European Stocks Shake Off French Politics, Stellantis to Rise
The Stoxx Europe 600 index was up 0.6%. Another significant decliner, German-listed Delivery Hero, was down 11% after the company said its Spanish subsidiary would implement an employment-based model in the country. The far-right National Rally said it is on the verge of withdrawing support for French Prime Minister Michel Barnier’s government unless he gives way on budget demands.