The major European indices are closing lower. The German DAX and Italy’s FTSE MIB is on a four-day losing streak.
German DAX, -0.31%France’s CAC, -0.43%UK’s FTSE 100 -0.17%Spain’s Ibex unchangedItaly’s FTSE MIB -0.29%
Looking at European benchmark 10 year yields:
Germany 2.345%, unchangedFrance 3.097%, +1.1 basis pointsUK 4.473%, +2.6 basis pointsSpain 3.055%, +0.3 basis pointsItaly 3.575%, +2.2 basis points
As London/European traders head for the exits, US stocks are weak and lower as well:
Dow industrial average -112 points or -0.26% at 43156S&P index -38 points or -0.65% at 5879NASDAQ index -149 points or -0.79% at 18837Russell 2000 is down -10.26 points or -0.44% and 2314.60.
In other markets:
Crude oil is trading near unchanged at $69.24Gold is trading up $17.20 or 0.65% at $2649.06.Silver is trading down $0.12 or -0.38% at $31.05.Bitcoin is trading up $1300 at $93,753. The digital currency hit a new record high $94,942.
This article was written by Greg Michalowski at www.forexlive.com.
