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European equity close: Down but well-above the lows

Started by forex4you, Dec 22, 2024, 04:56 am

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European equity close: Down but well-above the lows

It was looking like a brutal day for European stocks but there has been a major turn in markets following the better PCE report and dip-buying ahead of a potential US government deal/

Closing changes on the day:

  • Stoxx 600 -0.8%
  • German DAX -0.3%
  • France CAC -0.1%
  • UK FTSE 100 -0.2%
  • Spain IBEX +0.4%
  • Italy's FTSE MIB -0.1%

On the week:

  • Stoxx 600 -2.7%
  • German DAX -2.4%
  • France CAC -1.7%
  • UK FTSE 100 -2.4%
  • Spain IBEX -2.4%
  • Italy's FTSE MIB -3.25%


                This article was written by Adam Button at www.forexlive.com.

Source: European equity close: Down but well-above the lows

forexlive.com
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