- Eurostoxx +1.0%
- Germany DAX +0.3%
- France CAC 40 +1.5%
- UK FTSE +0.1%
- Spain IBEX +0.4%
- Italy FTSE MIB +0.6%
French stocks are leading the charge amid a boost from two fronts today. The first comes as French prime minister, Sebastian Lecornu, won the crucial support of the Socialist Party in the National Assembly after promising to suspend president Macron's unpopular pension reform. And that now significantly increases the odds of his government surviving the two upcoming no-confidence votes Thursday. The second is luxury stocks surging higher after LVMH earnings beat estimates as the firm returns to growth.
Adding to the gains in Europe today is the better market mood as risk appetite picks up again. S&P 500 futures are up 0.4% and that's keeping broader sentiment more upbeat to start the session.
