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iShare MSCI Eurozone ETF of ISHARES INC.
As of May 30, 2026 at 09:50 UTC
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About iShare MSCI Eurozone ETF of ISHARES INC.
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5 articlesEuropean financial markets reacted positively to the results of the first round of the French legislative elections, alleviating concerns about unchecked government spending in Paris. Additionally, lower-than-expected inflation in Germany fueled optimism about continued interest-rate cuts by the European Central Bank, boosting risk sentiment. What Happened: The far-right National Rally party, led by Marine Le Pen and Jordan Bardella, won the first round of the snap parliamentary election with 33% of the vote. Read Now: Trump Campaign Signals Intent To Withdraw US From Paris Climate Accord Again While significant, this result was less than some polls had anticipated and did not secure an absolute majority in the first round. The New Popular Front, an alliance of left-wing parties, came in second with 28%. President Emmanuel Macron's centrist coalition placed third with 20%. This result is seen as a blow to Macron, who has been in office since 2017. He dissolved the French Parliament on June 9 following the European parliamentary elections. The second round is ...Full story available on Benzinga.com
The French stock market is on track to register its worst weekly performance since late February 2022. Following the announcement of snap elections last Sunday, the Paris CAC 40 index — as tracked by the iShares MSCI France Index Fund (NYSE:EWQ) — fell by 2.4% at 8:10 a.m. ET, heading into the final hours of the European session. On a weekly basis, the decline extends to 6%, marking the worst performance since late February 2022, when Russia’s invasion of Ukraine triggered a drop of over 10% for the CAC 40. Chart: France Equities Tumble The Most Since Russian Invasion Of Ukraine Risks Of Broader Contagion The main declines this week are among banking stocks, hit by the wave of sell-offs due to political uncertainties. France’s ...Full story available on Benzinga.com
European financial markets are under pressure as investors react to the results of the European Parliament elections held over the weekend. The elections, which determined the 720 members of the block’s parliament, have led to notable shifts in political power across several key countries. What Happened: A market-friendly coalition composed of the center-right European People's Party (EPP), the center-left Socialists and Democrats (S&D), and the liberal Renew group retain the majority of seats. But far-right parties made substantial gains. In both France and Germany, far-right parties emerged as significant contenders, securing first and second preferences among voters, respectively. In France, Marine Le Pen‘s far-right National Rally party garnered 31.4% of the votes, more than doubling the results of President Macron’s centrist alliance. In a surprising move, President Emmanuel Macron called for snap elections on Sunday night. These elections, set for June 30 and July 7, come just before France hosts the Olympic ...Full story available on Benzinga.com