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DAX futures in the red this morning
The DAX was once again the best performing major European index yesterday and the FTSE 100 was the worst. The contrast was stark too. The DAX gained 0.71% by the close, where the FTSE 100 lost 0.75%. The major reason for that was due to the losses seen in HSBC, which we covered earlier in the morning. Shares in HSBC closed 5.42% lower yesterday.
Meantime, the DAX was helped by contrastingly better earnings and a fall back in the oil price and that led the index as high as 25,647. The DAX later closed 179 points higher, at 25,590. However, the DAX futures are in the red just now this morning. That might change over the next hour or so, but as things stand right now, the German benchmark is set for a lower opening today, currently around 25,530
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