Major indices climb in Europe
The good news for the European stock markets today is that they closed higher on the day the bad news is that the close well off session highs. The oversized afternoon gains yesterday in the US gave the indices a boost at the outset, but those gains were eroded through the day. The closing levels are showing:
- German DAX, +1.08% vs a high intraday percentage gain of 3.5%
- France’s CAC, +1.12% versus a high intraday percentage gain of 3.3%
- UK’s FTSE 100, +0.95% versus a high intraday percentage gain of 2.88%
- Spain’s Ibex, +0.80% versus an high intraday percentage gain of 3.12%
- Italy’s FTSE MIB, +0.43% versus a high intraday percentage gain of 3.16% him