European indices close mostly lower

The major European indices are closing the day mostly lower. The exception is the UK FTSE 100 which rose 0.28%.

A snapshot of the closing levels shows:

  • German DAX -0.80%
  • France’s CAC -0.04%
  • UK’s FTSE 100 +0.28%
  • Spain’s Ibex -0.03%
  • Italy’s FTSE MIB -0.58%

As European/London traders look toward the exit, US stocks remained mixed with the Dow Industrial Average higher while the broader S&P and NASDAQ indices on lower

  • Dow Industrial Average +0.95%
  • S&P index -0.21%
  • NASDAQ index -0.95%.

The small-cap Russell 2000 index is higher by 1.13% as the market shifts from large tech cap to small-cap stocks.

Looking at other markets, in the US debt market, yields are higher:

  • 2-year yield 3.784%, +6.4 basis points
  • 5-year yield 3.857%, +6.4 basis points
  • 10-year yield 4.272%, +4.7 basis points
  • 30-year yield 4.802%, +2.7 basis points.

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