European indices closed sharply higher on the day

German DAX rises over by 3.2%

The European indices are close for the day and the provisional closes are showing sharply higher levels for each of the major indices:

  • German DAX, +3.2%
  • France’s CAC, +2.5%
  • UK’s FTSE 100, +1.8%
  • Spain’s Ibex, +2.4%
  • Italy’s FTSE MIB, +2.4%
In other markets as London/European traders look to exit:
  • spot gold is trading up $10.40 or 0.56% $1872.08
  • spot silver is upĀ $0.44 or 1.97% at $23.35
  • WTI crude oil futures are trading up $0.11 or 0.27% at $40 and 36%
in the US stock market, major indices continue to move to the upside with the Dow industrial average leading the way:
  • S&P index up 51.38 points or 1.56% at 3349.82
  • NASDAQ index up 150 points or 1.38% at 11064
  • Dow industrial average up 3 475 points or 1.75% at 27648.60