Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye
Published . Updated .
This report is about Europe.
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 (“ecb”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Europe
- EFA iShares MSCI EAFE ETF-2.2% 11d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe
- ASML ASML Holding N.V-6.4% 19d
ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“ecb”) reaches its shares.
- HSBC HSBC Holdings-9.3% 18d
HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“ecb”) reaches its shares.
- SHEL Shell+0.1% 13d
Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“ecb”) reaches its shares.
- NVS Novartis AG+1.3% 17d
Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“ecb”) 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 | -2.12% | -1.21% | base | after close | after close | after close | after close |
| BWX | +0.16% | +0.02% | base | after close | after close | after close | after close |
| EFA | -1.63% | -0.74% | base | after close | after close | after close | after close |
| ASML | -6.20% | -2.40% | base | after close | after close | after close | after close |
| HSBC | +4.68% | -0.68% | base | after close | after close | after close | after close |
| SHEL | +0.46% | -2.69% | base | after close | after close | after close | after close |
| NVS | -6.17% | -2.64% | base | after close | after close | after close | after close |
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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Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye Bloomberg.com
Source: Bloomberg
Vanguard Intl Equity Index F (VGK) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Asml Holding (ASML) | three days earlier | -2.40% | final price |
| Asml Holding (ASML) | five days earlier | -6.20% | final price |
| Spdr Series Trust (BWX) | three days earlier | +0.02% | final price |
| Spdr Series Trust (BWX) | five days earlier | +0.16% | final price |
| Ishares Tr (EFA) | three days earlier | -0.74% | final price |
| Ishares Tr (EFA) | five days earlier | -1.63% | final price |
| Hsbc Holdings (HSBC) | three days earlier | -0.68% | final price |
| Hsbc Holdings (HSBC) | five days earlier | +4.68% | final price |
| Novartis Ag (NVS) | three days earlier | -2.64% | final price |
| Novartis Ag (NVS) | five days earlier | -6.17% | final price |
| Shell (SHEL) | three days earlier | -2.69% | final price |
| Shell (SHEL) | five days earlier | +0.46% | final price |
| Vanguard Intl Equity Index F (VGK) | three days earlier | -1.21% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | -2.12% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 51 days before publication. Filed 21 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 84 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 64 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).
Who gains and who loses around Vanguard Intl Equity Index F (VGK)
Companies mentioned 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 30 Oct 2026 story “Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye.” Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“ecb”)
- BWX Spdr Series Trust
In “Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Europe
- EFA Ishares Tr
For “Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe
- ASML Asml Holding
For “Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye,” 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 (“ecb”) reaches its shares
- HSBC Hsbc Holdings
In “Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye,” 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 (“ecb”) reaches its shares
- SHEL Shell
In “Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye,” 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 (“ecb”) reaches its shares
- NVS Novartis Ag
For “Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye,” 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 (“ecb”) reaches its shares
Vanguard Intl Equity Index F (VGK)
On 30 Oct 2026, “Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye” is the story that connects Vanguard Intl Equity Index F (VGK) to this story.
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 (“ecb”)
Spdr Series Trust (BWX) is here too. Its reason reads: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Europe
Price levels for Vanguard Intl Equity Index F (VGK)
EFA traded between 102.00 and 106.39 across 9 sessions. The latest close on file is 103.46.
How strong the case is around Vanguard Intl Equity Index F (VGK)
46 out of 100
“Lagarde Exits ECB After Big Wins, Some Errors and a Long Goodbye” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.