CAC futures fall back this morning

Yesterday, as noted here earlier, the CAC 40 was the best performing major European stock market index. The CAC put on 1.28%, or more rather 95 points on the day. The rebound back above 7,600 reached a high at 7,634 but that was the extent of it and it stopped well short of flipping the prior fall below 7,500 towards 7,700. The index later closed yesterday at 7,604. However, the CAC 40 futures are lower this morning and once again the luxury sector is in focus today, because that area remains a drag on progress, as does the lack of a functioning French government. So, the CAC is currently priced to reopen at around 7,558