European shares slip as investors weigh Middle East talks; Alstom tanks
Published . Updated .
Covered by 2 outlets: Reuters, Euronext Markets: Real-time Stock Market Data | live.
Who covered it: Center 1 · Not rated 1. How we rate outlets
Nov 2 (Reuters) - European shares slipped on Monday as investors weighed diplomatic efforts to end the seven-month long Middle East conflict, while French train maker Alstom tumbled after cutting its full-year margin outlook. The pan-European STOXX 600 index slipped 0.3% to
Directly affected
- AOMFF Alstom
Named in this report.
Indirectly affected
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “middle east” (oil) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “middle east” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “middle east” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF-3.0% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “middle east” (defense) in this story.
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”).
- EWQ iShares MSCI France ETF-6.5% 11d
iShares MSCI France ETF holds stocks listed in France, which this story is about (“french”).
- SHEL Shell+0.1% 13d
Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “middle east” (oil) in this story.
- XOM ExxonMobil Holdings+13.4% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “middle east” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AOMFFNo price data for this ticker | — | — | — | — | — | — | — |
| USONo price data for this ticker | — | — | — | — | — | — | — |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| VGK | -1.12% | -0.25% | base | after close | after close | after close | after close |
| EWQNo price data for this ticker | — | — | — | — | — | — | — |
| SHEL | -1.66% | -3.31% | base | after close | after close | after close | after close |
| XOMNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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European shares slip as investors weigh Middle East talks; Alstom tanks Reuters
Source: Reuters
Vanguard Intl Equity Index F (VGK) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Shell (SHEL) | three days earlier | -3.31% | final price |
| Shell (SHEL) | five days earlier | -1.66% | final price |
| Vanguard Intl Equity Index F (VGK) | three days earlier | -0.25% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | -1.12% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 19 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 63 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 10 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Michael T. McCaul bought Asml Holding (ASML) (held by a spouse), worth $50,001 - $100,000 on 7 Aug 2026. That is 87 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Kevin Hern sold Novartis Ag (NVS), worth $15,001 - $50,000 on 27 Aug 2026. That is 67 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Middle East on the map for this story
Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “European shares slip as investors weigh Middle East talks; Alstom tanks” is tagged to Middle East.
Who gains and who loses around Vanguard Intl Equity Index F (VGK)
Companies carried with this story
- VGK Vanguard Intl Equity Index F
In “European shares slip as investors weigh Middle East talks; Alstom tanks,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”)
- ASML Asml Holding
Asml Holding (ASML) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “European shares slip as investors weigh Middle East talks; Alstom tanks.” Reason on file: ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
- HSBC Hsbc Holdings
In “European shares slip as investors weigh Middle East talks; Alstom tanks,” Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence. Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
- SHEL Shell
For “European shares slip as investors weigh Middle East talks; Alstom tanks,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
- NVS Novartis Ag
For “European shares slip as investors weigh Middle East talks; Alstom tanks,” Novartis Ag (NVS) is linked, with no stored direction, medium confidence. Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
From Middle East to Vanguard Intl Equity Index F (VGK)
“European shares slip as investors weigh Middle East talks; Alstom tanks” (2 Nov 2026) reaches Vanguard Intl Equity Index F (VGK) through Middle East.
What ties Vanguard Intl Equity Index F (VGK) to the headline is this: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”)
Asml Holding (ASML) is here too. Its reason reads: ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
The price range for Vanguard Intl Equity Index F (VGK), and the dates in the story
ASML traded between 1583.71 and 1868.68 across 13 sessions. The latest close on file is 1590.17. HSBC traded between 91.56 and 101.84 across 13 sessions. The latest close on file is 94.32.
A simple score for Vanguard Intl Equity Index F (VGK)
47 out of 100
“European shares slip as investors weigh Middle East talks; Alstom tanks” scores 47 out of 100. The score uses 2 sources, and 5 linked companies.