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Daily Analysis: Stocks Surge to New Highs Following French Elections

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Daily Analysis: Stocks Surge to New Highs Following French Elections

Introduction

This article was posted on Monday, 16:16, UTC.

Monday Market Recap Asset Current Value Daily Change S&P 500 2369 0.95% DAX 12429 3.45% WTI Crude Oil 49.32 -0.63% GOLD 1272.00 -1.33% Bitcoin 1244 -0.15% EUR/USD 1.0863 1.37%   Global stocks are broadly higher after the favorable result of the French elections, as Macron and Le Pen made it to the second round, with the moderate candidate actually beating the far-right Le Pen, hinting on a fairly straightforward run-off in two weeks. European stocks led the way for global markets with the EURO STOXX 50 and the DAX both gaining more than 3%, while the Nikkei and the US…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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