European stocks had one of their best days in awhile today, closing with gains of:
- Stoxx 600 +2.0%
- German DAX +3.3%
- FTSE 100 +2.3%
- French CAC +2.3%
- Italy MIB +2.9%
- Spain IBEX +1.6%
You can pretty much kiss all those goodbye. The VGK ETF tracks the Stoxx 600 and it's now down 0.5% on the day with a huge reversal coming after the Nord Stream 1 news.
Less liquid ETFs are generally sending the same message.
US markets will be closed on Monday for a holiday but Europe is open.
