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European stocks suffer US rotation now- DAX falling on its face

Earlier today the European stock markets were tracking the US futures higher. That saw the DAX rise to a session high at 19,563. The FTSE 100 managed to nose its way above the 8,300 handle and the CAC 40 reached a session high at 7,572. Well, all three are lower now and markedly so. In terms of points handed back from the highs, the DAX is the standout loser right now. The index is tracking back towards 19,250 and in danger handing all its gains back, remembering the index reopened this morning at 19,360 after setting close yesterday at 19,256. What is clear right now, is that European investors have rotated out of the markets here and seemingly pushed money to work stateside. It cannot be anything else really can it? The DAX is right now trading in the red, currently at around 19,252

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