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Rotation goes back in favour of the US as FTSE 100 and DAX slip
Adding more colour to the previous update, noting the higher opening today for the US stock markets and the Nasdaq 100, stocks here in Europe are right now heading in the opposite direction. Both the FTSE 100 and the DAX are now lower. The DAX is drifting back to where it reopened, at 17,936 and the FTSE 100 is struggling to hold any gains at all. Now of course this might all change, but right now it seems there is rotation out of Europe and back into AI and the US tech sector, at the expense of the major European stock markets. The DAX is just now trading at 17,946
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