The major European indices are closing mixed on the day. The German DAX is lower after closing at a record level yesterday and hundred is also down today.

A snapshot of the closing levels shows:

• German DAX, -0.57%
• France’s CAC, +0.18%
• UK’s FTSE 100, -0.37%
• Spain’s Ibex, +0.15%
• Italy’s FTSE MIB, +0.18%

For the trading week:

• German DAX, +3.19%. The index has been up for six consecutive weeks
• France’s CAC, +2.58%, The index has been up for six consecutive weeks.
• UK’s FTSE 100, +0.37%. The index has been up for three consecutive weeks
• Spain’s Ibex, +2.10%. The index has been up for eight consecutive weeks
• Italy’s FTSE MIB, +2.49%. The index has been up for three consecutive weeks

For the year, all the major indices except the UK’s FTSE 100 are up over 10% led by the German DAX up 12.93%.

• German DAX, +12.93%
• France’s CAC, +10.81%
• UK’s FTSE 100, +6.84%
• Spain’s Ibex, +11.74%
• Italy’s FTSE MIB, +11.09% by comparison

In comparison to the US:

• Dow industrial average +4.91%
• S&P index up 4.01%
• NASDAQ index up 3.42%.

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