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European indices close higher. Record closing levels for some of the indices.

by Investor News Today
January 17, 2025
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The foremost European indices closed solidly increased not just for the day but additionally the week. The beneficial properties have led to document closes for the German DAX, the UK’s FTSE 100 and Italy’s FTSE MIB.

The ultimate numbers for the day present:

  • German DAX, +1.20%. For the week the index rose 3.41%. A brand new document excessive of 20,924.50 was reached. The index closed at 20,903.40.
  • France’s CAC rose +0.98%. For the week, the index rose 3.75%.
  • UK’s FTSE 100 rose 1.35% on the day and three.11% for the week. The excessive worth this week reached 8533.43 a brand new all-time excessive. The index closed at 8505.23.
  • Spain’s Ibex rose 0.64% for the day and 1.67% for the week.
  • Italy’s FTSE MIB rose 1.25% and three.36% for the week. The index closed at its highest stage since January 2008

As London merchants head for the exits, the US indices are increased.

  • Dow industrial common is up 441 factors or 1.03% at 43599.55. At session highs the index was up 472.89 factors.
  • S&P index is up 70.17 factors or 1.18% at 6007.06. At session highs, the index is up 74.61 factors
  • NASDAQ index is up 310.89 factors or 1.61% at 19649.50. That session highs it worth was up 341.33 factors

Trying on the US debt market, yields are increased now after buying and selling decrease earlier within the day:

  • 2 12 months yield 4.274% up 3.6 foundation factors
  • 5year yield 4.418%, +2.1 foundation factors.
  • 10 12 months yield 4.614%, +0.9 foundation factors
  • 30 12 months yield 4.843%, -0.2 foundation factors



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