European stocks close lower after Macron calls snap election; French CAC 40 down 1.4%
Publishing timestamp: 2024-06-10 12:30:12
Summary
European stocks fell as traders reacted to initial results from EU vote and French President Emmanuel Macron's shock call for parliamentary elections. French CAC 40 was down 1.4%, with bank shares falling sharply. Macron's gamble could result in significant parliamentary gains for far-right National Rally party, causing concern among investors. US inflation data and Federal Reserve meeting will be closely watched after stronger-than-expected US jobs report.
Sentiment: NEGATIVE
Tickers: .FCHI, .FTSE, EUR=, .FTMIB, EURGBP=, BNP-FR, .GDAXI, .STOXX,
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