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France Government Shakeup Caps European Bourses Midday
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France Government Shakeup Caps European Bourses Midday
Sep 9, 2025 5:14 AM

07:45 AM EDT, 09/09/2025 (MT Newswires) -- European bourses unevenly inched higher midday Tuesday as traders weighed political turmoil in France.

French President Emmanuel Macron is seeking his fifth prime minister in less than two years after opposition parties ousted center-right Prime Minister Francois Bayrou over his budget tightening plans.

Investors also eyed Wall Street futures modestly pointing north, and choppy closes overnight on Asian exchanges.

The pan-continental Stoxx Europe 600 Index was up 0.1% mid-session.

The Stoxx Europe 600 Technology Index was up 0.2%, while the Stoxx 600 Banks Index rose 0.1%.

The Stoxx Europe 600 Oil and Gas Index was up 0.4%, but the Stoxx 600 Europe Food and Beverage Index fell 0.3%.

The REITE, a European REIT index, rose 0.7%, while the Stoxx Europe 600 Retail Index was up 0.3%.

On the national market indexes, Germany's DAX was down 0.5%, and the FTSE 100 in London rose 0.3%. The CAC 40 in Paris was up 0.3%, and Spain's IBEX 35 eased 0.3%.

Yields on benchmark 10-year German bonds were higher, near 2.67%.

Front-month North Sea Brent crude-oil futures were up 0.4% at $66.53 a barrel.

The Euro Stoxx 50 volatility index was down 1% to 16.67, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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