European equities end mixed, US shares edge higher

Major European indices closed mostly higher to start the week, but the gains were modest. The gains and mostly indices come despite weaker S&P/Global PMI flash data.

A snapshot of the closing levels show:

• German Dax, +0.58%
• France’s CAC, +0.06%
• UK FTSE 100, +0.36%
• Spain’s Ibex, +0.38%
• Italy’s FTSE MIB, -0.24%

As European traders look to exit US shares are marginally higher:

• Dow industrial average is 59 points or 0.14% have 42121.95.
• S&P index up 19.25 points or 0.34% have 5721.55
• NASDAQ index up 51.28 points or 0.29% at 17999.53

Small-cap Russell 2000 -10.68 points or -0.46% at 2217.19

in the US debt market, yields are higher:

• 2-year 3.605%, +3.2 basis with
• 5 year yield 3.530%, +4.7 basis points
• 10 year yield 3.775%, +4.7 basis points
• 30 year yield 4.115%, was 4.3 basis points

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