European indices close lower, German DAX snaps seven-day run to the upside

<p>The major European indices are closing the day lower. The German DAX snapped a seven-day run to the upside which saw the index move to new all-time highs.</p><ul><li>German DAX: Last at 16,628.98, decreased by 27.47 points, a change of -0.16%.</li><li>France CAC: Last at 7,428.53, decreased by 7.47 points, a change of -0.10%.</li><li>UK FTSE 100: Last at 7,513.73, decreased by 1.66 points, a change of -0.02%.</li><li>Spain's Ibex: Last at 10,146.01, decreased by 112.10 points, a change of -1.09%</li><li>Italy's FTSE MIB: Last at 30,121.77, decreased -204.52 points a change of -0.67%</li></ul><p>For the trading week most of the indices are still higher:</p><ul><li>German DAX, +1.41%</li><li>France CAC +1.12%</li><li>UK FTSE 100, -0.21%</li><li>Spain's Ibex, +0.05%</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.