European stocks mixed; French political crisis, U.S. inflation in focus
European equities traded narrowly on Tuesday as investors weighed political turmoil in France against anticipation of key U.S. inflation data later this week.
At 03:05 ET (07:05 GMT), Germany’s DAX slipped 0.1%, while France’s CAC 40 rose 0.2% and London’s FTSE 100 added 0.1%.
French political instability deepens
Prime Minister François Bayrou’s minority government collapsed Monday after losing a confidence vote, with lawmakers voting 364-194 to oust him.
Bayrou’s failure to secure backing for his 2026 budget plans—aimed at cutting France’s ballooning deficit—left President Emmanuel Macron searching for his fifth prime minister in under two years. Analysts expect Macron to name another centrist ally, but a durable political…
