
CAC 40 Tumbles Amidst Political Uncertainty
French stocks tumbled on Monday after French President Emmanuel Macron unexpectedly announced a snap legislative election. Macron\'s decision comes after far-right Eurosceptic nationalists made gains in European Parliament elections. The benchmark CAC 40 was down 137 points, or 1.7 percent, at 7,864 after falling half a percent on Friday. Banks led losses, with BNP Paribas,...