- Eurostoxx -1.5%
- Germany DAX -2.0%
- France CAC 40 -1.2%
- UK FTSE -1.4%
- Spain IBEX -0.6%
- Italy FTSE MIB -2.0%
This comes after the selloff in the US yesterday and domestically, the French political situation continues to look rather messy. The latest update there is that the EU is considering to withhold funds from countries that "don't fix their pension systems". Yikes. Meanwhile, US futures are also facing a heavy drag as the selloff from yesterday continues. S&P 500 futures are down 1.0% and threatens to erase the weekly advance after the Monday recovery. It's looking rough out there.
