German DAX a downside exception
The European shares are closing mostly higher. The exception is the German DAX which is trading down about -0.4%. The provisional closes are showing:
- German DAX, -0.4%
- France's CAC, +0.2%
- UK's FTSE 100, +0.2%
- Spain's Ibex, +0.2%
- Italy's FTSE MIB, +0.3%
In the European debt market, the benchmark 10 year yields are mostly lower. The exception is the UK 10 year which is up 1.3 basis points.
In other markets:
- Spot gold is finding buyers today and has move back above the $1900 level. It currently trades at $1910.36, up $24.59 or 1.3%
- SPot silver is also higher. It is trading up $0.82 or 3.56% at $24.06
- WTI crude oil futures are sharply lower today. It trades down $2.41 or -6.02% at $37.80. After closing back above its 100 day moving average yesterday (at $39.76 currently). The price has rotated back below the level tilting the bias more to the downside.
In the US stock market the snapshot of the major indices currently shows:
- S&P index up 18.82 points or 0.56% at 3381.78
- NASDAQ index up 115 points or 1.04% at 11283.50
- Dow up 100 points or 0.36% at 27881.12