European indices close lower

The major European indices are closing lower. The German DAX and Italy’s FTSE MIB is on a four-day losing streak.

• German DAX, -0.31%
• France’s CAC, -0.43%
• UK’s FTSE 100 -0.17%
• Spain’s Ibex unchanged
• Italy’s FTSE MIB -0.29%

Looking at European benchmark 10 year yields:

• Germany 2.345%, unchanged
• France 3.097%, +1.1 basis points
• UK 4.473%, +2.6 basis points
• Spain 3.055%, +0.3 basis points
• Italy 3.575%, +2.2 basis points

As London/European traders head for the exits, US stocks are weak and lower as well:

• Dow industrial average -112 points or -0.26% at 43156
• S&P index -38 points or -0.65% at 5879
• NASDAQ index -149 points or -0.79% at 18837
• Russell 2000 is down -10.26 points or -0.44% and 2314.60.

In other markets:

• Crude oil is trading near unchanged at $69.24
• Gold is trading up $17.20 or 0.65% at $2649.06.
• Silver is trading down $0.12 or -0.38% at $31.05.
• Bitcoin is trading up $1300 at $93,753. The digital currency hit a new record high $94,942.

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