European indices close mostly higher on the day. Solid gains for the week.

European indices are closing with modest gains for the day but solid gains for the week. Today’s gains were led by Italy’s FTSE MIB with a gain of 0.32%.

A snapshot of the closing levels shows:

• German DAX, +0.25%
• France’s CAC +0.29%
• UK’s FTSE 100 +0.27%
• Spain’s Ibex +0.06%
• Italy’s FTSE MIB +0.32%

For the trading week,

• German DAX, +3.19%
• France’s CAC + 1.75%
• UK’s FTSE 100 +1.90%
• Spain’s Ibex +3.47%
• Italy’s FTSE MIB +1.63%

As London/European traders head for the exits, with US stock traders not far behind at 1 PM ET, the major indices are higher led by the Dow industrial average:

• Dow industrial average +0.68%
• S&P index +0.43%
• NASDAQ index +0.38%

This article was written by Greg Michalowski at investinglive.com.