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European equity close: Stocks cheer the ECB rate cut

Closing changes in Europe:

  • Stoxx 600 +0.7%
  • German DAX +0.7%
  • France CAC +1.3%
  • UK FTSE 100 +0.7%
  • Spain IBEX -0.7%
  • Italy’s FTSE MIB +1.0%

European stock markets peaked at the time of the US open but sagged alongside US stocks after the open. The DAX touched a record but then gave much of it back.

This article was written by Adam Button at www.forexlive.com.

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