the major European indices are closing higher on the day and higher for the trading week. A snapshot of the gains today show:

• German DAX, +0.29%
• France’s CAC +0.40%
• UK’s FTSE 100 +0.13%
• Spain’s Ibex +0.61%
• Italy’s FTSE MIB +0.69%.

The FTSE closed at a new record level. Italy’s FTSE MIB and Spain’s Ibex closed at 17 – 18 year highs.

For the trading week, the major indices were higher:

• German DAX +0.02%
• France’s CAC +0.58%
• UK’s FTSE 100 +2.0%
• Spain’s Ibex +0.78%
• Italy’s FTSE MIB +1.54%

This article was written by Greg Michalowski at investinglive.com.