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European indices closed largely decrease. German DAX falls over 1%

The major stock indices in Europe are closing mostly lower with the German DAX the weakest with a decline of -1.04%. Looking at the major indices:

  • German DAX (DEU40): 23,589.45 (-247.35 / -1.04%)

  • France’s CAC 40: 8,097.01 (-25.71 / -0.32%)

  • UK’s FTSE 100 (UKX): 9,702.54 (-17.98 / -0.18%)

  • Spain’s IBEX 35 (IBEX35): 16,388.99 (+17.40 / +0.11%)

  • Italy’s FTSE MIB (FTMIB): 43,259.47 (-97.55 / -0.22%

as European traders head for the exits, US stocks are still down on the day but near session highs:

  • Dow industrial average -0.43%
  • S&P index -0.19%
  • NASDAQ index -0.17%

US yields are higher with a steeper yield curve:

  • 2-year yield 3.536%, +4.6 basis points
  • 5 year yield 3.663%, +6.6 basis points
  • 10 year yield 4.092%, +7.3 basis points
  • 30 year yield 4.743%, +7.3 basis points

looking at other markets:

  • Crude oil prices are up $0.75 or 1.20%
  • Gold is up $30.65 or 0.32% at $4232.12.
  • Silver is up $2 or 3.57% and $58.39. That is a new record for silver.
  • Bitcoin is down $5700 at $84,624 and on pace for its worse trading day since October 10

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