Global MarketsAugust 10 at 11:30 AM

European Closes: Euro Stoxx 50 +0.15% at 6,534, Dax 40 +0.14% at 26,355, FTSE 100 -0.36% at 10,862, CAC 40 +0.13% at 8,726, FTSE MIB -0.10% at 53,664, IBEX 35 +0.03% at 20,183, PSI -0.29% at 9,155, SMI +0.50% at 14,617, AEX +0.17% at 1,113

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European markets closed slightly higher today, led by the SMI and tech optimism following TSMC's revenue growth, despite geopolitical tensions and FTSE 100 weakness.

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European Closes: Euro Stoxx 50 +0.15% at 6,534, Dax 40 +0.14% at 26,355, FTSE 100 -0.36% at 10,862, CAC 40 +0.13% at 8,726, FTSE MIB -0.10% at 53,664, IBEX 35 +0.03% at 20,183, PSI -0.29% at 9,155, SMI +0.50% at 14,617, AEX +0.17% at 1,113

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Today's market highlights

US forces reportedly fired on a Panama-flagged ship that attempted to run the American blockade of Iranian ports early Tuesday, according to WSJ citing a US official

Pakistani Defence Minister reportedly signals the US and Iran are close to some agreement; says the situation is moving towards peace

US Redbook (Aug/08 YY) 8.3% (Prev. 8.7%)