European equity close: Another bruising day


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Italy FTSE MIB

It was another rough one in Europe with most markets now approaching (and the MIB breaking) the June lows.

  • Stoxx 600 -1.6%
  • UK FTSE 100 -1.9%
  • German DAX -1.7%
  • Italy MIB -2.4%
  • French CAC -2.0%
  • Spain IBEX -1.8%

There was a rally in the last hour of trade that kept it from being worse.

I suspect we’ll see buying into the close in the US today/tomorrow as well as the quarter-end shuffling ends.