European equity close: An ugly turnaround after a record high in the DAX

  • Outside reversal
DAX daily
DAX daily

Shortly after the open today, the DAX hit a record high but profit taking hit hard and it finished down 1.8% in a somewhat-ugly candle that highlights an outside reversal. It closed at the lows.

Closing changes:

  • Stoxx 600 -1.0%
  • German DAX -1.7%
  • France CAC -1.3%
  • UK FTSE 100 -0.7%
  • Spain IBEX -1.75%
  • Italy's FTSE MIB -0.6%

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