The major European indices are closing higher despite concerns about growth and the German Rhine river concerns.
- German DAX, +0.74%
- France's CAC +0.14%
- UK's FTSE 100 +0.47%
- Spain's Ibex +0.24%
- Italy's FTSE MIB +0.61%
For the trading week, the major indices are also higher on the week:
- German DAX rose 0.79%
- France's CAC +1.25%
- UK's FTSE 100 +0.82%
- Spain's Ibex +1.59%
Looking at the German DAX, although concerns about the Rhine River, the price is closing at its highest level since June 9 and also above its 100 day moving average at 13718.31
German DAX close above its 100 day moving average
