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🌎EUROPEAN STOCK MARKETS: MIXED RESULTS

🌎EUROPEAN STOCK MARKETS: MIXED RESULTS

Day: 08 | Time: 12:06:02.000Z European stock markets have recorded modest gains after a left-wing alliance secured a majority of seats in the French Parliament, defeating the far-right in a surprising outcome. However, no political faction has obtained the majority necessary to form a government, creating political chaos that has undermined the president's power and shaken the foundations of the second-largest economy in the European Union. Additionally, Germany's exports have decreased for the first time in three months due to weak demand from China and the United States. Investor confidence in the Eurozone has worsened in July. The main European stock indices have recorded modest increases, while some companies like Britvic, Marston's, and French banks have experienced significant fluctuations in stock prices.