European Markets Update
US markets are struggling today, but with another 90 minutes in the trading day, the losses are nothing like the selloff in Europe. Below is a table of today's performance for the major European indexes followed by a six-pack of the indexes I've tracked most closely in recent months.
Greece's Athens General Index is not included in the table. It actually rose 1.59% today. But if you click on the Greece chart in the six-pack, you'll see that the index is over 88% off its 2007 peak -- and that includes a gain of 30.6% off its interim low (-91.07%) on June 5th. How can that be? Check out the break-even curve.
Click on any of the charts below for a larger image.
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And here is a composite look at Europe, courtesy of the Euro STOXX 50 Index.
