News

Alphabet (GOOG.O) shares rose 5.8%, the biggest gain since August.

Mexico's agriculture minister said that after a dispute over prices, an agreement has been reached with avocado producers in Michoacán to resume exports to the United States.

The IRS has issued a hearing notice regarding proposed rules for investments in the Trump Account.

Canada's Minister of Trade with the United States will speak with U.S. Commerce Secretary Rutnick and U.S. Trade Representative Greer in the coming days.

Norway's sovereign wealth fund: Invests $300 million to acquire a 10% stake.

Norway's sovereign wealth fund has acquired a 10% direct stake in Aypa Power, a North American battery energy storage platform.

Freddie Mac shares fell 24%, and Fannie Mae shares fell 25%.

The U.S. ISM non-manufacturing supplier deliveries index for October was 56.7, compared to 53.2 in the previous month.

The U.S. ISM non-manufacturing inventory index for October was 55.4, compared to 57.8 in the previous month.

The US October ISM non-manufacturing PMI was 54.5, below the expected 54.8 and the previous reading of 54.9.

The U.S. ISM non-manufacturing employment index for October was 51.4, compared to 50.1 in the previous month.

The U.S. ISM non-manufacturing price index for October was 73, compared to 74 in the previous month.

The US ISM non-manufacturing new orders index for October was 55.9, compared to 59.8 in the previous month.

According to Punchbowl: U.S. House Speaker Boris Johnson will not run for House Minority Leader.

House Minority Leader Jeffreys: In my view, this election revolves around three main issues—comprehensive affordability, healthcare, and the reckless and costly “selective war” waged in Iran. This war is directly linked to the prices of gasoline, fertilizer, and diesel, and the rise in these prices has driven up the cost of groceries and other goods.

New Automotive data: Total new car sales in the UK rose 26.9% year-on-year in October to 154,407 units.

Market news: Both the U.S. House of Representatives and the Senate are scheduled to return to Washington to meet on Monday.

Market news: Electric vehicles accounted for 31.8% of new car registrations in the UK in October. New battery electric vehicle (BEV) registrations in the UK are projected to reach 49,155 in October 2026, a 53.7% increase compared to October 2025.

The U.S. ISM non-manufacturing PMI for October will be released in ten minutes.

The final reading of the US S&P Global Services PMI for October was 56.1, below the expected 57.9 and the previous reading of 57.9.