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Stocks in Europe are losing at the opening, and the US elections are in the spotlight of Reuters

(Reuters) – Shares in Europe fell slightly in early trading on Tuesday on some underperformance, including from Denmark’s Vestas and Britain’s Schroders (LON:), weighed, and all eyes were focused on the US presidential elections.

The pan-European benchmark was down 0.2% as of 08:14 GMT, with the oil and gas index down 0.7% among the major sectors.

Democrat Kamala Harris and Republican Donald Trump remain neck and neck in the polls, and voters are expected to cast their ballots later in the day, although the winner likely won’t be known for several days after voting ends.

Vestas, the world’s largest wind turbine maker, fell 9.1% after reporting lower-than-expected third-quarter operating profit and saying it expected full-year operating profit margin to be at the lower end of its forecast.

Schroders lost 12.5% ​​after the British asset manager reported a net outflow of client funds of 2.3 billion pounds ($3 billion) in the quarter to the end of September.

©Reuters. Chart of the German DAX share price index on the Frankfurt stock exchange in Germany, October 28, 2024. REUTERS/Staff/ File Photo

On the bright side Poops (EPA:) rose 4.1% after the French construction and telecommunications group reported nine-month headline earnings slightly above expectations.

Belgian chemicals maker Syensqo rose 6.5% early after revealing plans to cut jobs by about 2% and tightened its annual underlying profit forecast for the second time since August.



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