ERO - French stocks euro stumble after Macron victory in France

In a replay of the 2017 election, France's Emmanuel Macron has defeated candidate Marine Le Pen in the second round of a runoff vote, marking the first time the country has re-elected a president in two decades. Official results showed En Marche's Macron garnering 58.5% of the ballot compared to the 42% of Le Pen, marking a decisive, but smaller victory than the 32 percentage point win seen during the same contest five years ago. "An answer must be found to the anger and disagreements that led many of our compatriots to vote for the extreme right," Macron declared during a victory speech at the Eiffel Tower. "The task is to reunite. It will be my responsibility and that of those around me." Market angle: The euro opened up 0.5% against the dollar following the Macron win, but quickly turned 0.8% lower to 1.0707. Stock markets are also not doing to well, with France's

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French stocks, euro stumble after Macron victory in France