European stocks finish a great week strong as bond yields tumble

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European stocks finish a great week strong as bond yields tumble

The Nasdaq is tumbling at the moment but European stock markets posted a solid day: Stoxx 600 +0.4% FTSE 100

The Nasdaq is tumbling at the moment but European stock markets posted a solid day:

  • Stoxx 600 +0.4%
  • FTSE 100 +0.2%
  • German DAX +0.2%
  • French CAC +0.3%
  • Italy MIB +0.4%
  • Spain IBEX +0.5%

On the week:

  • FTSE 100 +1.8%
  • German DAX +3.3%
  • French CAC +3.0%
  • Spain IBEX +1.5

The big news today is in bonds where Italian yields fell 20 bps. Bund yields also briefly fell below 1% for the first time since late May.

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