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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NEW: 🇪🇺 The European Union is considering mandatory technology transfers for new Chinese investments.
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NEW: 💰 Company Citigroup Inc. reported a 15% rise in net income and record third-quarter revenue across all business segments.
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NEW: 🇨🇭 A Swiss court ruled that the forced $20 billion bond write-off during the Credit Suisse rescue was unlawful.
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NEW: 🇺🇸 US stocks tumbled as Chinese retaliation against new tariffs escalated the US-China trade war.
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