French stocks and bonds have come under pressure after a week of street riots and protests, with French debt yields hitting fresh 24-year highs and risk spreads versus Germany nearing recent peaks. Tech stocks briefly recovered on Wall Street, but selling resumed in Asia, where South Korea's KOSPI slid again and local data center builder Elice's IPO plunged 30% on debut, refocusing attention on 'neocloud' firms after CoreWeave plummeted last week. Brent crude kept probing five-month highs above $111 per barrel amid Middle East violence, while European natural gas hit four-year highs on the Ukraine conflict. Trump's approval rating fell to a record low of 31% in a Reuters/Ipsos poll ahead of the November 3 midterm elections.
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