European indices close mostly lower

The major European indices are closing mostly lower.

A snapshot of the closing levels shows:

• German DAX, -1.14%
• France’s CAC -0.96%
• UK’s FTSE 100 +0.30%
• Spain’s Ibex -0.39%
• Italy’s FTSE MIB -0.83%

As London/European traders and for the exit, the broader US stock indices are sharply lower led by the NASDAQ index with a decline of -1.71%

• Dow industrial average -51 points or -0.12% at 42537.25
• S&P index -50.83 points or -0.89% at 5725.53
• NASDAQ index minus 310.31.0 -1.70% at 17961.23

in the US debt market, yields are higher despite the declines in US stocks:

• 2-year yield 4.004%, +2.0 basis points
• 5-year yield 4.086%, +2 point basis points
• 10 year yield 4.342%, +3.4 basis points
• 30 year yield 4.687%, +3.2 basis points.

Looking at other markets:

• Crude oil is trading up $0.90 at $69.90.
• Gold is trading down $3.32 at $3016.22
• Silver is trading down four cents at $33.67.
• Bitcoin is trading down $780 $86,656

The price of copper reached a new all-time highs on concerns about tariffs. The price reached $5.37 before rotating back to the downside.. The current price is up 2.8 cents at $5.238.

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