Photo: flickr user: smitty42
And things are coming off the rails again market-wise, the morning after that huge 512-point drop on the Dow.Dow futures are off another 95 points pre-market.
Most indices are off around 1%.
Just now German industrial production for June came in with a big 1.1% decline vs. expectations of growth for 0.1%.
The weakness in the European periphery is infecting the core, as you would expect given the export-reliance of the German economy.
Meanwhile, Italy is having a very volatile day, having started off by dropping 3%, but coming back strongly closer to flat.