European stocks rise and technology recovers following Democratic victory in the US

European markets are rising following the Democratic Party's victories in the U.S. elections, with the PSI index leading at over 2%. Initial negative reactions in Wall Street have shifted to a positive sentiment. The Democratic win is seen as a historic achievement, weakening Donald Trump's leadership and boosting investor confidence. Major European indices, including those in Italy and Spain, have gained more than 2%, while France and Germany are up over 1%. The PSI index's rise is driven by significant gains in BCP and EDP Renováveis stocks. Despite initial declines in U.S. futures, a recovery has occurred, with the S&P 500 futures increasing nearly 1%.

Fact-check this story: paste the text or link into Justifact and get a verdict with the sources consulted.