Not a good week though

Most of the major European stock indices are ending near unchanged levels for the day. Provisional closes are showing:

  • German Dax, +0.1%
  • France's CAC, -0.2%
  • UK FTSE, -0.03%
  • Spain's Ibex, -0.3%
  • Italy's FTSE MIB did not fair as well today, -0.97%

In the 10 year benchmark debt sector, yields are mostly higher today:

For the week, it was not a week to remember:

  • German Dax, -2.13%
  • France's CAC -3.50%
  • UKs FTSE -1.98%
  • Spain's Ibex -3.78%
  • Italy's FTSE MIB, -2.93%

Month to date numbers are worse:

  • German Dax, -5.54%
  • France's CAC, -6.39%
  • UK's FTSE -3.88%
  • Spain's Ibex -5.80%
  • Italy's FTSE MIB -4.34%

Things could be worse, the major US indices are showing MTD numbers showing:

  • Dow, -10.38%
  • S&P, -10.73%
  • Nasdaq, -11.90%

It is not a December to remember....