European equity markets sag late, Spain stocks hit 16-year high

Closing changes on the day:

• Stoxx 600 -0.4%
• German DAX -0.6%
• France CAC -0.6%
• UK FTSE 100 -0.3%
• Spain IBEX +0.3% -- highest close since 2008
• Italy's FTSE MIB +0.5%

Spanish stocks have been in an impressive bull market and are making new highs after the tariff rout.