Nasdaq Futures Claw Back Losses After Asian AI Rout, Payrolls Loom
Nasdaq futures rebound as the AI-driven selloff in Asia intensifies, with traders awaiting US jobs data. Reported by Dow Jones Newswires.
2 sources · Dow Jones Newswires, Update
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Japanese rubber falls with Tokyo stocks in sharp global selloff
Osaka rubber futures slipped alongside Japanese shares, with the Nikkei down more than 5% in a global equities rout, Reuters reports.
1 source · Reuters
Oil heads for worst week since April as gold nears best week since August
According to TradingView, oil slid on hopes the Middle East war may end, while gold rose on a weaker dollar and lower Treasury yields after US midterms.
1 source · TradingView
Asian fuel oil benchmarks slump as Iran war de-escalation hopes grow
Asian fuel oil benchmarks fell sharply as traders priced in possible peace talks in the Middle East and higher regional supply.
1 source · Reuters
Gold climbs near 2% to two-week high as dollar slips after US midterms
Spot gold climbed 1.9% to $4,134.83 an ounce, its highest since October 22, as the dollar eased after the Democratic midterm win. Indian stocks also gained.
2 sources · Moody's
US stock futures slip as traders wait for midterm election results
US index futures fell and the dollar eased as investors awaited the midterm vote, Reuters reported. Markets are watching the size of any Democratic win.
2 sources · Reuters
Global stocks wobble as traders await US midterm vote; oil slips
Global equities wobbled on Tuesday as investors awaited US midterm election results, while Brent fell amid Middle East talks, per Reuters.
2 sources · Reuters
Analyst sees Brent staying in $95–115 range unless Iran progress accelerates
Analyst Geoffrey Dennis, per TradingView, says Brent may stay at $95–115 without more progress toward peace, and also weighs in on AI stocks and US midterms.
1 source · TradingView
Midterm vote seen doing little to lower India's oil exposure amid Iran tensions
Emkay Global Financial Services, cited by Moody's, sees oil staying elevated after the November 3 US midterms, keeping pressure on Indian assets.
1 source · Moody's