By ELAINE KURTENBACH
AP Business Writer
BANGKOK (AP) โ Stocks opened mixed in Europe on Monday as markets recovered from losses after recent electoral setbacks throughout the region.
In France, where victories by far-right parties have increased pressure on President Emmanuel Macron, the CAC 40 rose 0.2% to 7,516.49.
Germany's DAX rose 0.1% to 18,049.00 and London's FTSE 100 fell 0.1% to 8,141.68.
Last week, France's CAC 40 lost 6.2%, its worst drop in more than two years. Germany's DAX lost 1.4%.
European Union The leaders met for a summit dinner to evaluate the results of the European elections and weigh candidates for the bloc's top jobs.
In the elections of June 6 to 9, the European Parliament turned to the right. Voters dealt heavy blows to ruling parties in heavyweight countries like France and Germany, and investors worry that could weaken the European Union, cripple tax plans and ultimately hurt France's ability to pay. your debt.
The recent elections have also shaken the markets in Mexico, India and in other places.
In Asian trading, stocks mostly fell after Porcelain It left a key interest rate unchanged and reported that its factory output slowed in May, with the housing market still deeply stagnant.
Tokyo's Nikkei 225 index lost 1.8% to 38,102.44 and in Seoul, the Kospi fell 0.5% to 2,744.10. Australia's S&P/ASX 200 shed 0.3% to 7,700.30.
Hong Kong's Hang Seng closed flat at 17,936.12, while the Shanghai Composite Index lost 0.6% to 3,015.89.
Factory output fell 5.6% in China in May, the government reported, below analysts' forecasts and slowing from 6.7% the previous month. Retail sales rose just 4.1% in the first five months of the year.
Overshadowing those lackluster numbers, real estate investments fell 10% in May from a year earlier, while home prices in major cities fell 3.2%.
Property sales fell 30.5% year-on-year, in further proof that a series of measures to try to reverse a situation real estate downturn They have not yet taken hold.
Most Southeast Asian markets were closed for holidays, while Thailand's SET lost 1.8% ahead of several key court decisions scheduled for Tuesday in cases against the ruling party or its allies.
Early Monday, the S&P 500 future was down 0.1%, while the Dow Jones Industrial Average future was down 0.2%.
On Friday, US stocks held at record levels, with the S&P 500 and Dow down 0.1%. The Nasdaq composite added 0.1% to its record set the previous day thanks to gains in technology stocks, closing at 17,688.88.
U.S. stocks have set records as hopes rise that inflation is slowing enough to convince the Federal Reserve to cut interest rates later this year. Meanwhile, big tech stocks continue to advance almost regardless of what the economy and interest rates are doing.
In other trading on Monday, benchmark U.S. crude oil lost 8 cents to $77.97 a barrel in electronic trading on the New York Mercantile Exchange.
Brent crude, the international standard, fell 6 cents to $82.56 a barrel.
The US dollar rose to 157.68 Japanese yen from 157.39 yen. The euro rose to $1.0713 from $1.0705.
