European equity close: The Mag 7 aren't in London

Closing changes on the day:Stoxx 600 flatGerman DAX +0.2%UK FTSE 100 -0.1%French CAC flatItaly MIB +0.1%Spain IBEX +0.4%UK stocks finished at the lows of the day. This market likes big tech companies, not banks and grocery stores.On the week:Stoxx 600 -0.4%German DAX +0.2%UK FTSE 100 -0.3%French CAC -0.6%Italy MIB +1.0%Spain IBEX +1.2%These numbers certainly aren't that bad in the context of the nice rallies since October but you can't help look at the US and get a bit jealous.As King Richard III said: My horse, my horse, my kingdom for a [UK-based tech giant] horse. This article was written by Adam Button at www.forexlive.com.

Feb 2, 2024 - 22:25
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European equity close: The Mag 7 aren't in London

Closing changes on the day:

  • Stoxx 600 flat
  • German DAX +0.2%
  • UK FTSE 100 -0.1%
  • French CAC flat
  • Italy MIB +0.1%
  • Spain IBEX +0.4%

UK stocks finished at the lows of the day. This market likes big tech companies, not banks and grocery stores.

On the week:

  • Stoxx 600 -0.4%
  • German DAX +0.2%
  • UK FTSE 100 -0.3%
  • French CAC -0.6%
  • Italy MIB +1.0%
  • Spain IBEX +1.2%

These numbers certainly aren't that bad in the context of the nice rallies since October but you can't help look at the US and get a bit jealous.

As King Richard III said: My horse, my horse, my kingdom for a [UK-based tech giant] horse. This article was written by Adam Button at www.forexlive.com.

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