European indices close lower. German DAX and France’s CAC down 1%

The major European stock indices are closing lower on the day. The declines outlined by the German DAX and France’s CAC with each declining by 1%.

The final numbers are showing:

• German DAX, -1.03%
• France’s CAC -1.05%
• UK’s FTSE 100 -0.61%
• Spain’s Ibex, -0.36%
• Italy’s FTSE MIB -0.64%

For the month, also the indices are closing lower with the exception of Italy’s FTSE MIB:

• German DAX -1.38%
• France’s CAC, -3.74%
• UK’s FTSE 100 -1.54%
• Spain’s Ibex -1.72%
• Italy’s FTSE MIB +0.46%

This article was written by Greg Michalowski at www.forexlive.com.