European equity close: Rough day but off the lows

Author: Adam Button | Category: News

Big declines across the board

Yesterday was the best day in the DAX in seven weeks with a 1.1% gain but all that has been wiped out and more today.

  • DAX -1.8%
  • UK FTSE 100 -1.7%
  • French CAC -2.1% (worst since April 20)
  • Spain IBEX -2.3%
  • Italy MIB -2.6%
There was a moderate bounce in the final 30 minutes of trading that has extended in US trading, where the S&P 500 has trimmed its decline to 40 points.

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