Dow Jones Top Markets Headlines at 11 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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Hedge Funds Dump Positions and Cut Staff as Selloff Deepens

Stock-picking funds unwound their positions last month at the highest rate in over a decade.

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Thailand's Inflation Accelerates Past Central Bank's Target

Thailand's consumer inflation accelerated more than expected in October, exceeding the central bank's target range as higher fuel prices driven by the Middle East conflict pushed up living costs.

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AI Companies Scramble to Navigate a World Hostile to Data Centers

With winning candidates promising moratoriums in key states, data-center builders are weighing their options, from going overseas to building in the desert.

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The JPMorgan Alums Whose Big Bet on AI Stocks Is Being Put to the Test

Phil Scott and Jim Atwood struck out on their own in October in an effort to keep their wealth clients' concentrated portfolios intact.

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Elizabeth Warren's Power in New Senate Is a Wall Street Nightmare

The Democrat is expected to head the Senate Banking Committee, giving her expansive authority over the financial industry.

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Democrats Are Hatching a Plan to Reverse Trump's Canada Tariffs

In states such as Michigan, Maine and Alaska, peeling back the tariffs also has drawn support from some Republicans.

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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 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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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.

 

(END) Dow Jones Newswires

November 05, 2026 23:15 ET (04:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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