That’s a wrap for the European stock markets.

That’s a wrap for the European stock indices for the trading week, and then ended the day with gains, and the week with gains as well.

For the trading day:

• German DAX +0.92%
• France’s CAC, +0.41%.
• UK’s FTSE 100 +0.39%
• Spain’s Ibex, +1.23%
• Italy’s FTSE MIB +0.34%

For the trading week:

• German DAX +2.11%
• France’s CAC +1.54%
• UK’s FTSE 100 +1.12%
• Spain’s Ibex +3.29%
• Italy’s FTSE MIB +0.83%

Looking at European benchmark 10 year yields:

• Germany 2.149%, -5.3 basis points
• France 2.839%, -6.0 basis points
• UK 3.770%, -14.7 basis points
• Spain 2.943%, -8.8 basis points
• Italy 3.513%, -7.2 basis points

As London/European traders had for the exits, US stocks are higher in trading near highs for the day:

• Dow industrial average up 421 points or 1.02% at 41517.50
• S&P index up 37.40 points or 0.67% at 5633.10.
• NASDAQ index up 113.3 points or 0.65% at 17683.94

Russell 2000 up 49.21 points or 2.31% at 2178.64. . That is its largest gain since August 23.

Boeing shares are down -0.50% as machinists go on strike. J.P. Morgan is the other Dow 30 stock negative on the day (-0.60%). IBM, Caterpillar, and Intel lead the gainers with gains of around 2%.

Looking at the US debt market:

• 2-year yield 3.599%, -4.9 basis points
• 5-year yield 3.439%, -2.6 basis points
• 10 year yield 3.662%, -1.7 basis points
• 30 year yield 3.992%, -0.3 basis points

Gold is on pace for another record close. It’s price is up $22 or 0.87% at $2581. For the trading week gold is up 3.37% on a gain of $84

Silver is up $0.96 or 3.24% at $30.91. Silver is up 10.38% this week with a gain of $2.90

Crude oil is trading up $0.30 at $69.38. Crude oil is up 1.92% with a gain of $1.31.

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