European stocks now turn into the red- check out the DAX again

Earlier this morning the European stock markets pushed higher in the first hour of trading. That rise was covered in an update here at the time. well, since then they have turned lower once more and the DAX is now back in the red and falling closer to the 19k handle once more. The FTSE 100, which never really got going, is lower too and once more seemingly at risk of testing the 8k level. These moves come as the US equity futures fall back a bit more and the dollar steadies with yields  no lower than earlier, in fact slightly higher. The scene might change again when the US CPI data drops across the screens, but as suspected here earlier, it looks like sellers have once again used the rally to off-load some more of the DAX. The index reached a session high earlier at 19,125. It is currently trading at around 19,030