European indices close unchanged/down. Lower for the week.

The major European indices are ending the day little changed or down. For the week, the major indices are closing lower:

A snapshot of the closing levels at today shows:

• German DAX, +0.01%
• France CAC, -0.09%
• UK FTSE 100 under -0.26%
• Spain’s Ibex -0.58%
• Italy’s FTSE MIB +0.07%

For the trading week:

• German DAX, -0.06%
• France CAC, -0.89%
• UK FTSE 100, -1.22%
• Spain’s Ibex, -0.72%
• Italy’s FTSE MIB, -2.57%

As London/European traders head for the exits, the major US indices are higher:

• Dow Industrial Average average up 116 points or 0.30% at 39181.41
• S&P index up 39 points or 0.75% at 5306.80
• NASDAQ up 180 points or 1.07% at 16915.20.

The small-cap Russell 2000 is up 19.96 points or 0.97% at 2068.37.

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