Major European indices close mixed. German DAX higher. France CAC and UK FTSE lower

The major European indices are ending the day with mixed results. A snapshot of the closing levels shows:

• German DAX, +0.77%
• France CAC, -0.31%
• UK FTSE 100 -0.38%
• Spain’s Ibex, +0.61%
• Italy’s FTSE MIB +0.07%

Benchmark 10 year yields or trading modestly lower:

As London/European traders had for the exits, the major US stock indices are trading higher:

• Dow Industrial Average average is up 90.40.23 percent at 40505
• S&P index of 17.02 points or 0.21% at 5582
• NASDAQ up 95 points or 0.53% at 18102

The small-cap Russell 2000 is trading up 22 points or 1.03% at 2243.43

US yields are trading lower ahead of the 2-year note auction at 1 PM ET.

• 2-year yield 4.493%, -3.0 basis points
• 5-year yield 4.145%, -3.4 basis points
• 10 year yield 4.227%, -3.3 basis points
• 30-year yield 4.453%, -2.5 basis points.

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