LONDON — European stock markets traded in narrow ranges Monday amid a dearth of economic data and as investors gauged the fallout from President Donald Trump's ban on refugees and
KEEPING SCORE: In Europe, France's CAC 40 slipped 0.1
TRUMP WATCH: Trump's early acts as president have been shaping markets for the past couple of weeks. On Friday, Trump directed the treasury secretary to look for potential changes to the Dodd-Frank law, which reshaped financial regulations after the 2008-09 financial crisis. Investors applauded that move but remain uncertain about the future impact of other policies. Over the weekend, the U.S. immigration ban on refugees and
ANALYST TAKE: "The unpredictable nature of Trump makes it very difficult to anticipate what his next moves will be, as evidenced by his actions a week ago on immigration," said Craig Erlam, senior market analyst at OANDA. "This may ensure for now at least that while markets have remained volatile, a more cautious approach will be adopted during the bedding in period."
ASIA'S DAY: Japan's benchmark Nikkei 225 added 0.3
ENERGY: Benchmark U.S. crude added 13 cents to $53.96 a barrel in New York. It added 29 cents to $53.83 a barrel Friday. Brent crude, used to price international oils, added 10 cents to $56.91 a barrel in London.
CURRENCIES: The euro was down 0.5
The Associated Press