While the NASDAQ index tumbles by -1.13% and the S&P is down near -0.50%, the European indices moved higher today in a investment shift:
German DAX, rose 0.45%France’s CAC, rose 1.21%UK’s FTSE 100 rose 0.34%Spain’s Ibex rose 0.34%Italy’s FTSE MIB rose 0.89%
France’s CAC is trading at the highest level going back to March 2025. The UK FTSE 100 closed at a new record level. It closed today at 9189.23. Spain’s Ibex closed at a new 17 1/2 year high and Italy’s FTSE MIB closed at a new 18 year high.
The German DAX is still short of its all-time high which was reached at 24,549.57. The index closed at 24,423.08 today.
The S&P and the NASDAQ indices have made new all-time highs recently. The Dow industrial average finally surpassed its intraday high going back to December 2024, but could not close at a new record on the run to the upside..
This article was written by Greg Michalowski at investinglive.com.