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European stocks set for a lower opening this morning-check out the DAX futures right now

Yesterday the DAX hit a new all time record high, rising above the previous record at 19,633. The DAX set a new record at 19,674 before turning lower into the close. The index nevertheless posted a new closing record, at 19,583. However, the futures area little lower this morning, as is the case for the FTSE 100 and the CAC 40 right now as well. Perhaps another, rather tepid close for the Nasdaq 100 and a surprisingly lower close on the S+P 500 have led the way? Whatever the reason, the outlook for the European opening is not so positive right now. The DAX futures are just now indicating that opening at around 19,550
 

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