Is the US blue wave a turning point for Europe, too?
Published . Updated .
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Far right populists remain insurgent and pro-EU governments are braced for a lame duck Trump’s betrayal. But the mid-terms also showed that democracy can fight back
Directly affected
- No company is named in this report.
Indirectly affected
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”).
- ASML ASML Holding N.V
ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.
- HSBC HSBC Holdings
HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.
- SHEL Shell
Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.
- NVS Novartis AG
Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| VGK | +0.65% | -2.62% | base | -0.71% | after close | after close | after close |
| ASMLNo price data for this ticker | — | — | — | — | — | — | — |
| HSBCNo price data for this ticker | — | — | — | — | — | — | — |
| SHELNo price data for this ticker | — | — | — | — | — | — | — |
| NVSNo 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.
Far-right populists remain insurgent and pro-EU governments are braced for Trump’s betrayal. But the midterms also showed that democracy can fight back • Don’t get This Is Europe delivered to your inbox? Sign up here “Is Maga dead?” asked…
Source: The Guardian
Defense
| Company | When | Move | Status |
|---|---|---|---|
| VGK | that day | -0.71% | still updating |
| VGK | three days earlier | -2.62% | final price |
| VGK | five days earlier | +0.65% | final price |
Congressional trades in the stocks in this story
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 19 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Kevin Hern sold Novartis Ag (NVS), worth $15,001 - $50,000 on 27 Aug 2026. That is 76 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).
How solid the defense case looks
12 out of 100Price not final
“Is the US blue wave a turning point for Europe, too?” scores 12 out of 100. The score uses 1 sources. The price is not final yet.