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MEDIUM IMPACT ForexLive · May 8, 03:45 PM

Major European indices close lower on the day

The major European indices are closing mostly lower: German DAX, -1.44%. France's CAC -1.09% UK's FTSE 100 -0.43% Spain's Ibex -0.95% Italy's FTSE MIB unchanged For the trading week: German DAX, +0.06% France's CAC -0.03% UK's FTSE 100 -1.26% Spain's Ibex +0.61% Italy's FTSE MIB +2.16% As London/European traders headfor the exits, the US stock indices remain higher led by the NASDAQ index with a gain of 1.32%. The S&P index is up 0.71% while the Dow Industrial Average is near unchanged. This art

DAXFTSENASDAQ
SIGNALPRO AI · WHAT'S LIKELY TO HAPPEN
BEARISH 75% confidence

Given the decline in major European indices, a bearish sentiment may persist in the short term. However, the strength of the US indices, particularly the NASDAQ, could provide some support for a potential rebound.

AI-generated analysis. For educational purposes only — not financial advice.

The major European indices are closing mostly lower: German DAX, -1.44%. France's CAC -1.09% UK's FTSE 100 -0.43% Spain's Ibex -0.95% Italy's FTSE MIB unchanged For the trading week: German DAX, +0.06% France's CAC -0.03% UK's FTSE 100 -1.26% Spain's Ibex +0.61% Italy's FTSE MIB +2.16% As London/European traders headfor the exits, the US stock indices remain higher led by the NASDAQ index with a gain of 1.32%. The S&P index is up 0.71% while the Dow Industrial Average is near unchanged. This article was written by Greg Michalowski at investinglive.com.

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