Major European stock markets down on Wednesday

Europe’s major stock markets are expected to open lower on Wednesday. Investors are awaiting the full results of the US mid-term elections and Thursday’s release of US inflation figures for October.

 

Index futures suggest a decline of 0.36% for the CAC 40 in Paris, 0.39% for the Dax in Frankfurt, 0.34% for the FTSE 100 in London and 0.29% for the EuroStoxx 50.

 

This hesitation is linked to the wait for the results of the US mid-term elections. At the moment, initial estimates give a lead to the Republicans in the House of Representatives. Edison Research estimates that five seats previously held by the Democrats have swung to the Republican side in the House, the number needed for the party to win a majority. In the Senate, where one-third of the seats are up for re-election, uncertainty remains over the contested states of Pennsylvania, Nevada, Georgia and Arizona.

 

On Wall Street

 

The New York Stock Exchange finished higher on Tuesday, with the market betting on an election victory for the Republicans, who are seen as more favourable to investors’ interests.

 

In Asia

 

The Tokyo Stock Exchange ended Wednesday down. The Nikkei index fell by 0.56% to 27,716.43 points and the Topix fell by 0.41% to 1,949.49 points.

 

 

 

Read also > EUROPEAN AND ASIAN STOCK MARKETS OPENED LOWER ON MONDAY MORNING, DRAGGED DOWN BY US INFLATION FEARS

 

Featured photo : © Parlons Finance

Tags

The editorial team
The editorial team
Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

Subscribe to our Newsletter

Sign up now to receive sneak previews of our programs and articles!

Launch offer:

Your participation in the Camille Fournet Masterclass reserved for annual subscriber !

Luxus Plus Newsletter