European major indices close mostly higher

The major European stock indices including mostly higher. The UK FTSE 100 is down modestly.

A snapshot of the closers are showing:

• German DAX, +0.61%
• France CAC, +0.06%
• UK FTSE 100, -0.10%
• Spain’s Ibex, +0.66%
• Italy’s FTSE MIB +0.52%

As European/London trains had for the exits, US indices or trading mixed, giving up earlier gains in the S&P and Dow industrial average:

• Dow Industrial Average reduced down -242.34 points or -0.63% at 38443.89. At session highs the index was up 49.28 points.
• S&P index is down -4.33 points or -0.09% at 5272.25. At session highs the index was up 24.61 points
• NASDAQ index remains higher by 69.59 or 0.42% at 16805.25. At session highs the index was up 174.87 points

The small-cap Russell 2000 index is trading down -1.10 points or -0.05%.

US yields are trading lower after weaker than expected ISM data

• 2-year yield 4.816% -7.7 basis points
• 5-year yield 4.417%, -11.1 basis points
• 10 year yield 4.402%, -11.0 basis points
• 30-year yield 4.552%, -9.9 basis points.

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