By Alden Bentley, Harry Robertson and Wayne Cole NEW YORK/LONDON/SYDNEY (Reuters) -Wall Street stumbled early on Monday after attempting to recover from last week's late slump and Treasury yields likewise dipped,

Germany faces its second change of leader in less than four years after the head of the center-right opposition won Sunday’s election.

Merz expressed concern over changing relations with Washington under the Trump administration, emphasizing the need for gradual independence from the U.S.

Germany's conservative CDU/CSU bloc won most votes in Sunday's national election and could form a government with the Social Democrats (SPD), allaying market fears that Europe's top economy can only be ruled by another three-way coalition.

He has vowed to prioritize European unity and the continent’s security as it grapples with the new Trump administration and Russia’s war on Ukraine.