A game of two halves as risk reverses to leave stocks down

European stock market close 12 May 2016

  • FTSE -1.0%
  • Cac -0.5%
  • Dax -1.2%
  • Ibex flat
  • FTSE Mib -0.3%

European bonds

  • Italy 1.51% +3bp
  • Spain 1.62% +2bp
  • Portugal 3.23% -1bp
  • Germany 0.153% +3bp
  • Greece 7.40% -7bp

US stocks have caught the bug and from half decent opening levels we've tumbled into the red. The S&P is now -6 points at 2055 from a high at 2074

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