World Markets Around the World Are Getting Smoked – Dow Falls Below 15,000

GlobalPost

Markets across Europe just closed at their lowest levels of the day.

The London FTSE 100 fell 2.1 percent, the French CAC 40 fell 1.9%, the German DAX lost 1.2%, the Spanish IBEX 35  retreated 0.9% and the Italian FTSE MIB fell 1.0%.

European markets are now trading at six-week lows.

Meanwhile, in the United States, the Dow Jones Industrial Average is down 1.2 percent (off 180 points), and is now trading at 14,991.

The S&P 500 is down 1.1 percent, and the NASDAQ is 1.0 percent lower. All three are trading at their lowest levels of the day.

The S&P 500 is trading around 1617 this morning, 4.1 percent off its peak level of 1687 turned in on May 22.

And the Japanese Nikkei 225, after falling a whopping 3.8 percent in the wake of a speech from the country's prime minister that failed to deliver, continues to head lower in after-hours futures trading.

The Nikkei is now down 17 percent from its May 22 peak, only three percentage points away from a bear market.

10-year Treasury yields are down 5 basis points to 2.10 percent. French and German yields are down 2 and 3 basis points to 2.06 percent and 1.51 percent, respectively.

Italian yields are up 4 basis points to 4.13 percent, and Spanish yields are up 2 basis points to 4.42% percent. Portuguese bond yields are up 9 basis points to 5.72 percent.

More from our partner, Business Insider:

A Simple Math Formula Is Basically Responsible For All Of Modern Civilization

Everyone Is Talking About This New App That Claims To Fix Email On Your iPhone

Chris Christie's Favoribility Ratings Continue To Be Unlike Anything We've Ever Seen

This Philly Startup Wants To Transform The Way Brands Use Pinterest and Instragram

India's Obsession With Gold Is Ruining The Economy

Sign up for our daily newsletter

Sign up for The Top of the World, delivered to your inbox every weekday morning.