Mixed results for the European indices on September 11

The European indices are closing with mixed results for September 11.

A snapshot of the closing levels shows:

• German DAX, +0.34%
• France’s CAC, -0.14%
• UK’s FTSE 100 -0.15%
• Spain’s Ibex +0.67%
• Italy’s FTSE MIB -0.12%

As London/European traders look to exit, the Dow leads the decline. The NASDAQ is now marginally higher in up and down trading.

• Dow industrial average is down -450 points ( it was down -700 points at lows) or -1.08% at 40,300
• S&P index is down -34 points or -0.61%
• NASDAQ index is now up 17 points or 0.10% at 17042

Meanwhile yields in the US have now turned positive ahead of the 10 year note auction at 1 PM:

• 2 year yield 3.637%, +2 point basis points.
• 5-year yield 3.448%, +2.1 basis points.
• 10 year yield 3.659%, +1.5 basis points.
• 30 year yield 3.966%, +1.3 basis points

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