European shares closed mostly lower. The UK's FTSE 100 rises modestly

European shares closed mostly lower. The UK's FTSE 100 rises modestly

• France's CAC the worst performer

The major European indices are closing mostly lower with France's CAC the worst performer. The one exception is UK's FTSE 100 which rose modestly. A snapshot of the closing levels shows:

• German DAX -0.18%
• France's CAC, -0.50%
• UK's FTSE 100 +0.21%
• Spain's Ibex -0.17%
• Italy's FTSE MIB -0.03%

As the European shares close, the European leaders are arriving at the White House.

Looking at the US stock market, price action is modest today with gains and losses in the major indices: industrial average minus

• Dow industrial average unchanged
• S&P index -0.03%
• NASDAQ index -0.07%.