European equity close: Weak trading on Friday erases the weekly gain ...Middle East

Daily changes:Stoxx 600 -1.0%German DAX -0.8%UK FTSE 100 -1.3%French CAC -1.0%Italy MIB -0.4%Spain IBEX -0.4%There has been a real divergence in US and European stocks this week. Weekly changes:Stoxx 600 -0.2%German DAX +0.3%UK FTSE 100 -0.8%French CAC flatItaly MIB -0.5%Spain IBEX +0.8%Last week's bounce in European equities looked like it would continue after new highs yesterday but all the gains were erased today. This article was written by Adam Button at www.forexlive.com.

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