Closing changes for the main European markets:
- Stoxx 600+1.1%
- UK FTSE 100 +0.5%
- German DAX +1.2%
- French CAC +1.1%
- Italy MIB +1.2%
- Spain IBEX +0.9%
On the week:
- Stoxx 600 flat
- UK FTSE 100 +0.8%
- German DAX +1.2%
- French CAC +0.6%
- Italy MIB +0.6%
- Spain IBEX +0.1%
I tend to think that a big chunk of this five-week rally is due to good weather. I wouldn't count on that lasting forever. I don't see much fuel left in the tank on the Stoxx 600 chart.