London CNN —
French stocks and the euro rallied Monday after results from the first round of elections suggested the far right will inflict a heavy defeat on President Emmanuel Macron but fall short of winning an outright majority in parliament.
France’s CAC 40 index, which represents 40 of the biggest companies listed in Paris, rose 2.7% at the open.
The euro, which tumbled after Macron called the snap election on June 9, touched the strongest level against the dollar in more than two weeks.
Yields on French government bonds, or returns demanded by
→ Continue reading at CNN - Business News
