DAX now turns negative

The European stock have now turned lower again since the last update here and the losses in the FTSE 100 and CAC 40 have deepened. The CAC is now below that 7,500 handle and the FTSE 100 is falling towards 8,250. At the same time and perhaps more importantly; the DAX has now handed back all its earlier gains and more. The index is now lower on the day. The US equity futures are now also lower across the board and right now in percentage terms the Nasdaq 100 is leading the downside. The DAX is just now trading at 19,440 after peaking earlier this morning at 19,591