European indices close mostly lower ...Middle East

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European indices close mostly lower

The major European indices are closing mostly lower.

A snapshot of the closing levels shows:

    German DAX, -1.14%France's CAC -0.96%UK's FTSE 100 +0.30%Spain's Ibex -0.39%Italy's FTSE MIB -0.83%

    As London/European traders and for the exit, the broader US stock indices are sharply lower led by the NASDAQ index with a decline of -1.71%

    Dow industrial average -51 points or -0.12% at 42537.25S&P index -50.83 points or -0.89% at 5725.53NASDAQ index minus 310.31.0 -1.70% at 17961.23

    in the US debt market, yields are higher despite the declines in US stocks:

    2-year yield 4.004%, +2.0 basis points5-year yield 4.086%, +2 point basis points10 year yield 4.342%, +3.4 basis points30 year yield 4.687%, +3.2 basis points.

    Looking at other markets:

    Crude oil is trading up $0.90 at $69.90.Gold is trading down $3.32 at $3016.22Silver is trading down four cents at $33.67.Bitcoin is trading down $780 $86,656

    The price of copper reached a new all-time highs on concerns about tariffs. The price reached $5.37 before rotating back to the downside.. The current price is up 2.8 cents at $5.238.

    This article was written by Greg Michalowski at www.forexlive.com.

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