European equity close: Not a pretty picture

  • Closing changes for the main European bourses
  • Stoxx 600 -2.4%
  • UK FTSE 100 -1.5%
  • German DAX -2.5%
  • French CAC -2.6%
  • Italy MIB -2.8%
  • Spain IBEX -2.4%

It's been a rough couple days but the DAX still has some breathing room above the May and March lows.

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On the flipside, the index is back (once again) at pre-pandemic levels. The S&P 500 is still 400 points above the February 2020 highs.

There was some minor buying the the final few minutes of trading so perhaps we've seen the worst for now.

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