(6 May 2017, MarketWatch online)
‘European stocks climbed out of the red and finished at a 21-month high Friday, as buying appetite for assets perceived as risky returned ahead of the French presidential election. The Stoxx Europe 600 index SXXP, +0.65% turned higher during the session, ending up 0.7% at 394.54, its highest since August 2015. The pan-European benchmark logged a 1.9% weekly advance, boosted by well-received earnings reports and hopes that centrist Emmanuel Macron will beat far-right Marine Le Pen in Sunday’s runoff race in France. See: When are the election results due on Sunday?