Major indices lower on the day as concerned about Covid increase
The European stock markets are closed and have snapped the 3 day win streak seen this week. Last week most of the major indices rose 4 of the 5 days. So today is a tilt in the other direction.
The provisional closes are showing:
- German DAX, -1.1%
- France’s CAC, -1.3%
- UK’s FTSE 100, -0.5%
- Spain’s Ibex, -0.8%
- Italy’s FTSE MIB, -0.7%
In other markets as London/European traders look to head for the exits:
- spot gold is trading up $12.80 or 0.69% $1878.52.
- Spot silver is trading up $0.05 or 0.24% at $24.33.
- WTI crude oil futures are up $0.38 or 0.92% of $41.82