French election fears ease, European stocks open sharply higher
2024-07-01 07:00:26
On July 1st, European stocks opened sharply higher. France's CAC 40 index rose 2.6%, Germany's DAX index rose 1%, the European Stoxx 50 index rose 1.6%, and the British FTSE 100 index rose 0.59%. Data show that the lead of the French far-right party "National League" is not as large as the pre-election polls show.
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