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European stocks set to open lower this morning- CAC 40 leads the way
The European stock markets are about to reopen any minute and it is going to be a lower start to the day. The DAX and CAC futures are in the red ahead of that opening and defying the record gains on Wall Street last night and the new records in Japan earlier today. The reason for that was noted here earlier this morning and it looks like the CAC 40 is going to lead the European markets again today. The rebound in the CAC 40 yesterday blew out by the close and the index ended the day as the worst performing major European index. The CAC closed 0.63% lower, at 7,627 and it is right now poised to reopen below 7,600 this morning
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