(index / closing price / change items /% change)

Nikkei 225 15,661.99 -420.26 -2.61%

S&P/ASX 200 5,297.7 -36.43 -0.68%

FTSE 100 6,446.39 -111.13 -1.69%

CAC 40 4,242.67 -122.60 -2.81%

Xetra DAX 9,195.68 -186.35 -1.99%

S&P 500 1,946.17 +0.01 0.00%

NASDAQ Composite 4,430.2 +8.11 +0.18%

Dow Jones 16,801.05 -3.66 -0.02%

Stock indices closed lower after the European Central Bank's press conference. The European Central Bank kept its interest rate unchanged at 0.05%.

The ECB President Mario Draghi said at the press conference that the central bank will start purchasing covered bonds in the second half of October, while the asset-backed securities (ABSs) program will begin before the end of the year. Both programs will last for at least two years.

Draghi pointed out that the economic growth in the Eurozone is weakening.

Market participants have concerns over the volume of the ECB's asset-buying program.

Eurozone's producer price index fell 0.1% in August, beating forecasts for a 0.2% drop, after a 0.2% decline in July. July's figure was revised down from a 0.1% decrease.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,446.39 -111.13 -1.69%

DAX 9,195.68 -186.35 -1.99%

CAC 40 4,242.67 -122.60 -2.81%

U.S. stock futures are mixed as details of the European Central Bank's stimulus program disappointed investors.

Global markets:

Nikkei 15,661.99 -420.26 -2.61%

FTSE 6,530.61 -26.91 -0.41%

CAC 4,329.95 -35.32 -0.81%

DAX 9,333.04 -48.99 -0.52%

Crude oil $89.47 (-1.40%)

Gold $1213.10 (-0.20%)

(company / ticker / price / change, % / volume)

Upgrades:

Twitter (TWTR) upgraded to Overweight from Neutral at JP Morgan, target raised to $64 from $54

Bank of America (BAC) upgraded to Buy from Neutral at UBS, target raised to $20 from $16

Downgrades:

JPMorgan Chase (JPM) downgraded to Neutral from Buy at UBS

Other:

Stock indices traded little changed ahead of the European Central Bank's interest decision. Analysts expect that European Central Bank (ECB) will keep its interest rate unchanged.

Investors are awaiting the release the size of the ECB's asset-buying program.

Eurozone's producer price index fell 0.1% in August, beating forecasts for a 0.2% drop, after a 0.2% decline in July. July's figure was revised down from a 0.1% decrease.

Current figures:

Name Price Change Change %

FTSE 6,542.18 -15.34 -0.23%

DAX 9,374.34 -7.69 -0.08%

CAC 40 4,352.53 -12.74 -0.29%

Japanese stocks closed lower due to stronger yen. The Japanese yen rose against the U.S. dollar as yesterday's weaker-than-expected ISM manufacturing purchasing managers' index weighed on the greenback. The ISM manufacturing purchasing managers' index in the U.S. decreased to 56.6 in September from 59.0 in August, missing expectations for a decline to 58.6.

Japan's monetary base increased 35.3% in September, missing expectations for a 38.9% rise, after a 40.5% gain in August.

Markets in Hong Kong are closed until Friday, while markets in Shanghai are closed until October 7 for a public holiday.

Indexes on the close:

Nikkei 225 15,661.99 -420.26 -2.61%

Hang Seng closed

Shanghai Composite closed