European shares rise after US midterm elections, with Novo surging

Summary

European shares rose on Wednesday, November 4, 2026, as markets weighed the US midterm elections. Investing.com reported that European shares jumped to 2-month highs, with Novo surging, while Seeking Alpha reported that European shares advanced and the euro hit a one-month high after the US election. A Euronews report dated November 5 said shares mostly gained on Thursday after Wall Street rallied following the midterm elections, with the Dow Jones Industrial Average jumping more than 3% after President Donald Trump's party lost sole control of Washington, and its headline said tech companies were hit by new AI worries. The available material consists of headlines and brief summaries, so the reasons behind the moves are not detailed here.

Timeline

1. Seeking Alpha

   4 Nov 2026, 09:00 UTCSource ↗

   Seeking Alpha reports that European shares advanced and the euro hit a one-month high after the US election.

2. Investing.com

   4 Nov 2026, 10:27 UTCSource ↗

   Investing.com reports that European shares jumped to 2-month highs following the US midterms, with Novo surging.

3. Euronews

   5 Nov 2026, 05:30 UTCSource ↗

   Euronews reports that shares mostly gained on Thursday after Wall Street rallied following the US midterm elections, with the Dow Jones Industrial Average jumping more than 3% after President Donald Trump's party lost sole control of Washington.