Dow Jones Top Markets Headlines at 9 PM ET: Wall Street Gets $2.5 Trillion AI Reality Check With Historic Rout of Tech Stocks | A ...

Wall Street Gets $2.5 Trillion AI Reality Check With Historic Rout of Tech Stocks

The Nasdaq composite closes in correction territory in the stock market's worst day since last April's tariff turmoil.

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A Good Jobs Report Is a Green Light for the Fed

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Bank of England Raises Rates for First Time Since Start of Iran War

The conflict has lifted energy prices, though they have fallen since the midterms raised hopes for an end to the war.

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Major Investors Are Skeptical Anthropic IPO Can Achieve $1.5 Trillion Valuation

The artificial-intelligence giant could need to set a significantly lower-than-expected valuation, investors say.

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Wells Fargo's Top Investment Banker Sees 'Now or Never' Window for Dealmaking

Wells Fargo executive Fernando Rivas said some dealmakers believes it's time to finalize transactions before the 2028 presidential election.

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Bank of Canada to Maintain 2% Inflation Target in Renewed Framework

The BOC and the country's finance department agreed to renew the central bank's inflation-targeting framework for another five years.

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Bank of Mexico Cuts Benchmark Interest Rate in Split Decision

The five-member board of governors voted 3-2 to reduce the overnight interest-rate target by a quarter of a percentage point, to 6.25%, following three consecutive meetings on hold.

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U.S. Employer Layoff Plans Tick Up Slightly in October From September

U.S.-based employers announced 43,994 job cuts in October, up 2% from the 43,281 cuts announced in September, according to a report from global outplacement and executive coaching firm Challenger, Gray & Christmas.

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Oil Prices Pick Up as Market Mulls Over Prospects for Middle East Settlement

Oil prices rose, recovering some of the previous session's deep losses as traders assessed the outlook for U.S.-Iran relations following the U.S. midterm elections and recovering oil supplies from the Middle East.

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Why Investors Are Searching for Hope in Home Builders

D.R. Horton, PulteGroup and Lennar have all outperformed since Tuesday's midterm elections.

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U.S. Jobless Claims Slide Lower Again

U.S. initial jobless claims fell to 189,000 in the week through Oct. 31, the Labor Department said. The figure was lower than the 197,000 new claims expected by economists surveyed.

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Where Trump and the Dems Can Meet in the Middle

The Washington consensus is that Congress will be gridlocked for the rest of Trump's presidency. Investors on Wall Street, however, see compromise on the horizon. Healthcare stocks, renewables, and more hang in the balance.

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Norway's Central Bank Holds Key Interest Rate, Signals Readiness to Tighten

Norway's central bank held its key interest rate, but kept open the possibility of further policy tightening should inflation remain high.

(END) Dow Jones Newswires

November 05, 2026 21:15 ET (02:15 GMT)

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