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Global markets: Europe stocks fall on French post-election uncertainty

Source link : https://love-europe.com/2024/07/08/news/global-markets-europe-stocks-fall-on-french-post-election-uncertainty/

Europe’s stock markets slid in opening deals on Monday after snap French elections in which a hung parliament appeared the likeliest outcome.

People gather during an election night event following the first results of the second round of France’s legislative election at Republique Square in Paris.(AFP) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}}

In the eurozone, the Paris CAC 40 benchmark stocks index sank 0.4 percent and Frankfurt’s DAX shed 0.1 percent, while London’s FTSE 100 index was down 0.3 percent in value.

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This comes as a broad left-wing coalition was leading a tight French legislative election, ahead of both President’s centrists and the far right with no group winning an absolute majority, projections showed.

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Source link : https://www.hindustantimes.com/business/global-markets-europe-stocks-fall-on-french-post-election-uncertainty-101720422822472-amp.html

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Publish date : 2024-07-08 07:15:07

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Author : love-europe

Publish date : 2024-07-08 07:45:48

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