Market Update-Europe, apart from Frankfurt, ends in the red with political risk in France

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The main European stock markets, apart from Frankfurt, ended lower on Thursday on a backdrop of risk aversion in the run-up to the French parliamentary elections, while Wall Street was little changed ahead of key indicators and the first debate in the US presidential election.

In Paris, the CAC 40 ended down 1.03% at 7,530.72 points. The British Footsie gave up 0.55%. The German Dax, supported by real estate and industrial stocks, advanced by 0.30%.

The EuroStoxx 50 index was down 0.27%, the FTSEurofirst 300

by 0.44% and the Stoxx 600 by 0.43%.

At the time of closing in Europe, the Dow Jones was up 0.21%, while the Standard & Poor’s 500 nibbled 0.02% and the Nasdaq advanced 0.21%.

Investors await the first debate between Joe Biden and Donald Trump on Thursday night, while on the economic front, the PCE price…

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