European closing levels:

  • FTSE 100 +1.2%
  • German DAX +1.6% -- best in seven weeks
  • French CAC +2.0% -- best in four months
  • Spain IBEX +1.4%
  • Italy MIB +1.6%

That's a nice turnaround in French stocks but not quite pack to Wednesday's close:

European closing levels:

There's a downtrend from June that could be challenged next week.