Major European indices ended the session with mixed results. Italy’s FTSE MIB led the way, rising 1.09%, supported by strength in auto and banking stocks. Reports suggesting auto tariffs may be less severe than expected helped lift sentiment, with notable gains from Stellantis (+4.0%) and Iveco (+2.3%). Banks also performed strongly, including UniCredit (+1.3%), Intesa Sanpaolo (+1.4%), Mediobanca (+3.6%), Monte dei Paschi (+2.7%), and Banca Generali (+2.2%).
Elsewhere:
As European traders wrap up for the day, U.S. markets are modestly higher. The Dow Jones leads with a 0.5% gain, while the S&P 500 is up 0.14% and the Nasdaq is slightly firmer by 0.06%.
U.S. Treasury yields are moving lower across the curve:
-
2-year: 3.666% (-1.9 bps)
-
5-year: 3.783% (-3.1 bps)
-
10-year: 4.181% (-3.5 bps)
-
30-year: 4.661% (-3.1 bps)
Commodities and crypto:
-
Crude oil: $60.86, down $1.19 (-1.92%)
-
Gold: $3,307, down $36.70 (-1.10%)
-
Bitcoin: $94,937, down $100
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.
