European equity close: Huge gains with a rip into the close

Closing changes for the main European markets:

• Stoxx 600 +3.1%
• UK FTSE 100 +2.6%
• German DAX +3.8%
• French CAC +4.1%
• Italy MIB +3.3%
• Spain IBEX +3.5%

That's an impressive candle. Bear market rallies are as powerful as they come.