European shares subdued 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
By Johann M Cherian Nov 2 (Reuters) - European shares were subdued on Monday, pressured by declines in healthcare and energy, as investors weighed diplomatic efforts to end the months-long Middle East conflict, while French train maker Alstom tumbled after cutting annual margin
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.
- XLV Health Care Select Sector SPDR
Health Care Select Sector SPDR: it holds drugmakers and health companies. Linked by “healthcare” (pharma and health) 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.
- 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 | — | — | — | — | — | — | — |
| XLVNo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| VGKNo price data for this ticker | — | — | — | — | — | — | — |
| EWQNo price data for this ticker | — | — | — | — | — | — | — |
| SHELNo price data for this ticker | — | — | — | — | — | — | — |
| 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 subdued as investors weigh Middle East talks; Alstom tanks Reuters
Source: Reuters
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 subdued as investors weigh Middle East talks; Alstom tanks” is tagged to Middle East.
Who gains and who pays if Middle East stays in the story
Companies carried with this story
- VGK Vanguard Intl Equity Index F
Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “European shares subdued as investors weigh Middle East talks; Alstom tanks.” Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”)
- ASML Asml Holding
For “European shares subdued as investors weigh Middle East talks; Alstom tanks,” Asml Holding (ASML) is linked, with no stored direction, medium confidence. 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 subdued 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
Shell (SHEL) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “European shares subdued as investors weigh Middle East talks; Alstom tanks.” 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
Novartis Ag (NVS) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “European shares subdued as investors weigh Middle East talks; Alstom tanks.” 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
What Middle East means for Vanguard Intl Equity Index F (VGK)
On 2 Nov 2026, “European shares subdued as investors weigh Middle East talks; Alstom tanks” is the story that connects Vanguard Intl Equity Index F (VGK) to Middle East.
The link for Vanguard Intl Equity Index F (VGK) is this: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”)
A second company, Asml Holding (ASML), is listed for a different reason: 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
Price levels for Vanguard Intl Equity Index F (VGK)
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.
What the saved facts support for Vanguard Intl Equity Index F (VGK)
47 out of 100
“European shares subdued as investors weigh Middle East talks; Alstom tanks” scores 47 out of 100. The score uses 2 sources, and 5 linked companies.