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European Markets in Mixed Territory Tuesday


The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Jan. 11, 2021.

European markets are mixed Tuesday as the worsening coronavirus pandemic around the world, coupled with political turmoil in the United States, is putting a damper on trading activity.

At the midday point of the trading day, London’s FTSE index is down 0.6%, the CAC-40 index in Paris is nearly 3 points lower but unchanged percentage-wise (-0.04%) and Frankfurt’s DAX index is up nearly 4 points but is also unchanged (+0.03%).

Asian markets were mixed earlier Tuesday. The Nikkei index in Tokyo finished 25 points higher, but was virtually unchanged percentage-wise (+0.09%), while the Shanghai Composite rose 2.1%. Hong Kong’s benchmark Hang Seng index rose 1.3%, and Mumbai’s Sensex closed 0.5% higher.

Sydney’s S&P/ASX index lost 0.2%. Seoul’s KOSPI index closed 0.7% lower, while the TSEC index in Taipei was down 0.3%.

In commodities trading, gold is selling at $1,858.40, up 0.4%. U.S. crude oil is selling at $52.90 per barrel, up 1.2%, while Brent crude is also 1.2% higher, selling at $56.35 per barrel.

With the opening bell on Wall Street looming, the three major U.S. indices -- the Dow, S&P 500 and the Nasdaq -- are all trending positively in futures trading.

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