At 08:30 in Lisbon, the Euro Stoxx 600 was up 0.50% at 648.88 points.

The London, Paris and Frankfurt stock markets were advancing by 0.20%, 0.30% and 0.45%, respectively, while Madrid and Milan were rising by 1.24% and 1.10%.

The Democrats' victory in the US midterm elections on 3 November has raised concerns about stricter regulation of artificial intelligence (AI), but has provided reassurance regarding the trajectory of US debt.

US 10-year Treasury yields fell to 4.926%, compared with 4.965%.

The euro was trading higher against the dollar, above $1.12, rising 0.43% to $1.1241 on the Frankfurt foreign exchange market.

The price of the generic Brent crude oil contract, the European benchmark, fell 0.11% to $103.49.

Democrats victory

Democrats won both chambers of the US Congress in the midterm elections on 3 November, securing surprising victories in Republican states and delivering a major political defeat to President Donald Trump, as reported by The Portugal News.

The scale of the victory, confirmed by projections from major US media outlets, exceeded Democratic expectations as the party regained control of the Senate and House of Representatives, which had previously been dominated by Republicans.

The results mark a profound shift in Washington’s political balance and will force Trump to face an opposition-controlled Congress during the final two years of his presidential term.

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