European stocks suffer another bruising day

  • Closing changes for the main European bourses
  • UK FTSE 100 -0.6%
  • German DAX -2.1%
  • French CAC -2.3%
  • Italy MIB -2.3%
  • Spain IBEX -1.8%

That's two days in a row of heavy selling and we're into the gap in the DAX.

DAX chart

There's any silver lining it's that there was a modest bounce in the final hour of trading.

Across the channel, UK stocks are holding up very well in the past two days.

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