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Defence stocks slip in Europe after Democrats' midterm sweep  

By Reuters News

** Shares in European arms makers slip on Wednesday, after Democrats captured majorities in both the Senate and House in the US midterm election

** Democratic control of the House could bring military spending back under scrutiny

** Index of aerospace and defence companies .SXPARO is down around 0.9%, compared with benchmark STOXX 600 .STOXX rising 0.9%

** BAE Systems BAES.L is down around 5%, Chemring CHG.L, Avon Technologies AVON.L, also with high US exposure, are down between around 3% and 4%

** Hensoldt HAGG.DE, SAAB SAABb.ST, Rheinmetall RHMG.DE, Renk R3NK.DE slip 2.3%-4%

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