Major European indices close mixed to start the new trading week

The major European indices are closing mixed to start the new trading week. A snapshot of the closing levels shows:

• German DAX, +0.11%
• France’s CAC, -0.18%
• UK’s FTSE 100 -0.27%
• Spain’s Ibex, +0.07%
• Italy’s FTSE MIB -0.08%.

As London/European traders come to the conclusion of the trading day, the US major indices are all negative, and near session lows:

• Dow industrial average -149 points or -0.31% at 47805.
• S&P index -22.51 points or -0.33% at 6848.18.
• NASDAQ index -50 points or -0.21% at 23527.

The small-cap Russell 2000 is bucking the trend and trading up 9.73 points or 0.39% at 2531.12.

Some losers today include:

• Netflix (NFLX): 95.73, down 4.50 (-4.49%)

• Boston Scientific (BSX): 93.29, down 4.22 (-4.33%)

• Lululemon Athletica (LULU): 182.34, down 7.67 (-4.04%)

• Intel (INTC): 39.76, down 1.65 (-3.99%)

• Tesla (TSLA): 438.38, down 16.62 (-3.65%)

• Baker Hughes (BKR): 47.60, down 1.60 (-3.25%)

• Fortinet (FTNT): 84.18, down 2.74 (-3.15%)

• Macy’s (M): 22.17, down 0.68 (-2.98%)

• Nike (NKE): 64.15, down 1.71 (-2.59%)

• Intuit (INTU): 656.63, down 17.00 (-2.52%)

• Stryker (SYK): 354.70, down 9.32 (-2.56%)

• Lennar (LEN): 121.16, down 2.75 (-2.22%)

• Airbnb (ABNB): 121.72, down 2.61 (-2.10%)

• Live Nation Entertainment (LYV): 136.42, down 2.91 (-2.09%)

• Palo Alto Networks (PANW): 194.74, down 4.10 (-2.06%)

Some winners today include:

• Paramount Skydance (PSKY): 14.37, up 1.00 (+7.48%)

• Celsius (CELH): 43.68, up 1.62 (+3.85%)

• Robinhood Markets (HOOD): 136.43, up 4.48 (+3.40%)

• Ciena Corp (CIEN): 208.31, up 6.61 (+3.27%)

• Corning (GLW): 88.47, up 2.50 (+2.91%)

• Chewy (CHWY): 34.40, up 0.93 (+2.76%)

• Broadcom (AVGO): 400.90, up 10.67 (+2.73%)

• Micron (MU): 243.43, up 6.21 (+2.62%)

• Strategy (MSTR): 182.71, up 3.73 (+2.08%)

Looking at the US debt market, yields are higher:

• 2-year yield 3.604%, +4.0 basis points
• 5 year yield 3.767%, +5.2 basis points
• 10 year yield 4.181%, +4.3 basis points
• 30 year yield 4.825%, +3.3 basis points

looking at other markets:

• Crude oil is trading down $0.85 at $59.20.
• Gold is trading down $1.50 at $4195.77.
• Silver is trading down $0.33 at $57.95.
• Bitcoin is trading up $42 and $90,441, but is up from Friday’s close of $89,348

This article was written by Greg Michalowski at investinglive.com.