News

The European banking index rose by more than 3%.

Republican candidate Maryland Bouchard conceded defeat in the Michigan House of Representatives election.

The final UK Services PMI for October will be released in ten minutes.

Shares of U.S. health insurance companies and hospital operators rose in pre-market trading, with UnitedHealth Group (UNH.N) up 2%, Molina Healthcare up 6.3%, Centene up 4.5%, and HCA Healthcare up 2.6%.

U.S. data center operators fell in pre-market trading, with Applied Digital down 3.6%, Core Scientific down 3.3%, IREN down 3.6%, and TeraWulf down 3%.

U.S. cloud computing stocks weakened in pre-market trading, with Coreweave (CRWV.O) down 3.6%, Nebius down 1%, and Oracle (ORCL.N) down 2%.

European Central Bank: Overall wage tracking indicator revised slightly upward from September.

Continental's CFO: (Regarding the US midterm election results) What this means for us and the overall economy remains to be seen, but it has brought stability. Our latest year-end oil price forecast is above $90 per barrel, up from $85 in May.

Alphabet (GOOG.O) said the investment will fund data center campuses, clean energy, water-resource security measures and workforce upskilling.

Alphabet (GOOG.O): The investment will be used for data center campuses, clean energy, water security, and workforce skills enhancement.

Germany's final October services PMI was 52.5, below the expected 51.7 and the previous reading of 51.7.

Germany's final composite PMI for October was 53.4, below the expected 52.8 and the previous reading of 52.8.

France's final October services PMI report: new business and activity declined at the fastest pace since May; businesses' outlook for the next year turned pessimistic for the first time since April 2020; inflationary pressures eased.

France's final October services PMI was 46.2, below the expected 48.4 and the previous reading of 48.4.

France's final composite PMI for October was 46.6, below the expected 48.4 and the previous reading of 48.4.

An Audi spokesperson said: "We will continue to engage in constructive dialogue with political leaders at the federal and state levels in the United States."

South African President: Being excluded from the African Growth and Opportunity Act (regarding the loss of US trade preferences) is indeed a negative impact on us, and we hope to focus more on bilateral trade agreements.

South African President: (Regarding the US midterm elections) The American people have spoken out, and this will usher in a new era in world relations.

Spanish Prime Minister Sánchez: American society voted against policies that only lead to poverty. They opposed hatred, sexism, climate change denial, and the privileges of the elite. This happened in Brazil. It has just happened in the United States. Soon, it will happen in Spain as well.

The final October services PMI figures for France, Germany, and the Eurozone, as well as the UK LME copper, aluminum, and nickel inventory changes up to November 4, will be released in ten minutes.