European Indices End Mixed as Trading Winds Down
The major European stock indices closed the session mixed, with performance varying across the region. Germany’s DEU40 led to the upside, gaining 0.49% at 24,162.66, while France’s CAC40 lagged, falling 0.69% to 8,052.52. The UK’s FTSE 100 (UKX) hovered near unchanged levels, slipping just 0.03% to 9,642.00.
Spain’s market data included duplicate readings for the IBEX 35, both showing the index up 0.13% at 16,734.49, confirming a modest gain on the day. Italy’s FTMIB also posted a respectable rise of 0.33%, closing at 43,574.51.
U.S. stock indices are mixed as London and European traders call it a day
As European traders head for the exits, U.S. equities are mixed in early trading.
Dow Jones (DJI): 47,724.12, down 0.03%
S&P 500 (SPX): 6,854.43, up 0.12%
Nasdaq (IXIC): 23,588.28, up 0.18%
The modest moves reflect a cautious tone ahead of today’s Treasury auction and lingering macro uncertainty.
U.S. Treasury Yields head higher ahead of 10 year auction
The U.S. Treasury market is showing small upward moves in yields across much of the curve:
2-year: 3.6043% (+0.021 basis points)
5-year: 3.7691% (+0.017 basis points)
10-year: 4.1741% (unchanged)
30 year 4.800%, (-1.5 basis points)
Further out the curve, long-end yields dipped slightly, with the 20-year and 30-year down by 0.012 and 0.014 respectively.
A key focal point today will be the U.S. Treasury’s auction of $39 billion in 10-year notes at 1:00 PM ET, which could influence yield direction and risk sentiment into the afternoon session.
Commodities & Crypto: Silver Breaks Above $60 for the First Time Ever
The commodities complex is uneven, with crude oil under pressure while precious metals surge.
US Oil: $58.22, down 1.05%
Gold: $4,206.095, up 0.37%
Silver: $60.115 — up 3.40%, trading above $60 for the first time ever
Bitcoin: $93,727, up 3.40%
Silver’s breakout above the $60 mark marks a historic milestone, underscoring strong investment flows into precious metals as inflation hedges and volatility dampeners.
