The major European indices are closing the day mostly lower. The exception is the UK FTSE 100 which rose 0.28%.
A snapshot of the closing levels shows:
German DAX -0.80%France’s CAC -0.04%UK’s FTSE 100 +0.28%Spain’s Ibex -0.03%Italy’s FTSE MIB -0.58%
As European/London traders look toward the exit, US stocks remained mixed with the Dow Industrial Average higher while the broader S&P and NASDAQ indices on lower
Dow Industrial Average +0.95%S&P index -0.21%NASDAQ index -0.95%.
The small-cap Russell 2000 index is higher by 1.13% as the market shifts from large tech cap to small-cap stocks.
Looking at other markets, in the US debt market, yields are higher:
2-year yield 3.784%, +6.4 basis points5-year yield 3.857%, +6.4 basis points10-year yield 4.272%, +4.7 basis points30-year yield 4.802%, +2.7 basis points.
This article was written by Greg Michalowski at www.forexlive.com.