European stocks may fall after the U.S. Democrats won a majority in the House of Representatives, retaking control for the first time since 1994. Nokia Oyj and GlaxoSmithKline Plc may drop after their U.S. traded securities fell. European Aeronautic, Defence & Space Co., the parent of Airbus SAS, may drop for a second day after reporting its first quarterly loss in three years. Shares of Volkswagen AG may be active after the company yesterday unexpectedly replaced Chief Executive Officer Bern Pischetsrieder. Futures on the Dow Jones Euro Stoxx 50 Index, a benchmark for the 12 countries using the euro, lost 19 to 4062 at 7:38 a.m. in London. The U.K.'s FTSE 100 Index may slide 24 to 6220, according to GFT. U.S. stock-index futures declined as did stocks in Asia. ``With the U.S. really setting the pace for equities at the moment, it's a clear-cut call lower this morning,'' said Martin Slaney, head of spread betting at GFT Global Markets in London. ``There are some concerns about the possible impact of the elections. Potential tax hikes and minimum wage hikes are long- term factors for corporate earnings.'' Read the full article | 
