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.
As European traders head for the exits, U.S. equities are mixed in early trading.
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Dow Jones (DJI): 47,724.12, down 0.03%
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S&P 500 (SPX): 6,854.43, up 0.12%
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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.
The U.S. Treasury market is showing small upward moves in yields across much of the curve:
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2-year: 3.6043% (+0.021 basis points)
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5-year: 3.7691% (+0.017 basis points)
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10-year: 4.1741% (unchanged)
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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.
The commodities complex is uneven, with crude oil under pressure while precious metals surge.
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US Oil: $58.22, down 1.05%
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Gold: $4,206.095, up 0.37%
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Silver: $60.115 — up 3.40%, trading above $60 for the first time ever
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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.
