European closing levels:
- FTSE 100 +1.2%
- German DAX +1.6% — best in seven weeks
- French CAC +2.0% — best in four months
- Spain IBEX +1.4%
- Italy MIB +1.6%
That’s a nice turnaround in French stocks but not quite pack to Wednesday’s close:
There’s a downtrend from June that could be challenged next week.