European bourses finished the session on the front foot even as Wall Street’s tech complex and the crypto board slid. The split between the two sides of the Atlantic was the clearest theme into the London close.
Indices
The IBEX 35 led the region, up 0.98% to 19,763, extending a 3.18% weekly run. The CAC 40 added 0.82% to 8,425 and the Euro Stoxx 50 rose 0.70%. The DAX gained 0.50%, while the FTSE 100 was essentially flat at 10,791.
Asia was mixed: the Hang Seng climbed 1.13% and sits 10.03% higher on the month, but the Nikkei 225 dropped 2.30% and is down 5.25% on the week.
The weak spot was US tech. The Nasdaq 100 fell 1.85% to 28,042 and the S&P 500 lost 0.80%. The Dow held roughly flat at -0.10%.
Crypto
Digital assets were broadly lower. Tezos led the decliners, down 7.20%, with Uniswap off 4.74%, Cardano down 4.53% and Polkadot 4.36% weaker.
The majors held up better in relative terms: Bitcoin slipped 0.84% to $64,776 and Ethereum eased 0.49%, though ETH remains up 8.07% on the month.
Commodities & metals
Crude was the standout mover in energy. US Oil fell 2.95% to $81.10 and UK Oil dropped 2.55% to $84.94, though both remain up roughly 17% over the month.
Silver retreated 2.05% to $58.41. Gold was quieter, down 0.42% at $4,076. Palladium bucked the trend, adding 1.04%.
FX
The dollar firmed at the margins. EUR/USD eased 0.22% to 1.1366 and GBP/USD fell 0.46% to 1.3287. USD/NOK rose 0.58% and USD/CHF added 0.25%. The rand outperformed, with USD/ZAR down 0.47%.
With Continental equities closing green and US tech the session’s laggard, the Nasdaq names and the crypto board remain the clearest points of weakness on the tape.
