SCOREBOARD: Euro afterglow

European markets were still on a high over recent comments from eurozone leaders, but the effect waned for US stocks.

European banks, still bathing in the afterglow of recent policy rhetoric, helped stocks on the continent push higher overnight. The major indices all closed over 1 per cent, with the Dax 1.3 per cent, the CaC 1.2 per cent and the FTSE also 1.2 per cent higher, although some of the large European banks outperformed that – Deutsche Bank up 2 per cent for instance and credit Agricole plus 7 per cent.


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