France Braces For Financial Hit After Paris Attacks
Analysts expect French stocks to drop when markets open Monday because past attacks in Tunisia, Spain and the U.K. contributed to financial declines.By Ryan Biek | November 15, 2015
As France recovers from the physical and emotional toll of Friday's terrorist attacks, people and companies across the world are getting ready for financial markets to take a hit.
Analysts are predicting the market drop to be a small and recoverable one though, partly because the attacks began late Friday evening after trading floors closed. Investors had the entire weekend to get information.
Although, many analysts are worrying more about French stocks in the tourism industry, which represent more than 7 percent of the nation's GDP. That market is expected to take the biggest blow.