European traders head for the exits with solid gains in their pockets ...Middle East

The major European stock indices are closing with solid gains led by the Italy's FTSE MIB up 1.56%. Both the German DAX and France's CAC enjoyed gains of 1.2%.The final numbers are showing:German DAX +1.22%France's CAC, +1.2%UK's FTSE 100 +0.65%Spain's Ibex +0.40%Italy's FTSE MIB +1.56%Looking at benchmark 10 year yields, yields are lower: Germany 2.326%, -2.5 basis pointsFrance 3.079%, -1.7 basis pointsUK 4.426%, -0.6 basis pointsSpain 3.059%, -1.9 basis points. Italy 3.596%, -5.3 basis pointsAs European traders had for the exits, the US indices are trading higher led by the Dow industrial average and the Russell 2000.Dow industrial average +361 points or 0.82% and 44350S&P up 15.94 points

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