June 06, 2024 at 05:33PM
Major European indices closed the day with gains across the board:
German DAX, +0.41%
France CAC, +0.42%
UK FTSE 100 +0.47%
Spain’s Ibex +0.80%
Italy’s FTSE MIB +0.95%
looking at European debt market, yields are closing mostly higher:
Germany 2.548%, +4.2 basis points
France 3.042%, +4.4 basis points
UK 4.175%, -1.0 basis points
Spain 3.284%, +4.5 basis points
Italy 3.869%, +5.0 basis points
As a London/European traders head for the exits, the broader US stock indices are trading down:
Dow Industrial Average average up 20 points or 0.05% at 38827
S&P index -9.0 points or -0.17% at 5344.50
NASDAQ index -36.6 points or -0.21% at 17151 .26.
The small-cap Russell 2000 is down -14.37 points or -0.70% at 2049.48.
US yields are mixed/little changed:
two year yield 4.734%, +0.3 basis points
5-year yield 4.302%, -0.3 basis points
10 year yield 4.289%, unchanged
30-year yield 4.439%, -0.2 basis points
Looking at other markets:
crude oil is trading up $1.55 or 2.15% at $75.76
Gold is trading up $18 or 0.76% at $2374.40.
Silver is surging by $1.18 or 3.98% at $31.21
Bitcoin is trading at $71,006. The high price reached $71,629. The low price is at $70,818.
Ethereum is trading at $3836. It’s high price reached $3879. Its low price was at $3823.
This article was written by Greg Michalowski at www.forexlive.com.