction to 1.75 percent.

EUR/USD rose from $1.5630/70 to the highs around $1.5780 amid strong Ifo report.
GBP/USD fell initially from $1.9679 to $1.9627 lows area, but bids on $1.9630/20 capped losses. After the MPC minutes rate managed to rebound to $1.9685 and then – to $1.9720.
USD/JPY rose from Y103.10 to Y103.69. Later rate retreated below Y103.00.

Today’s focus is on UK retail sales figures and CBI orders data. Also in Europe EU industrial orders report due to come.
At 12:30 GMT US will release its Jobless claims data.