The S&P 500 Index ($SPX) (SPY) today is down -0.30%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.14%.
Stock indexes today are mixed, with the Dow Jones Industrials falling to a 1-1/2 week low. The broader market is lower on negative carryover from a slump in European equity markets. The Euro Stoxx 50 tumbled to a 3-1/2 month low today as growing concerns about political turmoil in France have prompted risk-off sentiment in asset markets. European markets are increasingly anxious about European politics after French President Macron announced a snap legislative election following his party’s drubbing in European Parliament elections last Sunday. The broader market remained lower after the University of Michigan US June consumer sentiment index unexpectedly fell to a 7-month low.
