European indices close lower on the day

The major European indices are closing lower on the day with declines in the -0.30-0.40% range.

A snapshot of the closing level shows:

• German DAX, -0.38%
• Frances CAC, -0.30%
• UK’s FTSE 100 -0.29%
• Spain’s Ibex, -0.28%
• Italy FTSE MIB -0.83%

As the European traders had for the exits, the US major indices are mixed:

• Dow industrial average +129.58 points or 0.31% at 42069.
• S&P index -29.42 points are -0.51% at 5797.21
• NASDAQ index -227 points or -1.19% at 18935
• Russell 2000-19.60 points or -0.90% at 2169.42.

Looking at other markets:

• Crude oil is trading up $2.25 or 2.92% at $78.78
• Gold is trading down -$24 or -0.94% at $2664.
• Bitcoin is trading down $2600 at $91,911 after trading as low as $89,164 before bouncing higher

In the US at that market, yields are trading back higher now after dipping into negative territory in the early US session:

• 2 year yield 4.402%, +0.7 basis points.
• 5 year yield 4.607%, +1.6 basis points
• 10 year yield 4.792%, +1.8 basis points
• 30 year yield 4.976%, +1.3 basis points

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