European major indices end the session with mostly gains. Spain’s Ibex down however

  
Analysis, Global Indices

Major indices recovered from sharp declines earlier in the day

European major indices are ending the session with mostly gains. Spain’s Ibex is the exception. Most of the indices are well off of their earlier lows:

The provisional closes are showing:
  • German DAX, +1.6%. The low reached -1.86%
  • France’s CAC, +0.5%. The low reached -3.1%
  • UK’s FTSE 100, +0.9%. The low reached -2.88%
  • Spain’s Ibex, -1.15%. The low reached -3.9%
  • Italy’s FTSE MIB, +0.7%. The low reached -3.0%
in the European debt market, the benchmark 10 year yields are mixed with Germany, France and UK yields lower while Spain, Italy, Portugal yields moving higher:
Major indices recovered from sharp declines earlier in the day_
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