All major indices advance. Dax closes at record high.

The European stocks are closed and the major indices are racking up some solid gains:

  • German Dax up 1.1% and at a record close.
  • UK FTSE up 0.9%
  • France's CAC up 1.0%
  • Spain's Ibex is up 1.1%
  • Portugal's PS120 is up 1.07%
  • Italy's FTSE MIB is up 0.35%

In the 10 year debt market today:

  • Germany 0.28%, unchanged
  • UK 1.027%, up 1 bp
  • France 0.629%, unchanged
  • Spain 1.451%, unchanged
  • Portugal 2.877$, - 4.2 bp
  • Italy 1.956%, - 3.0 bp

US stocks near midday are up nicely as well with the Nasdaq leading the way. The S&P and Dow are making new record highs. The Nasdaq lags still:

  • The Nasdaq is up 1.17% or 71 points to 6223.55
  • The S&P is up 15.57 points or 0.64% to 2449
  • The Dow is up 103.65 points or +0.49% to 21488.

US debt yields are higher

  • 2 year 1.356%, up 4 bp
  • 5 year 1.7731%, up 3 bp
  • 10 year 2.170%, +1.9 bp
  • 30 year 2.774%, unchanged.