European stock markets opened lower then slowly fought their way into positive territory. As the US came online there was a second wave of selling but the lows held, creating a double bottom, and buyers returned in the last hour, even as European currencies soared.
Closing changes:
- Stoxx 600 flat
- German DAX +0.2%
- FTSE 100 -0.3%
- French CAC +0.3%
- Italy MIB +0.9%
- Spain IBEX -0.2%
Italian stocks are at a two-week high.
Italy MIB daily