August 28, 2024 at 04:34PM
US markets have been bounced around today by worries about Nvidia but thankfully Europe doesn’t have any AI to worry about. French stocks steadied today as Macron makes a wild play at holding onto power while Germany leads the way.
Stoxx 600 +0.3%
German DAX +0.6%
Francis CAC +0.2%
UK’s FTSE 100 +0.3%
Spain’s IBEX +0.1%
Italy’s FTSE MIB +0.3%
In terms of the DAX, here is how the monthly chart is shaping up and that candle is hard to bet against:
This article was written by Adam Button at www.forexlive.com.
European equity close: Broad but modest gains the DAX nears all-time high