FTSE 100 falls below 8,700 as DAX comes under further pressure

The US stock futures are not the only equity markets feeling the heat from all that has transpired most recently across the markets. The European stock markets are further into the red now too. The FTSE 100 has just  fallen below 8,700 and the DAX is deeper in the red now today, as it approaches the 23,850 mark. The economic news out of the UK earlier this morning may have been weathered by the Pound (thanks largely to the dollar), but the UK stock markets are not taking it especially well right now and as far as the FTSE 100 is concerned the lower oil price today is not supporting it either