Investors Keep an Eye on Political Developments in the U.K.

Investors eye political developments in the U.K., where the fragile government of Theresa May faces crucial weeks of tests that could result in a second election later this fall, and test the market's resilience to a troubling pullback in tech stocks Friday in the United States.

Britain's FTSE 100 slipped at the open, according to financial bookmakers IG, with similar declines forecast for most major indices around the region. Markets in France, however, will likely buck the trend as investors take confidence in a resounding win for President Emmanuel Macron's Republic on the Move party in the first round of the country's parliamentary elections.

This article was written by a staff member of TheStreet.