Friday started in decent moods after strong earnings from US tech stocks but ends in an uncontrolled panic, especially in Europe where stocks tank between 2 and 2.5%. Investors are faced with virus uncertainty and the data released today (GDP contraction in France and Italy, Chicago PMI lowest in 4 years) shows that the economy has been struggling even before the virus impact. DE30 sees the worst sell-off since early December and is just a notch above the key support zone of 12900 points. We warned few days ago that a false break-out looked similar to the one from July and this is the scenario that seems to be unfolding now.

Three Markets to Watch Next Week (30.01.2026)
Market wrap: European indices outperform US stocks ahead of the opening bell on Wall Street 📉
Daily summary: Wall Street and precious metals try to rebound 📈Microsoft down 12%
US Open🚨US100 slides almost 2% amid 11% Microsoft shares crash📉