European indices close the day mostly lower

Forex Short News

Major European indices are closing the day mostly lower. Spain’s Ibex little changed but down. Italy’s FTSE MIB up marginally.

  • German DAX -0.77%
  • France’s CAC -0.51%
  • UK’s FTSE 100 -0.27%
  • Spain’s Ibex -0.07%
  • Italy’s FTSE MIB +0.10%.

As London/European traders look toward the exits, US stock indices are trading lower in what has been an up and down trading session:

  • Dow industrial average -103 pointer -0.24% at 42352.23.
  • S&P index -4.44 points or -0.08% at 5707.01
  • NASDAQ index -16.39 points or -0.09% at 17882.95.

US yields are trading higher with a steeper yield curve:

  • 2-year yield 4.008%, unchanged
  • 5-year yield 4.106%, +1.5 basis points
  • 10 year yield 4.375%, +3.7 basis points
  • 30 year yield 4.733%, +5.0 basis points.

Looking at other markets.

  • Crude oil futures are trading near unchanged at $69.64
  • Silver is trading up $0.66 at $34.27.
  • Gold is sharply higher by $31.02 or 1.03% at $3050.15 intraday, the price reached a new all-time high of $3059.77. The high closing level is at $3048.88. The price is on pace for a new record high close.
  • Bitcoin is trading your unchanged at $87,000

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