NEW: 🇺🇸 The Trump administration introduced new port fees targeting Chinese ship operators, escalating the US-China economic conflict.
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🕒 Economic Releases (3)
• 🇬🇧 06:00 AM Unemployment Rate 4.8% prev 4.7% fcst 4.7%
• 🇬🇧 06:00 AM Average Earnings incl. Bonus (3Mo/Yr) 5% prev 4.8% fcst 4.6% cons 4.7% rev ®
• 🇬🇧 06:00 AM Employment Change 91K prev 232K fcst 70.0K
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• 🇬🇧 06:00 AM Unemployment Rate 4.8% prev 4.7% fcst 4.7%
• 🇬🇧 06:00 AM Average Earnings incl. Bonus (3Mo/Yr) 5% prev 4.8% fcst 4.6% cons 4.7% rev ®
• 🇬🇧 06:00 AM Employment Change 91K prev 232K fcst 70.0K
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NEW: 🇮🇳 Google is investing $15 billion to build an AI data center hub in Southern India, its largest outside the US.
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NEW: 🇮🇱 Hostages and Palestinian prisoners were freed as part of the Israel-Hamas cease-fire, which Donald Trump called a 'historic dawn'.
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NEW: 🇪🇺 European markets fell, and company Michelin logo stock dropped 9% due to concerns over new tariffs.
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NEW: 🇺🇸 President Trump enacted new tariffs on imported lumber and furniture, potentially escalating trade tensions.
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NEW: 🇺🇸 The US Dollar index reached its highest level since August as escalating trade tensions increased demand for safe-haven assets.
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🚨BREAKING🚨: 🇺🇸 Wells Fargo boosted a key profitability metric following the removal of its Federal Reserve asset cap.
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NEW: 💰 Goldman Sachs reported record third-quarter revenues, driven by strong dealmaking activity.
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NEW: 🇵🇱 A Polish official stated Russia is using cryptocurrency to pay saboteurs for hybrid attacks across the European Union.
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NEW: 📉 Company Arista Networks Inc. stock fell after Nvidia won major AI networking chip orders from company Meta Platforms Inc and company Oracle Corporation.
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NEW: 💰 Company Oracle Corporation announced plans to deploy 50,000 AMD AI chips in its Oracle Cloud infrastructure, boosting competition for Nvidia.
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NEW: 🇷🇺 Russia's crude oil flows surged to their highest level in more than two years, indicating increased supply.
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