European traders have called it a day. The major stock indices are closing the day lower. For the trading week, indices are little changed. A snapshot of the closing levels shows:German DAX, -0.51%France CAC, -0.48%UK FTSE 100, -0.48%Spain's Ibex, -0.34%Italy's FTSE MIB, -0.50%.For the trading week:German DAX, +0.32%France CAC, +0.11%UK FTSE 100, -0.36%Spain's Ibex, +0.73%Italy's FTSE MIB +0.49%IN the European debt market this week, 10 year yields or mostly lower after the ECB cut rates by 25 basis points (a hawkish cut):Germany 2.612%, -4.6 basis pointsFrance 3.10%, -5.8 basis pointsUK, 4.261%, -7.0 basis pointsSpain 3.394%, +1.1 basis pointsItaly 3.953%, -4.1 basis points
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