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European stocks take another hit as DAX takes out 15,400
The European stock markets are falling further into the red again. The FTSE 100 is now dropping close 7,600 and the DAX has just this minute hit a fresh session low underneath 15,400. The moves lower come as the US futures take a hit lower too. Once again, there is no fresh news to hold account for the further losses and as noted here earlier, this looks to be all part and parcel of higher US and European yields continuing to weigh on equity markets. Perhaps more especially, this is forcing yet more liquidations ahead of the quarter end and perhaps more forced in that sense, rather than voluntary. The DAX is just now trading at 15,395
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