European equity close: DAX pops the top

European stocks were mixed today but the DAX broke out higher, generating some momentum. Still, the gains aren’t on par with the strong day for the Nasdaq:

• Stoxx 600 -0.1%
• German DAX +0.4%
• FTSE 100 +0.1%
• French CAC +0.4%
• Italy MIB -0.1%
• Spain IBEX -0.1%

For the week:

• Stoxx 600 +1.3%
• German DAX +1.9%
• FTSE 100 +0.5%
• CAC 40 +0.9%
• Italy MIB +2.4%

This breakout isn’t on economic strength, I can tell you that: