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Politics : Politics for Pros- moderated

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To: steve harris who wrote (486003)	5/6/2012 9:32:52 PM
From: FJB	Read Replies (2) of 793867

Euro Drops to 3-Month Low on French Vote; Stocks Retreat By Lynn Thomasson and Rita Nazareth - May 6, 2012 7:54 PM CT The euro fell to the lowest level in three months and Asian stocks slid the most since December after French Socialist Francois Hollande was elected President and U.S. employers added fewer jobs than forecast. Commodities declined. The euro lost 0.8 percent to $1.2977 at 9:24 a.m. in Tokyo. The MSCI Asia Pacific Index (MXAP) sank 1.5 percent and Standard & Poor’s 500 Index futures retreated 0.9 percent. The yen rose against most of its major peers, while the Australian dollar depreciated 0.6 percent versus the U.S. currency. Oil fell as much as 3.2 percent to $95.34 a barrel, the lowest level since Dec. 20 in New York...

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