European indices closed with mixed results. France's CAC in Italy's FTSE MIB fall

The major European indices closed with mixed results. France's CAC and Italy's FTSE MIB fell. Spain's Ibex and UK's FTSE 100 led the way to the upside.

A snapshot of the closing levels shows:

• German DAX, +0.23%
• France's CAC -0.41%
• UK's FTSE 100 +0.5%
• Spain's Ibex +1.34%
• Italy's FTSE MIB -0.24%.

As London/European exit for the day, US indices are mixed with the Dow industrial average backing away from December 2024's all-time high. That index closed within four points of that record level today has been negative for the entire session. The S&P and NASDAQ index are marginally higher.

• Dow industrial average -207 points or -0.46% at 44804.60. The all-time high close is at 45014.04.
• S&P index +10.9 points or 0.18% at 6369.50.
• NASDAQ index up 32.3 points or 0.15% at 21052.25.
• Russell 2000 down -22.78 points or -1.00% at 2260.35.

Alphabet shares are trading higher by $2.61 or 1.36% at $192.79.

Nvidia shares are trading up $2.10 or 1.22% at $172.86.. Alphabet said that they would could continue to spend on AI. Meta said the same thing. There is no pulling back from the AI revolution and Nvidia is a leading the charge. Nvidia all-time high close comes in at $173. The high price today did reach $173.45.

Broadcom shares are up $4.94 or 1.75% of $288.70. At that level, it would represent a new all-time high surpassing the high price from July 18 at $288.21.

Open AI prepares to watch launch GPT-5 in August.