European equity close: Mixed bag but moderate moves overall
Closing changes for the main European bourses:
- UK FTSE 100 -0.5%
- German DAX +0.1%
- French CAC -0.5%
- Spain IBEX -0.4%
- Italy MIB +0.3%
The FTSE 100 looked like it could sustain the breakout in early in the summer but it has flattened out. It's back down near the recent low and I can see a scenario where that holds and then the index runs to new highs through year end.