Tuesday, 26 October 2021

Euro Stoxx 600 index closes at a new all time high

Major European indices close higher

The Euro stocks 600 index is set to close at a new all-time high. The index is up 0.8% and above the previous high of 475.84.

Major European indices close higher_

Other indices in Europe are also higher on the day with the provisional closes are showing:

  • German DAX, +1.1%
  • France's CAC, +0.9%
  • UK's FTSE 100, +0.8%
  • Spain's Ibex, +1.0%
  • Italy's FTSE MIB +0.6%

In other markets as European traders look to exit:

  • Spot gold is down $19.15 or -1.05% at $1788.12
  • Spot silver is down $0.60 -2.46% at $23.96
  • WTI crude oil futures are up $0.66 or 0.79% at $84.42
  • bitcoin is trading above and below $62,000

In the US stock market, the major indices are coming off their high levels but still higher on the day. The S&P and Dow industrial average traded to a new intraday all-time high prices:

  • Dow, +112.37 points or 0.32% at 35854.82. It new all-time high comes in at 35892.92
  • S&P index up 23 points or 0.5% at 4589.74. Its new all-time high comes in at 4598.53
  • NASDAQ index is up 86.6 points or 0.59% at 15316.62. It's high price reached 15384.00. That's 19 points lower than the all-time high of 15403.44
In the US debt market, yields are mixed with the short run higher in the longer end lower (flatter yield curve):
US yields are mixed

In the European debt market, the benchmark 10 year yields are lower on the day:

European 10 year yields are lower

A snapshot of the foreign-exchange market  has the AUD as the strongest of the majors while the JPY is the weakest. 

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October 27, 2021 at 03:41AM
Greg Michalowski
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