European stocks are mixed as Brexit worries resurface
On Friday, European stocks were mixed, as market sentiment was still supported following Donald Trump’s electoral win, though Brexit worries seemed to resurface.
During European morning trade, the EURO STOXX 50 tacked on 0.06%, French CAC 40 lost 0.01%, while German DAX 30 ascended 0.30%.
Market sentiment strengthened as traders started thinking that a Trump presidency might not be as bad for financial markets as previous expected.
Investors were especially hoping to see Trump's policies spur spending as well as inflation in America.
On Wednesday, Donald Trump was declared the 45th American President, thus ruining expectations for a Democratic win.
However, financial markets were quite jittery after a number of UK lawmakers told that they are prepared to vote against Brexit talks after UK judges ruled that the government required parliamentary approval to get down to its departure process from the European Union.
In London, FTSE 100 sank 0.41%, weighed by steep losses in the mining sector.