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

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