There weren't any silver linings in today's price action. Stocks in Europe were hit hard, with no one spared.
- UK FTSE 100 -2.5%
- German DAX -3.6%
- French CAC -3.7%
- Italy MIB -3.9%
- Spain IBEX -2.9%
The DAX is now flirting with the October lows and the lows from last May. Another day like today and we'll be talking about 10-month lows.
For US markets, we've seen some interim bottoms lately after Europe closes. However they've all gone bust late in the day, so keep that in mind.
