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DAX futures higher this morning

The European stock markets are currently pricing a higher opening today, following the records set in the Nasdaq 100 and S+P 500 indexes on Friday. Well, despite those gains already unfolding ahead of the European close on Friday, the likes of the DAX and the FTSE 100 could not follow ahead of the weekend. The fact that the US markets then extended later on Friday evening has helped the opening outlook for this morning though. The DAX closed on Friday at 16,926, after stalling short of 17k this time (16,993 the high on Friday). However, the DAX futures are eying that 17k handle again today and right now not too much below that level, currently pricing the reopening at around 16,985

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