DAX futures edge off earlier highs ahead of the opening today

The major European stock market indexes all closed lower on Friday. As noted here earlier today, the CAC 40 was the worst performer amongst the three, but it was closely followed by the DAX. The German benchmark closed 1.49% lower on Friday, handing back 282 points, to end last week at 18,720. That seemed something of a far cry below the record high it had set just the day before, at 19,044. Earlier today the DAX was pricing a reopening around 18,825, but it is off that level as the opening draws a little closer. That said, the index is currently priced to open higher this morning and perhaps assisted by the fact that the German Chancellors party avoided a drubbing in a state election over the weekend. The DAX is currently priced to reopen in 30 minutes, at around 18,785