Closing changes for the main European markets:

  • Stoxx 600+1.1%
  • UK FTSE 100 +0.5%
  • German DAX +1.2%
  • French CAC +1.1%
  • Italy MIB +1.2%
  • Spain IBEX +0.9%

On the week:

  • Stoxx 600 flat
  • UK FTSE 100 +0.8%
  • German DAX +1.2%
  • French CAC +0.6%
  • Italy MIB +0.6%
  • Spain IBEX +0.1%

I tend to think that a big chunk of this five-week rally is due to good weather. I wouldn't count on that lasting forever. I don't see much fuel left in the tank on the Stoxx 600 chart.

Stoxx 600 daily
Stoxx 600 daily