European indices close lower on the day

European indices close lower on the day

• Declines across the board as investors shift out of Europe

The major European indices all fell by -0.50% or more in trading here today. The biggest decliner was France's CAC which fell by -1.7% and Italy's FTSE MIB which declined by -1.32%.

A snapshot of the closing levels are showing:

• German DAX, -0.50%
• France's CAC -1.70%
• UK's FTSE 100 -0.60%
• Spain's Ibex -0.96%
• Italy's FTSE MIB -1.32%.

As London/European traders look to exit for the day, US indices are mixed/little changed.

• Dow industrial average down -16 points or -0.03% at 45263
• S&P index is up 4.42 points or 0.07% at 6443.06.
• NASDAQ index is up 39.83 points or 0.18% at 21489.

Nvidia will announce earnings after the close tomorrow. Its shares are trading up $1.76 or 0.90% at $181.49. The high closing level for shares was at $183.16 back on August 12.

Other chip companies are very well today:

• Broadcom is trading up $3.01 or 1.02%
• AMD is trading up $2.07 or 1.29%
• ASML holdings are trading up $4.80 or 0.64%
• TSMC is trading up $2.34 or 0.99%
• Qualcomm is trading up $3.40 or 2.17%