European equity market closes:

  • UK FTSE +0.4%
  • German DAX +0.5%
  • French CAC +0.1%
  • Spain IBEX +0.2%
  • Italy MIB -0.4%

I wouldn’t be too flustered by the soft day in Italian stocks because they rallied 5.5% in a two-day surge on Fri/Mon.

Most indexes in Europe are breaking out, partly on ECB hopes.