cac px: How did markets perform The Stoxx Europe 600 SXXP, 0.24% was marginally down on Tuesday at 372.60, after finishing up 0.8% on Monday, according to Market Watch. After an initial gain, sterling fell midmorning on news that might reduce U.K. Prime Minister Theresa May's chances in a key Brexit vote due today. The FTSE 100 was initially under pressure, after the pound maintained its recent optimistic rally, but evened out later after the pound fell. That in turn eased early pressure on the FTSE 100 UKX, -0.04% which traded largely flat at 7,136.71, after finishing up 0.3% the previous day. Meanwhile, Germany's DAX DAX, 0.79% declined by 0.3% to 11,511.89 and France's CAC 40 PX1, 0.27% also declined by 0.3% to 5,251.44. The U.K. market can move inversely to sterling, because a strong pound hurts big U.K. firms that make most of their earnings in foreign currency.
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