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Europe markets close mixed, French stocks volatile after left-wing's surprise election win - TL;DR CNBC

Europe markets close mixed, French stocks volatile after left-wing's surprise election win

Publishing timestamp: 2024-07-08 11:50:05


Summary

French stocks closed lower on Monday after left-wing party's surprise win in parliamentary election. Markets reacted cautiously to the possibility of a hung parliament. In the UK, the newly appointed chancellor of exchequer promised to focus on housing and planning reforms. Soft drinks maker Britvic agreed to a takeover bid from Carlsberg. Asian stocks were mixed and US futures ticked lower as investors awaited inflation data.


Sentiment: NEUTRAL

Tickers: TW.-GB.GDAXICON-DEVTY-GBHSBA-GB.FTSEPSN-GB.FTMIB.FCHIEUR=.STOXXBDEV-GB

Keywords: vistry group plcworld economypersimmon plccontinental agcac 40 indexlondonkeir starmerbarratt developments p l chsbc holdings plcgermanyfranceeur/usdworld marketsftse 100stoxx 600daxeconomic eventsftse mibbreaking news: europetaylor wimpey plcbusiness newsgovernment and politics

Source: https://www.cnbc.com/2024/07/08/european-stocks-seen-slipping-as-traders-digest-french-election-result.html


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