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DAX futures lower this morning after the index narrowly avoided a daily close below 19k
Yesterday the DAX look nailed on to set a daily close below 19k. The index fell to a low at 18,838, but somehow it managed to avoid a daily close below 19k. The index closed at 19,003. To be perfectly honest with you that was a surprise here. Well, this morning the DAX futures are currently in the red and targeting a slightly lower opening right now, so we shall see if it gets lucky again today. The overall southbound trend looks intact though and once again the reader is reminded of the significant rotation out of European stocks more generally and back stateside. That especially impacts the DAX and the CAC and the FTSE 100 too. The DAX is currently priced to reopen shortly at around 18,980
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