DAX leads the way as European stocks slide into the weekly close

The European stock markets are just now falling to set fresh session lows as the weekly close approaches in less than 30 minutes. In percentage terms it is the DAX that is leading the way lower and in relative terms it the FTSE 100 that is holding up best of all. That is still lower of course. The CAC 40 looks like heading for a weekly close to, or perhaps even below 7,250. That further fall continues to endorse all that has been said about the outlook for that index ever since the outcome of the French election- just sell rallies folks (you were warned). Meantime, the DAX is cascading towards 17,600 now and whatever happens, it is surely going to be an ugly end to the week for the German stock market