News
What moved markets and why it matters, with what it means for stocks, bonds, currencies and commodities spelled out.
Latest 6 stories
Euro zone inflation hits 4%, double the ECB target, keeping a December hike likely
The rise, driven by energy as core prices held steady, matched forecasts, so markets kept pricing a roughly 72% chance of a quarter-point ECB hike on 17 December.
Democrats win control of Congress as stock futures, Treasury yields and the dollar fall
Nasdaq futures fell 2.2% overnight before losses narrowed, while long-term borrowing costs eased; whether the moves last is the open question.
Oil bounces only modestly after US strike on Iran's Qeshm Island, after a 7.6% fall
Brent regained only a small part of Monday's diplomacy-driven drop, as traders weigh a limited strike against talks that have not been called off.
Oil falls 3% to $110 as Iran talks stay alive and the US midterms near
A draft plan to reopen Hormuz is circulating, but Trump's pledge of no new strikes on Iran runs out after Tuesday's vote, leaving crude caught between a deal and a wider war.
Alphabet suffers worst day since 2004 listing as cash burn and debt worries drag Nasdaq
Google's owner lost roughly $482–500 billion in a day as a sales miss, slower search growth and debt-funded cash burn hit big tech while most other stocks rose.
Brent dips 1.7% to $113.88 but stays near six-month highs as talks and attacks collide
Oil stays close to six-month highs because traders are still paying for the risk of a wider war, and the next big move depends on whether Trump picks a deal with Iran or more strikes.
