Reported 12 months ago
Global stocks edged higher after the first round of voting in France's historic elections, with U.S. Treasury yields also rising. The French far-right party took a smaller lead than expected, potentially leading to a hung parliament. European stocks ended up, and the euro gained following the vote. Investors are now looking forward to key economic data releases and Federal Reserve statements later in the week, while Wall Street saw gains in tech, consumer discretionary, and financial sectors. Oil prices rose, and the dollar surged to a 38-year peak against the yen.
Source: YAHOO