That was the end of the trading week for European stock indices, and they ended the day with gains, and the week with gains as well.
For trading day:
- German DAX +0.92%
- French CAC 40 index, +0.41%.
- UK FTSE 100 +0.39%
- Spanish IBEX, +1.23%
- Italy’s FTSE MIB rises 0.34%
For the trading week:
- German DAX +2.11%
- French CAC +1.54%
- UK’s FTSE 100 rises 1.12%
- Spain’s IBEX rises 3.29%
- Italy’s FTSE MIB rises 0.83%
Looking at benchmark 10-year European bond yields:
- Germany 2.149%, -5.3bp
- France 2.839%, -6.0bp
- UK 3.770%, -14.7bps
- Spain 2.943%, -8.8bps
- Italy 3.513%, -7.2bps
As traders in London and Europe prepare to exit, US stocks are nearing their highest levels for the day:
- The Dow Jones Industrial Average rose 421 points, or 1.02%, to 41,517.50.
- The Standard & Poor’s 500 Index rose 37.40 points, or 0.67%, to 5,633.10.
- The Nasdaq Composite rose 113.3 points, or 0.65%, to 17,683.94.
The Russell 2000 index rose 49.21 points, or 2.31%, to 2,178.64. This is its biggest gain since Aug. 23.
Boeing shares fell -0.50% on the machinists’ strike. JPMorgan was the other Dow Jones 30 stock to fall today (-0.60%). IBM, Caterpillar and Intel led the gainers with gains of about 2%.
A look at the US debt market:
- 2-year yield 3.599%, -4.9bps
- 5-year yield 3.439%, -2.6 bps
- 10-year yield 3.662%, -1.7bps
- 30-year yield 3.992%, -0.3 bps
Gold is on track for another record close. It is up $22 or 0.87% at $2,581. During the trading week, gold is up 3.37% for a gain of $84.
Silver rose $0.96 or 3.24% to $30.91. Silver is up 10.38% this week with a gain of $2.90.
Crude oil rose $0.30 to $69.38. Crude oil rose 1.92% to $1.31.