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DAX futures on the rebound this morning
Yesterday all the major European stock market indexes posted lower closes. The losses were led in percentage terms by the DAX. The German benchmark index handed back 1.32%. The DAX closed 242 points lower, at 18,076. Despite coming under pressure for the entire session, the index refrained from falling below 18k. The low seen was set at 18,058. Earlier in the day the DAX had reopened at 18,318. However, along with the FTSE 100 and CAC 40 futures this morning, the DAX futures are pricing a higher opening today. Right now that is at around 18,175.
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