European markets hit by election turmoil ...News

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European markets hit by election turmoil
The French CAC 40 stock index dropped to its lowest level since February, dragging down indices across the continent European stocks slid on Monday as traders reacted to initial results from the EU Parliament elections and the surprise decision by French President Emmanuel Macron to call a snap election. The EU parliamentary elections concluded on Sunday after four days of voting. Exit polls have indicated a shift towards support for far-right and conservative parties – including Macron’s centrist Renaissance alliance being trounced by Marine Le Pen’s far-right National Rally group. On Monday, France’s CAC 40 stoc

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