European indices close mixed on the day. S&P and NASDAQ on pace for record closes

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The major European indices are closing mixed. German DAX and UK’s FTSE 100 both close lower while France’s CAC, Spain’s Ibex, and Italy’s FTSE MIB close the day with gains.

A snapshot of the closing levels shows:

  • German DAX, -0.39%
  • France’s CAC, +0.15%
  • UK’s FTSE 100 -0.19%
  • Spain’s Ibex +1.29%
  • Italy’s FTSE MIB +0.12%

As European traders exit for the day, US indices are mixed. The Dow industrial average is lower while the S&P and NASDAQ indices are higher and on pace for record closes. The Russell 2000 is marginally higher. Industrial average

  • Dow industrial average -198 points or -0.43% at 45513.63
  • S&P index +33.08 points or 0.51% at 6545.71
  • NASDAQ index up 94 points or 0.43% at 21972.95.

The small-cap Russell 2000 is up 1.46 points or 0.06% at 2383.20.

Oracle shares are sharply higher after guiding strongly to the upside.

Chips stocks are also higher:

  • Nvidia shares are up 4.16%.
  • Broadco shares are up 9.43%.
  • AMD shares are up 3.58%.

Other gainers today include:

  • Arm +7.40%

  • GameStop Corp +5.26%

  • Taiwan Semiconductor +4.76%

  • Super Micro Computer +4.56%

  • Micron +4.64%

  • NVIDIA +4.23%

  • Corning +3.63%

  • AMD +3.57%

  • Palantir +3.44%

  • Dell Tech +2.85%

  • Grayscale Bitcoin (BTC) +2.36%

  • Tesla +2.31%

  • First Solar +2.10%

US yields are lower ahead of the 10-year note auction at 1 PM:

  • 2-year yield 3.527%, -1.5 basis points
  • 5 year yield 3.581%, -2.0 basis points
  • 10 year yield 4.047%, -2.7 basis points
  • 30 year yield 4.698%, -1.8 basis points

Crude oil is trading up $1.23 at $63.86. Gold is up $23.90 or 0.66% at $3647.56, and Bitcoin is up $2388 or 2.14% at $113,919

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