Investors Shrug Off Shock U.K. Election Result

Investors Shrug Off Shock U.K. Election Result
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Here is your round-up of the financial news from around the world:

1. European stocks, however, are likely to trade higher in the session as the electoral turmoil, which could cost Prime Minister Theresa May her job, appears to be isolated to certain currency pairs and U.K. equities.

2. The pound remains pinned to seven-week lows, following a shock general election that failed to earn a majority for the ruling Conservative Party.

3. U.K. Prime Minister Theresa May's future as Britain's top politician was in doubt Friday after polls suggest her decision to call a snap election has narrowed the already-slim majority for her ruling Conservative party.

This article was written by a staff member of TheStreet.