Stock index futures and the euro reflexively open lower following the French elections. One...

|By:, SA News Editor

Stock index futures and the euro reflexively open lower following the French elections. One school of thought on Europe says the EU periphery isn't being punished because markets don't believe the austerity promises, but because they do believe the austerity promises. To the extent Hollande may lean against such policies, perhaps the situation will improve. S&P -0.2%, CAC 40 -0.3%, euro -0.2%.