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European stocks come off the boil-check out the DAX now as turns red

The European stock markets have been open for a while now and since the earlier opening gains the major markets have now fallen back. Even the FTSE 100 is off the boil now and the DAX has fallen into the red. Earlier the DAX was pressing higher and reached a session high at 16,789. It is now falling back towards the 16,700 mark, as the US futures turn red too. There is no immediate catalyst for the shift in pricing and it is surely just another intraday swing. The DAX is currently trading at 16,725

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