European equity markets close with gains on the day

<p>Major European stock indices are ending the day with gains snapping 2-day declines</p><ul><li>German DAX rose 0.83%</li><li>France CAC rose 1.13%</li><li>UK FTSE 100 rose 0.17%</li><li>Spain's Ibex rose 0.13%</li><li>Italy's FTSE MIB rose 0.83%</li></ul><p>As European truth head for the exits, US stock indices remain mixed with the Dow Industrial Average down marginally. The S&amp;P and NASDAQ indices are higher:</p><ul><li>Dow Industrial Average -26.81 point -0.07% at 37239.10</li><li>S&amp;P index was 21.98 points or 0.47% at 4761.22</li><li>NASDAQ index at 173.21 points or 1.16% at 15028.61</li></ul><p>The small-cap Russell 2000 is lower now with a decline of -1.21 points or -0.06% at 1912.</p><p>US yields have moved back into positive territory after the stronger-than-expected initial and continuing the jobless claims:</p><ul><li>2-year yield 4.354%, then change</li><li>5-year yield 4.039% +1.6 basis points</li><li>10 year yield 4.138% +3.2 basis points</li><li>30-year yield 4.366% +5.4 basis points</li></ul><p>Crude oil futures are trading up one dollar or 1.39% at $73.57. That is near the high for the day at $73.69.</p><p>The inventory data for the current week showed:</p><ul><li>Crude stocks -2.492M vs. -0.313M estimate</li><li>Distillates showed a build of 2.370M versus 0.880M estimate</li><li>Gasoline was 3.083M vs 2.150M estimate</li></ul>

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

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