FTSE 100 Opens Down 0.2% as Frankfurt Takes a Much Harder Hit
As seen on the 24/7 Wall St. homepage on October 23, 2026.
- 🇬🇧 FTSE 100-0.23%
- 🇩🇪 DAX-0.81%
- 🇫🇷 CAC 40-0.26%
London is taking the softest hit in Europe this morning, down 0.23% while Frankfurt sheds 0.81%. Germany's industrial names are doing the heavy lifting on the downside, and that gap is where the day's money gets made.
Continue ReadingShow less
The FTSE 100 slipped 33 points to 14,341 at the open on October 23, a contained move next to Frankfurt's DAX, which opened down 0.81%.
Germany's industrial-heavy index is absorbing the brunt of whatever is pushing European equities lower, and that gap translates into meaningful relative performance for investors with exposure spread across both markets.
Today's open at 14,341 is a modest step down from yesterday's close of 14,374, keeping the index well within the range it has carved out over the past several sessions.
For investors with European equity positions, the spread between London and Frankfurt at the open is where the day's opportunity sits. The FTSE's heavier weighting toward commodity and financial names relative to German industrials can sustain that gap as the session develops.