Yesterday the markets shocked everyone by rallying in the wake of this past weekend’s European elections tumult.
Today: Things are going sharply lower.
Italy is down 1.5%.
France is down 1.4%.
Germany is down 0.3%.
US futures are off about 0.4%.
Yields are a tad higher across the board in Europe, as well.
In Asia, markets didn’t do much special, with Japan rallying 0.7%, and Shanghai ending just down a hair.
- Opinion: No need to panic (cnn.com)