Business · Markets · 2 hrs ago

European shares fall as protests weigh on French stocks

European shares fall as protests weigh on French stocks

European shares fell on Monday, with France and Italy among the weakest markets.

In France, the CAC 40 dropped about 1.3% after weekend protests over living costs and poor school conditions turned violent in some places.

More than 2,000 people were arrested across France, and President Emmanuel Macron condemned the violence.

Stocks also declined in Britain and Germany, while European shares were pressured across financial and industrial companies.

Investors are watching a busy week of company earnings, including results from Meta, Netflix, Tesla and other major US firms.

Oil prices moved unevenly in market updates, with one report linking an earlier fall to President Donald Trump's waiver of sanctions on Russian energy; investors will continue to watch market moves and earnings this week.

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Thomas MathewsCapital Economics Head of Markets for Asia Pacific
We’ve been arguing for a while that volatility in tech stocks would pick up as the AI bubble continued to inflate: sharp and short-lived sell-offs were common as the ‘dotcom’ bubble inflated, for example, even as the market ultimately made very large gains on net
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