US equities are looking better at the moment but it’s a rough look for Europe to start the new month:
Closing changes:
- Stoxx 600 -1.0%
- German DAX -1.0%
- Francis CAC -1.1%
- UK’s FTSE 100 -1.3%
- Spain’s IBEX -1.2%
- Italy’s FTSE MIB -1.5%
Last week, it looked like the DAX was making a big rejection of the summer lows but now we’re right back on the bottom; that’s not a good sign.