European equity close: Moderate rebound after the flash crash

Closing changes for the main European bourses:

  • Stoxx 600 +0.4%
  • DAX +0.6%
  • UK FTSE +0.1%
  • French CAC +0.6%
  • Spain IBEX +1.4%
  • Italy MIB +1.5%

Citi confirmed a trading error on its desk was responsible for the flash crash yesterday. Once the market has figured out what happened, it cleans up the mess quickly.

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