European equity close: A strong day turns into a modest win due to late selling

News
  • Stoxx 600 +0.3%
  • German DAX +0.6%
  • Francis CAC -0.1%
  • UK’s FTSE 100 +0.3%
  • Spain’s Ibex +0.7%
  • Italy’s FTSE MIB +0.4%

The Stoxx 600 hit a new cycle high in early trading but faded late as the US mood worsened and closed with only modest gains. Does that spill into tomorrow? If so there might be a clear three-day reversal on the chart.

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