European shares rise on mining gains as tech lags

European shares opened higher as mining gains offset technology sector declines. Investors weighed the implications of US midterms while Brent crude traded below one hundred dollars.

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FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 4, 2026. REUTERS/Staff/File Photo

European shares rose on Thursday morning, led by a 2.7% gain in basic resources as United States political shifts altered sector valuations. The STOXX 600 index rose 0.5% to 660.33 points during the morning session. Investors weighed the market impact of a Democratic sweep in the midterm elections across North American and European equities.