Major European shares close mixed/little changed.

The major European indices are closing with mixed results:

• German DAX, -0.03%
• France CAC, +0.04%
• UK FTSE 100, -0.20%
• Spain’s Ibex, +1.02%
• Italy’s FTSE MIB +0.57%

For the trading week, major indices moved higher led by Spain’s Ibex.:

• German DAX, +0.69%. The index did reach a new all-time high at 18039.05 before rotating lower
• France CAC, +1.7%. Like the German DAX, the index traded to a new all-time high at 8218.07
• UK FTSE 100. +0.88%
• Spain’s Ibex, +2.84%
• Italy’s FTSE MIB, +1.65%

As London/European traders head for the exits, US stocks are trading at session lows and all three major indices are now in negative territory:

• Dow industrial average -280 points or -0.72% at 38627.36
• S&P index -45 points or -0.88% at 5105
• NASDAQ index -200 points or -1.22% at 15927.

In the US debt market, yields are mostly higher especially in the shorter end:

• 2-year yield 4.71%, +3.0 basis points
• 5-year yield 4.323%, +3.0 basis points
• 10 year yield 4.308%, +1.0 basis points
• 30-year yield 4.435%, -0.7 basis points.

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