June 14, 2024

NEGATIVE SENTIMENT FROM FRANCE IMPACTING U.S. STOCKS – WILL AI COME TO THE RESCUE?

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

AI To The Rescue?

Please click here for a chart of France ETF (EWQ).

Note the following:

  • In the early trade, the sentiment in the U.S. stock market is being dampened by the drop in the French market.
  • On June 10, we alerted you in the Morning Capsule,

In France, President Emmanuel Macron dissolved parliament and called a snap election.  Marine Le Pen’s far right National Rally won 36.8% of the vote compared to Macron’s party winning 14.6% of the vote.

  • The chart shows the initial drop in the French market on the news of the defeat of Macron’s party.
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