European equity close: German stocks lead in a strong day

• German DAX +1.4%
• UK FTSE 100 +0.3%
• French CAC +1.3%
• Italy MIB +1.0%
• Spain IBEX +0.8%

European stocks finished strong despite the weakness in the Nasdaq. A gap is opening up between growth and value; European stocks fall squarely in the 'value' camp.