European stocks set to dip after Democrats' US midterm win

boursorama.com (French) —

European stock markets are expected to open lower Wednesday after Democrats appeared poised to win majorities in both chambers of the US Congress in midterm elections seen as a referendum on President Donald Trump. Paris's CAC 40 was indicated down 0.01%, Frankfurt's DAX 0.23%, and London's FTSE 100 0.37%. Asian investors sold shares, especially AI-related stocks, pressuring the dollar, while bonds gained on safe-haven demand amid expectations of stricter tech regulation and potential political gridlock. The election outcome could impact US budget prospects and sectors like defense, health, and banking. Economic data due includes eurozone inflation and US ADP employment, with corporate results from BMW, Novo Nordisk, and Uber.


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