European shares edged higher on Wednesday, led by Novo Nordisk, which jumped nearly 6% after reporting third-quarter adjusted operating profit above expectations and raising its full-year sales and profit forecasts. The pan-European STOXX 600 rose 0.3%, Germany's DAX gained 0.25%, France's CAC 40 rose 0.3% and London's FTSE 100 gained 0.4%. Sentiment was shaped by early U.S. midterm results pointing to significant Democratic gains in the House and a tightly contested Senate, which could limit Trump's ability to unilaterally impose aggressive tariffs and roll back clean-energy subsidies, while adding uncertainty over U.S. fiscal support for NATO and Ukrainian defense. European tech shares recovered part of their earlier steep losses after robust AMD results eased concerns over the sustainability of AI capital spending. ASML, ASM International, STMicroelectronics, BE Semiconductor and Prosus gained between 0.3% and 2%, while markets awaited the euro zone's flash HICP inflation data.
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Related tickers and likely impact
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/03/2026 | 754.41 |
| Change that session | +0.31% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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