
The mood on the stock markets is nervous before the midterm elections. Will the Democrats win both chambers of parliament and raise taxes? Experience shows that a certain scenario is best for the stock exchanges.
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Ahead of the US midterm elections, the article analyzes Wall Street's stance on the political scenarios.
Midterm elections in the USA Why Wall Street wants the Democrats to win – at least a little
The mood on the stock markets is nervous before the midterm elections. Will the Democrats win both chambers of parliament and raise taxes? Experience shows that a certain scenario is best for the stock exchanges.
By Katharina Kort, New York
November 3rd, 2026, 10:20 a.m

ECB boss Christine Lagarde resigns in February, eight months before the end of her term. The euro countries should name candidates by Friday in order to enable rapid succession and a European package solution.

After the billion-dollar stock market scandal in Turkey, the deposed Istanbul stock exchange boss Korkmaz Enes Ergun was arrested. He is accused of membership in a criminal organization and bribery after investment funds are said to have manipulated share prices.

The automotive supplier Schaeffler has announced that it will cut 3,460 jobs across Europe, including 2,660 in Germany. With this savings program, the company is responding to the ongoing crisis in the German automotive industry.

The German fashion group Hugo Boss has cut its annual targets due to a slump in consumption and IT costs. Sales are expected to shrink while Britain's Frasers Group has taken over the majority.

Zalando increased sales and profits in the third quarter, driven by strong corporate customer business. However, a decline in the gross profit margin led to temporary price losses for the share price.

Due to persistently high kerosene prices, Lufthansa is expecting a double-digit increase in ticket prices next year. Low-cost airline Ryanair is also forced to raise prices, while demand remains robust for the time being.