Major European’s indices close higher

The major European indices are closing higher on the day. The gains were led by the Spain’s Ibex which increase by 1.36%.

A snapshot of the closing levels shows:

• German DAX, +0.98%
• France’s CAC +0.88%
• UK’s FTSE 100 +0.5%
• Spain’s Ibex +1.36%
• Italy’s FTSE MIB +1.01%

As London/European traders head for the exits, the major US indices are trading comfortably higher with the NASDAQ leading with a gain of 1.02%. The S&P index is up 0.93% in the Dow industrial average is up 0.90%.

US yields are mixed with the shorter end higher in the longer end lower.:

• 2-year yield 3.487%, +2.8 basis points
• 5 year yield 3.579%, +1.4 basis points
• 10 year yield 4.005%, +0.4 basis points
• 30 year yield 4.652%, -0.6 basis points.

In other markets:

• Crude oil is trading up $0.35 at $58.31.
• Gold is up $36 at $4167
• Silver is up $1.54 or 3.04% at $53.
• Bitcoin is up $500 at $87,836.

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