European shares close lower but off lows as geopolitical concerns ease

The major European indices are closing lower on the day but off the lowest level from the geopolitical concerns from the pre-US opening levels.

The final numbers are showing:

• German Dax fell -128.88 points or -0.67% at 19060.32. At session lows the index reached 18812.53.
• France’s CAC fell -48.59 points or -0.67% at 7229.65. Session lows reached 7029.91.
• UK’s FTSE 100 fell -10.29 points or -0.13% at 8099.03. At session lows the price reached 8052.02.
• Spain’s Ibex fell 86.39 points or -0.74% at 11588.41. Session lows reached 11428.30.
• Italy’s FTSE MIB felt -433.70 points or -1.28% at 33324.72. At session lows the index reached 32787.77

as London/European traders head for the exits, the US indices are mixed but off low levels. In premarket trading, the Dow was down over 500 points, the S&P was down -50 point and the NASDAQ index was down -200 points. Those declines were er NASDAQ indices and S&P index now trading higher on the day.

• Dow industrial average -141.45 points or -0.33% at 43248.43
• S&P index +7.77 points or 0.13% at 5901.49
• NASDAQ index up 90.75 points or 0.49% at 18882.08

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