European indices close sharply lower and down for the week ...Middle East

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German DAX, -639.50 points or -2.66% at 23425.98.France's CAC, -225.80 point or -2.91% at 7546.17.UK's FTSE 100 -64.21 points or -0.70% and 9068.59.Spain's Ibex -270.30 points or -1.88% at 14126.71.Italy's FTSE MIB -1044.87 points -2.55% at 39942.81.

For the trading week:

German DAX -3.27% (it's worse week since the end of March).France's CAC, -3.68% (worse week since and of March).UK's FTSE 100 -0.57%Spain's Ibex, -0.78%Italy's FTSE MIB -1.92%

Switzerland: 0.338% ▼ 2.1 bps (−5.85%)

Germany: 2.677% ▼ 2.1 bps (−0.78%)

France: 3.348% ▼ 0.5 bps (−0.15%)

A snapshot of the US markets show the major indices still in deep negative territory, but off the lows:

Dow industrial average -428 points or -0.97% at 43705.S&P index -73.56 points or -1.16% at 6266.25.NASDAQ index -345 points or -1.63% at 20779.Russell 2000-33.43 points or -1.51% at 2178.21.

2-year yield 3.730%, -22 basis points5-year yield 3.796%, -16.3 basis points.10 year yield 4.237%, -12.2 basis points30 year yield 4.814%, -7.1 basis points

The benchmark 10-year yield is at its lowest level since July 1 one the yield fell to 4.187%.

Crude oil is trading down $1.77 at $67.43. The price is now below its 200 day moving average at $67.98.Gold is up $52 or 1.6% at $3342. The price of gold is now up 0.21% this week after trading down for most of the week.Silver is up $0.14 at $36.85.Copper which fell over 20% yesterday is currently up 1.61% at $4.42.

Bitcoin is down $-200 at $115,542.

This article was written by Greg Michalowski at investinglive.com.

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