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DAX futures rise as SAP beats
The DAX closed 1% lower yesterday as all the major European stock markets ended the day in the red. The DAX closed 196 points lower, at 19,461. However, despite losses across the US futures this morning, the DAX futures are rebounding right now and the reason for that has seemingly come from a better than expected set of Q3 results from the German software company giant, SAP. Their shares are now leading the gains across the DAX futures and the index is currently pricing a higher opening, right now above 19,560. The gains in the DAX futures are helping to lift the CAC 40 too, but not so yet the FTSE 100. There will be more to add on that in the very next update.
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