Trump's midterm defeat: Europe's biggest stock winners and losers

AI Summary

European equities reacted sharply to the Democratic victory in the US midterms, with banks among the biggest winners and chipmakers among the losers. The article links the sector rotation to concerns about data-center demand.

A Democratic ‘blue tsunami’ sparked one of the year’s sharpest rotations in Europe: banks rallied, chips sank on data-centre fears.