European Stocks Waver on China Covid Spread, French Uncertainty


Source: sportsgrindentertainment.com sportsgrindentertainment.com

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(Bloomberg) — European equities started the week on a negative note as investors weighed an array of risks from China’s Covid-19 flare up to an uncomfortably tight race for the French presidency, surging bond yields and the war in Ukraine. Most Read from Bloomberg The Stoxx 600 Europe Index fell 0.2% as of 8:52 a.m. in London, tracking Asian stocks lower. Technology stocks were the biggest drag on the gauge, while banks outperformed on rising bond yields. The benchmark’s losses were cushioned by gains in French equities after the first round of the country’s election gave incumbent President Emmanuel Macron...