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2026-11-04T11:00:00.000Z

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Trump Loss Lifts Europe

Trump Loss Lifts Europe

European stocks surged after the Democrats won control of both chambers of the US Congress and Donald Trump accepted the results. The Stoxx 600 rose 0.5%, while Italy’s FTSE MIB led the gains, climbing 1.2%. Banking stocks were among the biggest gainers, rising more than 2%, while clean-energy shares also advanced: Ørsted gained 7%, Vestas 5% and Nordex 4.7%. Novo Nordisk shares rose 4.6% after the company reported better-than-expected operating results and raised its full-year sales and profit forecasts.

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