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European stocks slip -check out the FTSE 100 now
Earlier today the European stock markets were on the front foot and that saw a new all time high for the DAX, at 20,522. That record helped to lift both the CAC and the FTSE. The FTSE 100 did seem to ignore another raft of really disappointing UK data- the economy is sliding ever closer into recession it seems and questions were asked here at the time; as to why the FTSE 100 was not lower. Well, it is now and so is the DAX for that matter. Meantime, the US stock markets, bar the Nasdaq 100, are falling back. So, it seems that Broadcom gains are all that stand between that and an across the board move lower in US stocks this afternoon. The FTSE 100 is now falling back to session lows approaching 8,275.
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