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European equity close: Unable to maintain yesterday's momentum

Started by forex4you, Nov 17, 2024, 05:08 am

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Nov 17, 2024, 05:08 am
European equity close: Unable to maintain yesterday's momentum

European stocks were very strong yesterday in what looked like it could be a reversal but the bears returned today and left indexes lower on the week.

On the day:

  • Stoxx 600 -0.8%
  • German DAX -0.1%
  • France CAC -0.5%
  • UK FTSE 100 -0.2%
  • Spain IBEX +0.7%
  • Italy's FTSE MIB -0.5%

On the week:

  • Stoxx 600 -0.7%
  • German DAX flat
  • France CAC -0.9%
  • UK FTSE 100 -0.1%
  • Spain IBEX +0.6%
  • Italy's FTSE MIB +1.1%

Her is a sobering chart on European industrial production.



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

Source: European equity close: Unable to maintain yesterday's momentum
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