The European indices fell sharply with the German Dax tumbling 1.79% -its worst day since September 2nd. France’s CAC snapped a 6 day win streak with a 1% decline.
A look at the major indices shows:
- German Dax -1.7&%
- France’s CAC -1.00%
- UK FTSE 100 -0.88%
- Spain’s Ibex -1.51%
- Italy’s FTSE MIB -1.28%.
As London/European traders exit for the day, the US indices have turned negative:
- Dow industrial average is down -121 points or 0.26%
- S&P index is down -11.32 points or -0.17%
- Nasdaq index is down -37.38 points or -0.17%.
US yields are now lower on the day:
- 2-year yield 3.517%, -2.1 basis points
- 5 year yield 3.584%, -1.5 basis points
- 10 year yield 4.026%, -0.8 basis points
- 30 year yield 4.645%, -0.9% basis points
