Major European indices are closing the day with mixed results. A snapshot of the closing levels shows:
- German DAX +0.51%
- France’s CAC -0.27%
- UK’s FTSE 100 -0.03%
- Spain’s Ibex +0.47%
- Italy’s FTSE MIB +0.29%
As European/London traders head for the exits, US stock indices are higher but well off their highs levels. A report that Amazon is announced a new AI chip is led to a rotation back down in Nvidia. Alphabet in other chip stocks have also given up gains.
A snapshot of the market currently shows:
- Dow industrial average up 141 points or 0.30%. At session highs the index is up 307.78 points.
- S&P index up 5 points or 0.07%. At session highs, the index was up 38.92 points.
- NASDAQ index up 56 points or 0.25%. At session highs the index is up 250.31 points.
Nvidia shares are currently up $1 or 0.57%, but was up $5.74 at highs. Alphabet shares are up $0.42 but were up $3.49 at session highs. AMD shares are currently down to dollars and $0.28 after being up $6.22, and Broadcom shares are down $-2.29 after being up $7.42.
In the US debt market, yields are mixed with the shorter end down while the longer end is up marginally:
- 2 year yield 3.516%, -2.5 basis points
- 5 year yield 3.660%, -1.3 basis points
- 10 year yield 4.094%, -0.2 basis points.
- 30 year yield 4.748%, +0.6 basis points
in other markets :
- Crude oil prices are currently down $0.25 or -0.42% at $59.08. The low price reached $58.28. The high price was at $59.67.
- Gold is down $43 or -1% at $4186.
- Silver is down $0.39 or -0.65% and $57.57
- Bitcoin is up $4500 and $90,813.
Pres. Putin is now meeting with US envoy Witkoff and present Trump’s son-in-law Jared Kushner
This article was written by Greg Michalowski at investinglive.com.