European indices close with solid gains Gains of over 1% for most of the major indices.

Spot gold is trading back above its 100 and 200D MAs

US stocks are showing some weakness especially in the NASDAQ index. The Dow industrial average however is seeing a flow into the relative safety of those cyclical stocks.

  • Dow industrial average up 154 points or 0.43% at 36083
  • S&P index down 5.37 points or -0.12% at 4704
  • NASDAQ index down -212 points or -1.36% at 15353
  • Russell 2000 is trading down -2.9 points or -0.13% at 2192.23
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