German DAX outperforms in Europe. Other indices near unchanged for the day

The German DAX rose by 0.56% in trading today and outpaced the other major indices in Europe.

A snapshot of the closing levels shows the other indices with marginal gains/losses. :

• German Dax +0.56%
• France’s CAC -0.01%
• UK FTSE 100 +0.19%
• SPain’s Ibex +0.03%
• Italy’s FTSE MIB +0.08%

as London/European traders exit for the day, US stocks maintain their gains:

• Dow Industrial Average up to 291 points or 0.68% at 43274.10
• S&P index up 36.40 points or 0.60% at 6128.31
• NASDAQ index up 118 points or 0.59% at 20093.01.

At session highs, the S&P index got within 15 points of its all-time high price reached in February. For the NASDAQ index its high price got within 89 points of its all-time high price reached back in December.

US rates remain lower ahead of the 7-year note auction at 1 PM:

• 2-year yield 3.745%, -3.3 basis points
• 5 year yield 3.828%, -3.0 basis points
• 10 year yield 4.278%, -1.4 basis points.
• 30 year yield 4.841%, -1.0 basis points.

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