European markets slip as investors digest results from EU elections

seekingalpha06-10

The first Wall Street Breakfast edition of 2024 was called the Year Of The Election, and things are rapidly changing across the globe as investors edge closer to the middle of the year. Some recent ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2442845122?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1094114390/image_1094114390.jpg","is_english":true,"pubTime":"2024-06-10 18:06","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2442845122","market":"fut","top_or_hot":-1,"title":"European markets slip as investors digest results from EU elections","media":"seekingalpha","content":"<div>\n<p>The first Wall Street Breakfast edition of 2024 was called the Year Of The Election, and things are rapidly changing across the globe as investors edge closer to the middle of the year. Some recent ...</p>\n\n<a href=\"https://seekingalpha.com/news/4114385-european-markets-slip-as-investors-digest-results-from-eu-elections\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>European markets slip as investors digest results from EU elections</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEuropean markets slip as investors digest results from EU elections\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-10 18:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4114385-european-markets-slip-as-investors-digest-results-from-eu-elections><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The first Wall Street Breakfast edition of 2024 was called the Year Of The Election, and things are rapidly changing across the globe as investors edge closer to the middle of the year. Some recent ...</p>\n\n<a href=\"https://seekingalpha.com/news/4114385-european-markets-slip-as-investors-digest-results-from-eu-elections\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IEUS","symbol_name":"iShares MSCI Europe Small-Cap","start_time":0,"source_url":"https://seekingalpha.com/news/4114385-european-markets-slip-as-investors-digest-results-from-eu-elections","article_id":"2442845122","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1094114390/image_1094114390.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2442845122","pubTimestamp":1718014001,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Immediately after the election, French President Emmanuel Macron called a snap parliamentary election, while Belgian Prime Minister De Croo resigned following a heavy loss . At the EU level, centrist parties like the EPP, S&D and Renew Europe will still have the majority of seats in the European Parliament, so the current coalition will likely continue, but priorities could change due to growing influences elsewhere. Energy and agricultural policies have already come under pressure amid a cost-of-living crisis and weak economic growth, national defense spending will be notable due to migration fears and border security, while industrial policy is also in focus due to rising competitive measures in the United States and China. Wall Street Breakfast survey: The U.S. election is only five months away and will have profound impacts on many parts of the economy and the markets. Who do you think will win in November?Take the poll and share how it might impact markets in the comments section.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IEUS":"iShares MSCI Europe Small-Cap","ERO":"Ero Copper Corp","BK4156":"煤与消费用燃料","BK4015":"铜","EEA":"European Equity Fund"},"translate_title":"投资者消化欧盟选举结果，欧洲市场下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EEA":1,"ERO":1,"IEUS":1},"content_text":"The first Wall Street Breakfast edition of 2024 was called the Year Of The Election, and things are rapidly changing across the globe as investors edge closer to the middle of the year. Some recent political shake-ups have been seen in India, South Africa and Mexico, while things are starting to shift in Europe as well. U.K. Prime Minister Rishi Sunak has called a general election for July 4, while results are still being digested from the European Parliament elections over the weekend. How it works: European parties are basically big tent movements, with national parties from the 27 EU member states teaming up to form seven major European political groups with representation based on population. It's a big deal as the 720 lawmakers in the European Parliament approve the union's budget, negotiate EU laws, and approve the President of the European Commission in a vote that will take place on July 8 (after all, it is the year of the election). The remaining 27 commissioners are chosen by their respective countries under the European Council, which sets the bloc's political agenda, and will be approved by yet another vote in parliament on Dec. 19. The biggest gainers from the last election were the EPP, which will be the largest party in the parliament with a projected 189 seats, as well as the Identity and Democracy group, which are known for their nationalism and euroskepticism (and would've seen even bigger gains if Germany's AfD wasn't kicked out of the party several weeks ago). The biggest losers were the Greens, which champion environmental and climate protections, as well as Renew Europe, which is known for its pro-European and liberal stance. Looking at things on the political spectrum, the EU as a whole shifted more to the center-right, conservatives, and even the far-right, which can bring a major shift to the bloc. Already happening? Immediately after the election, French President Emmanuel Macron called a snap parliamentary election, while Belgian Prime Minister De Croo resigned following a heavy loss (there were also big gains for the right in Germany and Austria). At the EU level, centrist parties like the EPP, S&D and Renew Europe will still have the majority of seats in the European Parliament, so the current coalition will likely continue, but priorities could change due to growing influences elsewhere. Energy and agricultural policies have already come under pressure amid a cost-of-living crisis and weak economic growth, national defense spending will be notable due to migration fears and border security, while industrial policy is also in focus due to rising competitive measures in the United States and China. Wall Street Breakfast survey: The U.S. election is only five months away and will have profound impacts on many parts of the economy and the markets. Who do you think will win in November? Take the poll and share how it might impact markets in the comments section. European indices: CAC 40 -2.2%; DAX -1%; FTSE MIB -1%; BEL 20 -1.1%; Euro Stoxx 50 -1.5%. Related ETFs: NYSEARCA:FXE, NYSEARCA:VGK, NYSEARCA:EUO, NYSEARCA:HEDJ, NYSEARCA:FEZ, BATS:EZU, NYSEARCA:IEV, NYSE:ERO, NYSEARCA:EPV, NYSEARCA:IEUR, NYSEARCA:EURL, NYSEARCA:ULE, NYSEARCA:DBEU, NYSEARCA:HEZU, NYSE:EEA, NYSEARCA:SPEU, DBEU, NASDAQ:IEUS, BATS:BBEU, IEUR, NYSEARCA:DFE, FEZ, HEDJ, NASDAQ:FEP, NYSEARCA:FDD, HEZU, EZU, IEV, BATS:EUDV, NYSEARCA:DBEF, IEUR, NYSEARCA:EWU, IEV More on Europe  ECB cuts key interest rates by 25 bps even as outlook on inflation revised up Eurozone Q1 GDP expands 0.3%, in line with forecasts BlackRock says look for euro pressure from dollar as ECB launches atypical rate-cut cycle FEZ: Solid European Offering, Vulnerable To ECB Movements Euro Area May manufacturing PMI rises to 47.30 points, slightly below estimate","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2442845122"}