(CercleFinance.com) – The Paris stock exchange lost almost 0.4%, around 6417 points, while across the Atlantic the counting operations are prolonged, the results of the mid-term ballot for the moment showing a tight duel between Democrats and Republicans.
With 175 seats won, against 145 for the opposite camp, the conservative party seems well placed to win the majority in the House of Representatives, as expected.
With 48 votes against 47, the Democrats would confirm their domination over the Senate, but the outcome of the vote is still very uncertain in view of the latest trends.
If they rule out a priori the wave of a “red wave”, that is to say Republican, these results confirm the scenario according to which Joe Biden could coexist with a hostile Congress during the last two years of his mandate.
In the eyes of investors, a Republican majority in the House would notably make it possible to hinder the plans of the Democrats in tax matters and to rule out tax increases likely to weigh on corporate profits.
In this context, the dollar continued to fall and fell back below the euro, to $1,001 for one euro.
In the economic chapter, the meeting promises to be particularly calm this Wednesday, the only two statistics on the program of the day being the stocks of American wholesalers, then the weekly oil reserves in the United States.
In securities news, Veolia publishes EBITDA of 4.53 billion euros for the first nine months of 2022, representing growth of 5.2% at constant scope and exchange rates, for revenue of 30 .7 billion, up 49.1% at constant exchange rates.
Getlink said its Shuttle carried 163,430 passenger vehicles in October, up 20 percent from the same month in 2021, while its Shuttle Freight carried 114,747 trucks, down 6 percent year-on-year.
Finally, Viel & Cie indicates that it recorded strong growth in its activity in the third quarter of 2022 with revenue of 248.7 million euros, up 26.2% at current exchange rates and 18.2 % at constant exchange rates.
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