The European indices fell sharply with the German Dax tumbling 1.79% -its worst day since September 2nd. France’s CAC snapped a 6 day win streak with a 1% decline.
A look at the major indices shows:
German Dax -1.7&%France’s CAC -1.00%UK FTSE 100 -0.88%Spain’s Ibex -1.51%Italy’s FTSE MIB -1.28%.
As London/European traders exit for the day, the US indices have turned negative:
Dow industrial average is down -121 points or 0.26%S&P index is down -11.32 points or -0.17%Nasdaq index is down -37.38 points or -0.17%.
US yields are now lower on the day:
2-year yield 3.517%, -2.1 basis points5 year yield 3.584%, -1.5 basis points10 year yield 4.026%, -0.8 basis points30 year yield 4.645%, -0.9% basis points
This article was written by Greg Michalowski at investinglive.com.