European equity close: The Mag 7 aren't in London
<p>Closing changes on the day:</p><ul><li>Stoxx 600 flat</li><li>German DAX +0.2%</li><li>UK FTSE 100 -0.1%</li><li>French CAC flat</li><li>Italy MIB +0.1%</li><li>Spain IBEX +0.4%</li></ul><p>UK stocks finished at the lows of the day. This market likes big tech companies, not banks and grocery stores.</p><p>On the week:</p><ul><li>Stoxx 600 -0.4%</li><li>German DAX +0.2%</li><li>UK FTSE 100 -0.3%</li><li>French CAC -0.6%</li><li>Italy MIB +1.0%</li><li>Spain IBEX +1.2%</li></ul><p>These numbers certainly aren't that bad in the context of the nice rallies since October but you can't help look at the US and get a bit jealous.</p><p>As King Richard III said: My horse, my horse, my kingdom for a [UK-based tech giant] horse.</p>
This article was written by Adam Button at www.forexlive.com.
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