News

The mayor of Kyiv said that Russia has targeted infrastructure, and the power company said that several districts have experienced power outages.

According to CBS: US President Trump: Online rallies are a great tool, and "quite a few" online rallies will be held on Monday.

Russian Foreign Minister Lavrov: Russia's position on the Abu Dhabi negotiations remains unchanged.

The UK's Office for Maritime Trade Operations has confirmed that an oil tanker was hit by an unidentified projectile while transiting the Strait of Hormuz.

U.S. bank deposits fell to $19.771 trillion from $19.803 trillion the previous week.

US President Trump: Any money we spent in Iran has been made up for many times over through our actions in Venezuela, earning hundreds of billions of dollars, many, many times over.

US President Trump: Stupid people want me to sanction Russia.

Intel (INTC.O) shares plunged nearly 29%, marking its worst single-day performance in at least forty years.

The Dow Jones Industrial Average closed down 572.25 points, or 1.09%, at 51,770.31 on Friday, October 30; the S&P 500 closed down 140.30 points, or 1.82%, at 7,580.09; and the Nasdaq Composite closed down 747.73 points, or 2.86%, at 25,437.00.

Russia vetoed a US-drafted resolution on Western Sahara that would have scaled back peacekeeping missions.

According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending October 27, equity fund speculators increased their net short positions in the S&P 500 CME by 24,072 contracts to 372,747 contracts; equity fund managers increased their net long positions in the S&P 500 CME by 23,050 contracts to 917,513 contracts.

According to Axios, a diplomatic source revealed that Qatari negotiators have been holding talks with Iranian officials in Tehran for 12 hours, and the negotiations are still ongoing. The source added that Qatari mediators have also maintained regular contact with the White House throughout the day, stating, "All parties are continuing negotiations, working to push for an agreement between the United States and Iran."

Nasdaq-100 fell as much as 4.5% intraday on Friday and is now more than 10% below its recent peak, triggering its third technical correction of the year. The index was down roughly 3% for the week. Disappointing results from Alphabet (GOOG.O), Amazon (AMZN.O), Intel (INTC.O) and ServiceNow (NOW.O) set off a tech selloff, and rising financing needs among tech firms have added to sector volatility. Strategists say investors are re-evaluating AI returns and are increasingly focused on return on invested capital and the likelihood of recouping principal rather than assuming guaranteed outsized gains. US equities last recorded three or more 10% swings in a single year in 2022.

The UK Maritime Trade Operations Office reports that the crew is safe and no environmental impact has been reported.

The UK's Office of Maritime Trade Operations reported that a ship was hit by an unidentified projectile 40 nautical miles south of Ravan Island, Iran.

The U.S. State Department has approved a potential sale of Patriot Advanced Capability-3 (PAC-3) missile segment enhancement (MSE) variants to Ukraine for an estimated $2.1 billion.

Mexico's Finance Minister: In the short term, the most important part of managing the debt of oil company PEMEX has been completed.

A U.S. appeals court rejected the Justice Department's renewed request to temporarily block California from counting mail-in ballots from 20,000 alleged non-citizens.

Mexico's Finance Minister: If the economic momentum continues, the growth rate in 2026 may be close to the upper limit of the forecast range.

According to the Russian business news agency, Russia is considering imposing a ban on exports of liquefied petroleum gas (LPG).