UPDATE: HOLY CRAP! Italy Closed Up More Than 6.3%!

UPDATE: European markets went bonkers today, as investors interpreted and reinterpreted European Central Bank President Mario Draghi’s comments yesterday.

Markets rallied across the board, with Italy leading the charge:

FTSE 100: 2.2%
DAX: 4.0%
CAC 40: 4.0%
FTSE MIB: 6.34%
IBEX 35: 5.6%

Check out the FTSE MIB:

Click for larger image.

ftse mib

Photo: Yahoo Finance

NOW READ: Draghi Just Staged A Dramatic Power-Play, And People Think It Could Be A Europe Game Changer >


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.