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LIVE MARKETS-European futures rise slightly, same for Wall Street

* European shares seen higher

* In setback for Trump, Democrats seize U.S. House control

* Earnings in focus

Nov 7 - Welcome to the home for real-time coverage of European equity markets brought to you

by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share

your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net

EUROPEAN FUTURES RISE SLIGHTLY, SAME FOR WALL STREET (0714 GMT)

European futures have started the day in positive territory with the outcome of the midterm

election in the United States broadly in line with market expectations.

U.S. futures are also in the black as it seems that the prospect of political gridlock in

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Washington, which arguably creates some uncertainty, is not enough to put investors off.

(Julien Ponthus)

*****

HEADLINES ROUNDUP: HEAVY FLOW OF EARNINGS (0657 GMT)

Let's not forget that this is another earnings-heavy day with updates from heavyweights

including Adidas (IOB: 0OLD.IL - news) , Credit Agricole (Swiss: ACA.SW - news) and BMW (EUREX: BMWE.EX - news) - just to name a few,

Here's your headlines round-up:

Adidas hikes 2018 profit guidance, trims sales outlook

Credit Agricole Q3 profits rise, buoyed by retail and investment banks

ABN Amro beats expectations with 8 pct rise in Q3 profit

Munich Re returns to profit in Q3, affirms 2018 guidance

BMW Q3 hit by upfront expenditure for electric car development

Voestalpine (IOB: 0MKX.IL - news) 's H1 profit drops 19 pct on lower demand from car industry

Snam (Amsterdam: QE6.AS - news) hikes earnings, dividend targets in new plan

Water utility Veolia sees best third quarter earnings growth since 2014

Barry Callebaut FY net profit jumps on strong growth, keeps outlook

Axel Springer (Swiss: SPR.SW - news) hikes EPS forecast as digital properties gain traction

Ahold Delhaize Q3 sales, profit beat market forecast

SGS (LSE: 0QMI.L - news) pares 2020 target as commodity markets sour

MEDIA-Comcast (Swiss: CMCSA.SW - news) sets its sights on European pay-TV market - FT

BHP expects derailed train to have some impact on its Australian iron ore exports

Dassault pulls out of race to supply Canada with jets - sources

Brazil's TIM Participacoes (Sao Paolo: R2:TIMP3S.SA - news) handily beats profit estimates on one-off item

Italy's Enel (LSE: 0NRE.L - news) plays down talk of move for Colombia's Electricaribe

(Danilo Masoni)

*****

EUROPE SEEN HIGHER AFTER DEMOCRATS WIN U.S. HOUSE CONTROL (0630 GMT)

European shares are seen opening higher today after Democrats took control of the U.S. House

in midterm elections, removing uncertainty over possible surprise outcomes.

The broadly expected results mean Democrats will resume House control in January for the

first time since the 2010 election, beginning a split-power arrangement with the Republican-led

Senate that may force Trump to scale back his legislative ambitions.

Meanwhile, Wall Street stock futures and Asian shares held earlier gains, while the dollar

dipped.

Financial spreadbetters IG (Frankfurt: A0EARV - news) expect London's FTSE to open 33 points higher at 7,074,

Frankfurt's DAX to open 85 points higher at 11,569 and Paris' CAC to open 39 points higher at

5,114.

(Danilo Masoni)

*****