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.

Market Wrap: A 4% surge in oil prices weighs on indices (08.10.2026)
Chart of the Day 📉 DE40 Falls 0.7% and Tests Key Support Amid Weak European Market Sentiment (October 8, 2026)
Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%
US Open: Wall Street in the Red 🚩 Nasdaq Falls 1% From Record Highs, Constellation Brands Back at March 2020 Level