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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,  .GDAXI,  CON-DE,  VTY-GB,  HSBA-GB,  .FTSE,  PSN-GB,  .FTMIB,  .FCHI,  EUR=,  .STOXX,  BDEV-GB, 

Keywords: vistry group plc,  world economy,  persimmon plc,  continental ag,  cac 40 index,  london,  keir starmer,  barratt developments p l c,  hsbc holdings plc,  germany,  france,  eur/usd,  world markets,  ftse 100,  stoxx 600,  dax,  economic events,  ftse mib,  breaking news: europe,  taylor wimpey plc,  business news,  government 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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