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Italy is off 3.2%.
France is off 1.75%.
Germany is off 1.9%.
US futures are down as well.
Of course, in addition to the big result for Marine Le-Pen in the French election, you also had the government collapse in the Netherlands, thanks to the protest of right-wing politician Geert Wilders.
It was a down night in Asia, as
well. China fell 0.76% after another sub-50 Flash PMI
report. Japan and Korea registered tiny losses.
Also not helping this morning: Ugly Flash PMI
data for the Eurozone and confirmation from the Bank of Spain that Spain
has indeed re-entered recession.
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