The DAX Futures is trading at 12,458.00 with a loss of -0.73% or -92.00 point. The FTSE 100 Futures is trading at 5,996.00  with a loss of -0.31% percent or -18.50  point. The CAC 40 Futures is trading at 4,897.50 with a loss of -0.34% percent or -16.50 point. The EURO Stoxx 50 Futures trading at 3,246.00  with a loss of -0.12% percent or -4.00 point.


The equity market is not only detached from economic reality, it also appears to be dislocated from the bond and the currency markets as well. These differing views could provide a vital look into what markets think about the outlook for the US economy and its place in the global recovery from coronavirus. 


For the day Germany’s DAX closed at 12,474.41 with a loss of -0.12% percent or –15.05 point. the FTSE 100 closed at 6,068.03 up with +0.30% percent or +18.41  point. France’s CAC  40 closed at 4,904.80 with a loss of –0.33% percent or –16.20 point.


For the day the Dow is trading at 25,706.09 with a loss of -1.39% percent or -361.19 point. The S&P 500 is trading at 3,152.05 with a loss of –0.56% percent or 17.89  point. The Nasdaq Composite is trading at 10,547.75 up with +0.53% percent or +55.25 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 22,290.81 with a loss of –1.06% percent or –238.48 point. Hong Kong’s Hang Seng is trading at 25,727.41 with a loss of –1.84% percent or –482.75  point. China’s Shanghai  Composite is trading at 3,383.32 with a loss of –1.95% percent or –67.27  point. India’s BSE Sensex is trading at 36,641.76 with a loss of -0.26% percent or –95.93 point at 12:15 PM.