Local Government in France
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FRANCE, 2017/04/25
A trader works Monday on the floor of the New York Stock Exchange amid a rally triggered by growing optimism that a probusiness candidate will win France’s presidential runoff.
NEW YORK — U.S. stocks joined a worldwide surge higher Monday next the initial round of France’s presidential election raised expectations that the European Union will hold together. A candidate seen as pro-business won the majority votes Sunday, and a lot of investors expect him to win a runoff against the remaining anti-EU candidate, which is set for May 7.
Prices for gold, Treasurys and other investments that signal fear in the market all sank, while a popular gauge for measuring investor fear eased by the biggest margin since the summer of 2011.
