Macron, French Left-Wing Rivals Race to Stop Le Pen Momentum

French President Emmanuel Macron’s centrist alliance and the left-wing New Popular Front are weighing whether to pull candidates from the second round of the legislative election on Sunday to keep the ascendant far right out of power. Marine Le Pen’s National Rally and its allies dominated the first round of voting Sunday, locking up 33.2% of the vote, according to interior ministry figures. The New Popular Front got 28% and Macron’s coalition got 20.8%. Le Pen’s margin of victory was smaller than some polls had indicated. That, together with the news that mainstream parties were exploring ways to lock her group out of power, drove an initial market rally before investor optimism about the outcome began to fade. Read more: https://www.bloomberg.com/news/articles/2024-07-01/macron-and-french-left-wing-rivals-race-to-stop-far-right-rise?srnd=homepage-uk&sref=omvmmwIg -------- Subscribe to our YouTube channel: https://trib.al/KM4k5RA Subscribe to Bloomberg Originals: https://trib.al/dJv9Uw8 Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow