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Global Financial News: Investors React to Diminishing Risk of a French Exit from the EU

French election result boosts European stocks

Here is your round-up of he financial news from around the world:

1. French stocks surged more than 200 points at the start of trading Monday, the most in nearly two years, while equities around Europe posted significant early gains after the first round of the country's presidential elections put centrist Emmanuel Macron in the driver's seat to enter the Elysee Palace.

2. European banks posted significant early gains Monday amid a surge in regional benchmarks as investors reacted to Sunday's presidential elections in France.

3. Germany's DAX index jumped 2.3% in the opening minutes of trading, on track for its biggest gain since August, as investors reacted to the diminishing risk of a French exit from the European Union.

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4. Toshiba (TOSYY)  shares gained in Tokyo Monday after the group said it will split itself into four wholly-owned subsidiaries in a bid to maintain special construction business licenses with the Japanese government.


French Stocks Surge, European Equities Rally Firmly After Macron Election Win

European Bank Shares Lead Gains as Sector Nears 52-Week High

Toshiba To Divide Into Four Wholly Owned Subsidiaries

This article was written by a staff member of TheStreet.