News Story



Advance Auto Parts Earnings, Revenue beat in Q4

- Advance Auto Parts reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $1.84 on revenue of $2.27B. Analysts polled by forecast EPS of $1.13 on revenue of $2,103M. That compared to EPS of $0.77 on revenue of $2.04B in the same period a year earlier. The company had reported EPS of $1.89 on revenue of $2.27B in the previous quarter.

For the year, Advance Auto Parts shares are up 79.77%, outperforming the S&P 500 which is up 1.96% year to date.

Advance Auto Parts follows other major Services sector earnings this month


On October 25, Amazon.com reported third quarter EPS of $5.75 on revenue of $56.58B, compared to forecasts of EPS of $3.08 on revenue of $57.11B.

Alibaba earnings missed analyst's expectations on November 2, with second quarter EPS of $1.4 on revenue of $85.15B. analysts expected EPS of $6.85 on revenue of $86.66B

Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar

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U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.49%

– U.S. stocks were mixed after the close on Friday, as gains in the Telecoms, Utilities and Oil&Gas sectors led shares higher while losses in the Consumer Services, Technology and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average added 0.49%, while the S&P 500 index climbed 0.22%, and the NASDAQ Composite index declined 0.15%.

The best performers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 2.53% or 3.18 points to trade at 128.77 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 2.33% or 6.17 points to end at 271.11 and McDonald’s Corporation (NYSE:MCD) was up 2.20% or 4.03 points to 187.59 in late trade.

The worst performers of the session were Walmart Inc (NYSE:WMT), which fell 1.86% or 1.85 points to trade at 97.69 at the close. Boeing Co (NYSE:BA) declined 1.65% or 5.62 points to end at 335.95 and Visa Inc (NYSE:V) was down 1.17% or 1.66 points to 140.18.

The top performers on the S&P 500 were Pacific Gas&Electric Co (NYSE:PCG) which rose 37.54% to 24.40, Edison International (NYSE:EIX) which was up 15.38% to settle at 54.45 and NetApp Inc (NASDAQ:NTAP) which gained 4.38% to close at 71.89.

The worst performers were NVIDIA Corporation (NASDAQ:NVDA) which was down 18.76% to 164.43 in late trade, Nordstrom Inc (NYSE:JWN) which lost 13.66% to settle at 50.93 and Activision Blizzard Inc (NASDAQ:ATVI) which was down 4.89% to 50.94 at the close.

The top performers on the NASDAQ Composite were TESARO Inc (NASDAQ:TSRO) which rose 31.48% to 34.96, EMC Insurance Group Inc (NASDAQ:EMCI) which was up 30.26% to settle at 31.25 and The Dixie Group Inc (NASDAQ:DXYN) which gained 15.98% to close at 0.980.

The worst performers were Rewalk Robotics Ltd (NASDAQ:RWLK) which was down 45.45% to 0.24 in late trade, Limbach Holdings Inc (NASDAQ:LMB) which lost 27.46% to settle at 6.05 and Euroseas Ltd (NASDAQ:ESEA) which was down 25.45% to 1.230 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1606 to 1455 and 96 ended unchanged; on the Nasdaq Stock Exchange, 1386 fell and 1231 advanced, while 106 ended unchanged.

Shares in NVIDIA Corporation (NASDAQ:NVDA) fell to 52-week lows; losing 18.76% or 37.96 to 164.43. Shares in Activision Blizzard Inc (NASDAQ:ATVI) fell to 52-week lows; down 4.89% or 2.62 to 50.94. Shares in McDonald’s Corporation (NYSE:MCD) rose to all time highs; gaining 2.20% or 4.03 to 187.59. Shares in Rewalk Robotics Ltd (NASDAQ:RWLK) fell to all time lows; losing 45.45% or 0.20 to 0.24. Shares in EMC Insurance Group Inc (NASDAQ:EMCI) rose to all time highs; rising 30.26% or 7.26 to 31.25. Shares in Limbach Holdings Inc (NASDAQ:LMB) fell to all time lows; falling 27.46% or 2.29 to 6.05.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.21% to 18.14.

Gold Futures for December delivery was up 1.88% or 22.60 to $1221.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.60% or 0.34 to hit $56.80 a barrel, while the January Brent oil contract rose 0.51% or 0.34 to trade at $66.96 a barrel.

EUR/USD was up 0.76% to 1.1414, while USD/JPY fell 0.70% to 112.86.

The US Dollar Index Futures was down 0.49% at 96.32.

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Stocks - Dow Fails to Avert Weekly Loss Despite Triple-Digit Rally

- The Dow closed lower for the week, despite a rally Friday that came even as the White House reportedly walked backed President Donald Trump's upbeat comments on trade.

The Dow Jones Industrial Average rose 0.49%. The S&P 500 rose 0.26%, while the Nasdaq Composite fell 0.15%.

Wall Street was thrust into rally mode Friday after Trump said he was hopeful the U.S. and China will reach a consensus on trade deal. The White House, however, peddled a more sombre narrative on trade in the wake of Trump's comments, telling CNBC that a deal was not coming soon.

Still, the broader average held their gains, but that did little to avert a weekly loss following a rout in tech.

Facebook (NASDAQ:FB) fell 3% amid the fallout from a New York Times article detailing how the company conspired to cover up warnings that Russia had used the social media platform to disrupt the U.S. election in 2016.

Weakness in tech was exacerbated by a slump in semiconductor stocks as Nvidia's (NASDAQ:NVDA) soft earnings and light guidance, owing to excess inventories (an industry-wide problem for many chipmakers), triggered fire-selling across the industry.

Rival chipmaker Advanced Micro Devices (NASDAQ:AMD) fell 4%, while Applied Materials (NASDAQ:AMAT) was rewarded for its quarterly results, which came in line with consensus. Its share rose 1%.

The Philadelphia Semiconductor Index fell 1%.

Energy added steel to the rally on Friday as oil prices settled flat, but slumped 6% for the week on concerns about a global glut in supplies.

Retailers kept the broader market in check, however, following a rout in both Nordstrom and Williams-Sonoma.

Nordstrom (NYSE:JWN) fell 14% after its earnings and revenues fell short of estimates. The retailer grew comps 2.3% in the third quarter, below estimates for a 2.4% increase.

Williams-Sonoma Inc (NYSE:WSM) was punished for delivering mixed third-quarter results as earnings beat, but revenue missed consensus estimates, sending its shares tumbling 11%.

The pair of quarterly results followed strong quarterly earnings from other retailers this week including Walmart Inc (NYSE:WMT) and Macy’s Inc (NYSE:M), but that did little stop the SPDR S&P Retail (NYSE:XRT) falling 4.5% for the week.

Sentiment on stocks were also lifted by easing concerns about steeper U.S. rate increases after Federal Reserve Vice Chairman Richard Clarida indicated that the U.S. central bank may stop at the neutral rate, rather than continue hiking beyond the neutral rate, which might be interpreted as an effective "rate cut," JPMorgan said in a note to clients.

Top S&P 500 Gainers and Losers Today:

Pacific Gas & Electric Co (NYSE:PCG), Edison International (NYSE:EIX), NetApp Inc (NASDAQ:NTAP) among the top S&P 500 gainers for the session.

NVIDIA Corporation (NASDAQ:NVDA), Nordstrom Inc (NYSE:JWN), Activision Blizzard Inc (NASDAQ:ATVI) among the worst S&P 500 performers of the session.

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Gold Posts Best Weekly Gain in Five on Brexit

- Theresa May could be fighting for her political survival, but the Brexit crisis she's in has thrown gold bulls a lifeline.

Initially resigned to losing the market's $1,200 support level as the week began, fans of the yellow metal not only got to stay in their comfort zone but also saw their best weekly gain in five as hedgers rushed to the relative safely of bullion after the pounding taken by sterling from Britan's EU-exit woes.

COMEX gold futures for December delivery settled up $8, or 0.7%, at $1,223 per troy ounce after running up to $1,225.90 earlier. For the week, it rose 1.4%, its best gain since the week ended Oct. 5.

Bullion bears have hoped to send gold sharply below $1,200, a support in place since September, to exploit further weakness in the $1,100 levels.

"Gold continues steady rally from Brexit worries," said George Gero, precious metals analyst at RBC Wealth Management in New York.

After her unpopular Brexit draft unveiled earlier in the week, UK Prime Minister May was battling to halt a growing revolt from the Tory right as half a dozen more backbenchers came out in favor of a no-confidence vote against her, with signs more MPs would join next week.

The U.K. political drama aside, gold was also propped up by flagging hopes for a US-China trade settlement after a senior Trump administration official was quoted telling Reuters that Beijing's written response to U.S. demands, received earlier this week, was unlikely to result in a deal.

The dollar, a contrarian trade to gold, also contributed to the yellow metal's advance, sliding 0.5%.

Among other precious metals on COMEX, silver rose 3.1% to $14.38 per ounce.

Palladium surged 1.9 % to $1,158.90 per ounce, while sister metal platinum rose 0.3% to $847.70.

In base metals, COMEX copper rose 1.7% to $2.80 per pound.

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Brazil stocks higher at close of trade; Bovespa up 2.94%

– Brazil stocks were higher after the close on Friday, as gains in the Financials, Real Estate and Basic Materials sectors led shares higher.

At the close in Sao Paulo, the Bovespa added 2.94%.

The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 8.65% or 1.99 points to trade at 25.00 at the close. Meanwhile, Braskem SA (SA:BRKM5) added 7.46% or 3.71 points to end at 53.41 and Gerdau SA Pref (SA:GGBR4) was up 7.26% or 1.10 points to 16.25 in late trade.

The worst performers of the session were JBS SA (SA:JBSS3), which fell 1.58% or 0.18 points to trade at 11.22 at the close. Suzano Papel e Celulose SA (SA:SUZB3) declined 1.40% or 0.55 points to end at 38.60 and Cielo SA (SA:CIEL3) was down 0.81% or 0.08 points to 9.75.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 295 to 111 and 35 ended unchanged.

Shares in Centrais Eletricas Brasileiras SA (SA:ELET3) rose to 52-week highs; up 8.65% or 1.99 to 25.00. Shares in Cielo SA (SA:CIEL3) fell to 5-year lows; down 0.81% or 0.08 to 9.75.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 5.20% to 36.44 a new 3-months low.

Gold Futures for December delivery was up 1.94% or 23.30 to $1222.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.55% or 0.31 to hit $56.77 a barrel, while the December US coffee C contract rose 2.48% or 2.73 to trade at $112.78 .

USD/BRL was down 1.06% to 3.7439, while EUR/BRL fell 0.36% to 4.2722.

The US Dollar Index Futures was down 0.49% at 96.32.

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MarketPulse: Retailers Up for Sale as Nordstrom, Williams-Sonoma Plunge

- Retailers were nursing losses heading into the close, led by plunge in Nordstrom and Williams-Sonoma on concerns about soft quarterly earnings and guidance.

Nordstrom (NYSE:JWN) fell 14% after its quarterly results fell short on earnings, revenue and comps. The retailer grew comps 2.3% in the third quarter, below estimates for a 2.4% increase.

The retailer blamed the earnings miss on a non-recurring credit-card-related charge after disclosing that some cardholders with delinquent accounts were erroneously charged higher interest. Excluding that charge, Nordstrom actually beat profit expectations.

But there is little mercy for retail stocks lately, even those like Macy’s (NYSE:M) and Walmart (NYSE:WMT) that had strong results and guidance.

Williams-Sonoma Inc (NYSE:WSM) was punished for revealing a slowdown in comps and compressed margins in the third quarter, sending its shares down more than 11%.

The company recorded third-quarter earnings of $0.95 a share, $0.01 above analysts' estimate of $0.94. Revenue for the quarter came in at $1.36 billion, just below the consensus estimate of $1.37 billion.

RBC singled out slowing comps and compressed margins as headwinds for the company in the quarter, partly driven by delayed product receipts from Chinese port congestion.

Walmart added to losses from a day earlier, when its upbeat quarterly results were overshadowed by concerns over whether the retailer can sustain the pace of growth seen in quarter. Its shares fell 2%.

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Colombia stocks higher at close of trade; COLCAP up 0.33%

– Colombia stocks were higher after the close on Friday, as gains in the Investment, Agriculture and Financials sectors led shares higher.

At the close in Colombia, the COLCAP added 0.33%.

The best performers of the session on the COLCAP were Pfgrupsura (CN:SIS_p), which rose 3.10% or 940.0 points to trade at 31220.0 at the close. Meanwhile, Canacol Energy Ltd (CN:CNE) added 2.56% or 250.0 points to end at 10000.0 and Grupo Nutresa SA (CN:NCH) was up 1.98% or 460.0 points to 23660.0 in late trade.

The worst performers of the session were Corporacion Financiera Colombiana SA (CN:CFV), which fell 2.67% or 560.0 points to trade at 20400.0 at the close. Banco Davivienda Pf (CN:DVI_p) declined 1.82% or 620.0 points to end at 33500.0 and Celsia SA (CN:CEL) was down 1.18% or 50.0 points to 4200.0.

Rising stocks outnumbered declining ones on the Colombia Stock Exchange by 18 to 8 and 2 ended unchanged.

US coffee C for December delivery was up 2.48% or 2.73 to $112.78 . Elsewhere in commodities trading, US cocoa for delivery in March rose 3.05% or 66.00 to hit $2232.00 , while the December Gold Futures contract rose 1.96% or 23.50 to trade at $1222.70 a troy ounce.

USD/COP was down 0.94% to 3168.35, while BRL/COP rose 0.13% to 846.20.

The US Dollar Index Futures was down 0.49% at 96.32.

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Dollar Hurt by Cautious Clarida Remarks, Sterling Rebound

- The dollar swooped lower against its rivals Friday, and looked set to snap a four-week winning streak, after Federal Reserve Vice Chairman Richard Clarida flagged concerns about global growth and delivered somewhat dovish remarks on monetary policy.

The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, rose by 0.46% to 96.35.

Clarida told CNBC on Friday the Fed is getting closer to a neutral rate -- one that neither overstimulates the economy, nor stifles growth -- and cited "some evidence" that global economy is slowing.

Clarida's remarks was viewed as dovish, sending the dollar tumbling, leading some to speculate whether the Fed would pause its gradual rate hikes sooner than expected, despite analysts downplaying the remarks.

RBC said that the market reactions to interpretations of the Fed "seem completely backwards," as there was "nothing in the economic data has shifted the Fed’s growth and inflation outlook."

Economic data offered little in the way of support for the greenback, as industrial production fell short of economists' estimates.

Industrial production, a measure of output at factories, mines and utilities, rose a 0.1% in October, the Federal Reserve said Friday. This was slightly below the 0.2% rise forecast by economists.

A rebound in the pound following its worst slump of the year Thursday also kept a lid on the greenback, as traders were relieved that no additional ministers had resigned from UK Prime Minister Theresa May's government as she prepares to sell her deal to parliament and could face another leadership challenge.

GBP/USD rose 0.45% to $1.2832, EUR/USD rose 0.72% to $1.1410.

USD/JPY traded fell 0.74% to Y112.81 and USD/CAD fell 0.14% to C$$1.3160. The loonie was underpinned by strong oil prices, which rebounded for a third-straight day Friday.

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Spain stocks lower at close of trade; IBEX 35 down 0.18%

– Spain stocks were lower after the close on Friday, as losses in the Financial Services&Real Estate, Chemical, Petroleum&Plastic and Building&Construction sectors led shares lower.

At the close in Madrid, the IBEX 35 lost 0.18%.

The best performers of the session on the IBEX 35 were Melia Hotels (MC:MEL), which rose 2.83% or 0.240 points to trade at 8.720 at the close. Meanwhile, Tecnicas Reunidas (MC:TRE) added 1.67% or 0.370 points to end at 22.500 and Acciona (MC:ANA) was up 1.32% or 1.020 points to 78.440 in late trade.

The worst performers of the session were Inmobiliaria Colonial SA (MC:COL), which fell 2.33% or 0.205 points to trade at 8.595 at the close. Cie Automotive (MC:CIEA) declined 1.61% or 0.360 points to end at 22.040 and BBVA (MC:BBVA) was down 1.33% or 0.066 points to 4.911.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 101 to 63 and 21 ended unchanged.

Gold Futures for December delivery was up 1.91% or 22.90 to $1222.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.12% or 0.07 to hit $56.39 a barrel, while the January Brent oil contract rose 0.02% or 0.01 to trade at $66.63 a barrel.

EUR/USD was up 0.78% to 1.1416, while EUR/GBP rose 0.24% to 0.8891.

The US Dollar Index Futures was down 0.50% at 96.31.

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Netherlands stocks lower at close of trade; AEX down 0.47%

– Netherlands stocks were lower after the close on Friday, as losses in the Industrials, Telecoms and Financials sectors led shares lower.

At the close in Amsterdam, the AEX fell 0.47%.

The best performers of the session on the AEX were Galapagos NV (AS:GLPG), which rose 1.17% or 1.060 points to trade at 91.380 at the close. Meanwhile, ASR Nederland NV (AS:ASRNL) added 0.65% or 0.26 points to end at 40.14 and Unilever NV DRC (AS:UNc) was up 0.65% or 0.32 points to 49.04 in late trade.

The worst performers of the session were ASML Holding NV (AS:ASML), which fell 2.99% or 4.56 points to trade at 147.74 at the close. Altice NV (AS:ATCA) declined 2.13% or 0.05 points to end at 2.11 and ABN AMRO Group NV (AS:ABNd) was down 1.96% or 0.45 points to 22.46.

Falling stocks outnumbered advancing ones on the Amsterdam Stock Exchange by 69 to 55 and 15 ended unchanged.

The AEX Volatility, which measures the implied volatility of AEX options, was down 10.61% to 15.89.

Crude oil for December delivery was down 0.39% or 0.22 to $56.24 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.23% or 0.15 to hit $66.47 a barrel, while the December Gold Futures contract rose 1.94% or 23.30 to trade at $1222.50 a troy ounce.

EUR/USD was up 0.78% to 1.1416, while EUR/GBP rose 0.20% to 0.8888.

The US Dollar Index Futures was down 0.50% at 96.31.

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Finland stocks higher at close of trade; OMX Helsinki 25 up 0.62%

– Finland stocks were higher after the close on Friday, as gains in the Oil&Gas, Utilities and Telecoms sectors led shares higher.

At the close in Helsinki, the OMX Helsinki 25 gained 0.62%.

The best performers of the session on the OMX Helsinki 25 were DNA Oyj (HE:DNAO), which rose 2.22% or 0.4000 points to trade at 18.4100 at the close. Meanwhile, Huhtamaki Oyj (HE:HUH1V) added 1.67% or 0.42 points to end at 25.58 and Neste Oil Oyj (HE:NESTE) was up 1.67% or 1.18 points to 71.96 in late trade.

The worst performers of the session were Metsa Board Oyj B (HE:METSB), which fell 1.30% or 0.090 points to trade at 6.855 at the close. Wartsila Oyj Abp (HE:WRT1V) declined 0.40% or 0.06 points to end at 14.80 and KONE Oyj (HE:KNEBV) was down 0.25% or 0.11 points to 43.23.

Rising stocks outnumbered declining ones on the Helsinki Stock Exchange by 85 to 64 and 13 ended unchanged.

Brent oil for January delivery was down 0.44% or 0.29 to $66.33 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.60% or 0.34 to hit $56.12 a barrel, while the December Gold Futures contract rose 1.94% or 23.30 to trade at $1222.50 a troy ounce.

EUR/USD was up 0.79% to 1.1418, while EUR/GBP rose 0.20% to 0.8888.

The US Dollar Index Futures was down 0.53% at 96.28.

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Belgium stocks higher at close of trade; BEL 20 up 0.10%

– Belgium stocks were higher after the close on Friday, as gains in the Consumer Goods, Basic Materials and Industrial Engineering sectors led shares higher.

At the close in Brussels, the BEL 20 rose 0.10%.

The best performers of the session on the BEL 20 were Ontex Group (BR:ONTEX), which rose 1.28% or 0.23 points to trade at 18.22 at the close. Meanwhile, Galapagos NV (AS:GLPG) added 1.17% or 1.060 points to end at 91.380 and Ageas (BR:AGES) was up 1.07% or 0.470 points to 44.250 in late trade.

The worst performers of the session were Aperam SA (AS:APAM), which fell 1.65% or 0.43 points to trade at 25.70 at the close. Solvay SA (BR:SOLB) declined 0.96% or 1.00 points to end at 102.80 and Telenet Group Holding NV (BR:TNET) was down 0.88% or 0.38 points to 42.56.

Falling stocks outnumbered advancing ones on the Brussels Stock Exchange by 63 to 50 and 13 ended unchanged.

Shares in Aperam SA (AS:APAM) fell to 3-years lows; down 1.65% or 0.43 to 25.70.

Gold Futures for December delivery was up 1.89% or 22.70 to $1221.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.46% or 0.26 to hit $56.72 a barrel, while the January Brent oil contract rose 0.51% or 0.34 to trade at $66.96 a barrel.

EUR/USD was up 0.71% to 1.1408, while EUR/GBP rose 0.12% to 0.8881.

The US Dollar Index Futures was down 0.47% at 96.34.

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U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.44%

– U.K. stocks were lower after the close on Friday, as losses in the Construction&Materials, Oil Equipment Services&Distribution and Life Insurance/Assurance sectors led shares lower.

At the close in London, the United Kingdom 100 lost 0.44%.

The best performers of the session on the United Kingdom 100 were Micro Focus International PLC (LON:MCRO), which rose 3.76% or 53.00 points to trade at 1463.50 at the close. Meanwhile, Paddy Power Betfair PLC (LON:PPB) added 3.52% or 245.00 points to end at 7205.00 and Rio Tinto PLC (LON:RIO) was up 2.88% or 109.50 points to 3910.00 in late trade.

The worst performers of the session were Royal Bank of Scotland Group PLC (LON:RBS), which fell 3.26% or 7.30 points to trade at 216.90 at the close. Royal Mail PLC (LON:RMG) declined 2.89% or 9.40 points to end at 316.00 and Travis Perkins PLC (LON:TPK) was down 2.71% or 28.00 points to 1004.50.

Falling stocks outnumbered advancing ones on the London Stock Exchange by 1170 to 862 and 325 ended unchanged.

Shares in Royal Bank of Scotland Group PLC (LON:RBS) fell to 52-week lows; losing 3.26% or 7.30 to 216.90. Shares in Royal Mail PLC (LON:RMG) fell to all time lows; falling 2.89% or 9.40 to 316.00.

Gold Futures for December delivery was up 1.89% or 22.70 to $1221.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.60% or 0.34 to hit $56.80 a barrel, while the January Brent oil contract rose 0.65% or 0.43 to trade at $67.05 a barrel.

GBP/USD was up 0.56% to 1.2845, while EUR/GBP rose 0.12% to 0.8881.

The US Dollar Index Futures was down 0.47% at 96.34.

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Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.65%

– Sweden stocks were higher after the close on Friday, as gains in the Consumer Services, Telecoms and Financials sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 gained 0.65%.

The best performers of the session on the OMX Stockholm 30 were Tele2 AB (ST:TEL2b), which rose 2.85% or 2.95 points to trade at 106.30 at the close. Meanwhile, Securitas AB ser. B (ST:SECUb) added 2.59% or 3.90 points to end at 154.20 and Essity AB B (ST:ESSITYb) was up 2.37% or 5.20 points to 224.80 in late trade.

The worst performers of the session were AstraZeneca PLC (ST:AZN), which fell 1.35% or 10.0 points to trade at 729.4 at the close. Swedish Match AB (ST:SWMA) declined 0.90% or 3.7 points to end at 406.3 and AB SKF B (ST:SKFb) was down 0.89% or 1.2 points to 139.6.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 360 to 272 and 43 ended unchanged.

Crude oil for December delivery was up 0.60% or 0.34 to $56.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.57% or 0.38 to hit $67.00 a barrel, while the December Gold Futures contract rose 1.87% or 22.40 to trade at $1221.60 a troy ounce.

EUR/SEK was up 0.18% to 10.2864, while USD/SEK fell 0.51% to 9.0178.

The US Dollar Index Futures was down 0.46% at 96.35.

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Morocco stocks lower at close of trade; Moroccan All Shares down 0.09%

– Morocco stocks were lower after the close on Friday, as losses in the Forestry&Paper, Mining and Holding Companies sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.09%.

The best performers of the session on the Moroccan All Shares were Micro Data SA (CS:MIC), which rose 5.96% or 14.90 points to trade at 265.00 at the close. Meanwhile, Oulmes (CS:OULM) added 5.88% or 80 points to end at 1440 and Promopharm S.A. (CS:PRO) was up 5.85% or 57 points to 1032 in late trade.

The worst performers of the session were Med Paper (CS:PAP), which fell 7.48% or 1.74 points to trade at 21.52 at the close. BMCI (CS:BMCI) declined 6.82% or 49 points to end at 670 and Managem (CS:MNG) was down 6.67% or 75 points to 1050.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 18 to 15 and 9 ended unchanged.

Shares in BMCI (CS:BMCI) fell to 52-week lows; down 6.82% or 49 to 670. Shares in Managem (CS:MNG) fell to 52-week lows; losing 6.67% or 75 to 1050.

Crude oil for December delivery was up 0.53% or 0.30 to $56.76 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.53% or 0.35 to hit $66.97 a barrel, while the December Gold Futures contract rose 1.85% or 22.20 to trade at $1221.40 a troy ounce.

EUR/MAD was up 0.31% to 10.8200, while USD/MAD fell 0.42% to 9.4841.

The US Dollar Index Futures was down 0.46% at 96.35.

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Greece stocks lower at close of trade; Athens General Composite down 0.78%

– Greece stocks were lower after the close on Friday, as losses in the Travel, Media and Retail sectors led shares lower.

At the close in Athens, the Athens General Composite fell 0.78%.

The best performers of the session on the Athens General Composite were Crete Plastics SA (AT:PLAKR), which rose 7.56% or 0.900 points to trade at 12.900 at the close. Meanwhile, Iaso (AT:IASr) added 4.73% or 0.040 points to end at 0.886 and Alpha Bank SA (AT:ACBr) was up 2.02% or 0.024 points to 1.212 in late trade.

The worst performers of the session were Public Power (AT:DEHr), which fell 4.51% or 0.06 points to trade at 1.27 at the close. Eurobank Ergasias SA (AT:EURBr) declined 4.45% or 0.0226 points to end at 0.4854 and Attica Bank SA (AT:BOAr) was down 3.93% or 0.005 points to 0.127.

Falling stocks outnumbered advancing ones on the Athens Stock Exchange by 68 to 34 and 16 ended unchanged.

Shares in Eurobank Ergasias SA (AT:EURBr) fell to 52-week lows; falling 4.45% or 0.0226 to 0.4854.

Gold Futures for December delivery was up 1.85% or 22.20 to $1221.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.45% or 0.82 to hit $57.28 a barrel, while the January Brent oil contract rose 1.37% or 0.91 to trade at $67.53 a barrel.

EUR/USD was up 0.67% to 1.1404, while EUR/GBP rose 0.16% to 0.8884.

The US Dollar Index Futures was down 0.45% at 96.36.

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Turkey stocks higher at close of trade; BIST 100 up 0.34%

– Turkey stocks were higher after the close on Friday, as gains in the Tourism, Information Technology and Banking sectors led shares higher.

At the close in Istanbul, the BIST 100 added 0.34%.

The best performers of the session on the BIST 100 were Turcas Petrol AS (IS:TRCAS), which rose 13.38% or 0.190 points to trade at 1.610 at the close. Meanwhile, ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS) added 5.93% or 0.160 points to end at 2.860 and TAV Havalimanlari Holding (IS:TAVHL) was up 5.44% or 1.28 points to 24.80 in late trade.

The worst performers of the session were Vakif Gayrimenkul Yatirim Ortakligi AS (IS:VKGYO), which fell 7.37% or 0.160 points to trade at 2.010 at the close. ICBC Turkey Bank AS (IS:ICBCT) declined 6.20% or 0.500 points to end at 7.560 and Anadolu Cam Sanayi AS (IS:ANACM) was down 3.30% or 0.100 points to 2.930.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 189 to 154 and 64 ended unchanged.

Gold Futures for December delivery was up 1.83% or 22.00 to $1221.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.09% or 1.18 to hit $57.64 a barrel, while the January Brent oil contract rose 1.91% or 1.27 to trade at $67.89 a barrel.

USD/TRY was down 0.11% to 5.3463, while EUR/TRY rose 0.44% to 6.0966.

The US Dollar Index Futures was down 0.41% at 96.39.

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General Electric Falls 3%

- General Electric (NYSE:GE) fell by 3.46% to trade at $7.89 by 10:03 (15:03 GMT) on Friday on the NYSE exchange.

The volume of General Electric shares traded since the start of the session was 28.63M. General Electric has traded in a range of $7.87 to $8.20 on the day.

The stock has traded at $9.3400 at its highest and $7.7200 at its lowest during the past seven days.

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Stocks - Wall Street Falls on Trade, Earnings Guidance Concerns

- Wall Street opened lower on Friday, as concerns over trade and disappointing earnings guidance dampened market sentiment.

The S&P 500 fell 13 points, or 0.49%, to 2,716.74 as of 9:35 AM ET (14:35 GMT), while the Dow dipped 102 points, or 0.41%, to 25,186.45 and the tech-heavy Nasdaq Composite was down 68 points, or 0.95%, to 7,190.18.

Chipmaker and broader technology stocks were under pressure, after Nvidia (NASDAQ:NVDA) forecast a fall in chip sales for the holiday quarter as demand for Apple (NASDAQ:AAPL) products waned. Shares of Nvidia plunged 19%, while Apple dipped 0.76% and Advanced Micro Devices (NASDAQ:AMD) fell 7%.

Amazon.com (NASDAQ:AMZN) fell 2.52%, while Facebook (NASDAQ:FB) decreased 3.42% on growing concerns over how the social media network manages community standards and posts.

Hopes of a trade deal between the U.S. and China receded after a White House official told Reuters on Thursday that China’s written response to U.S. demands for trade reform are unlikely to lead to a deal. U.S. President Donald Trump and Chinese President Xi Jinping are expected to talk about trade disagreements at the G20 summit later this month.

Elsewhere, BlackBerry (NYSE:BB) rose 1.64% on news that it is acquiring artificial intelligence and cybersecurity company Cylance in a $1.4 billion cash deal. Pacific Gas & Electric (NYSE:PCG) jumped 37% after a report that the California Public Utilities Commission does not want the the company to go into bankruptcy should it be found responsible for the wildfire in northern California.

In commodities, gold futures rose 2.17% to $1,225.20 a troy ounce, while crude oil surged 1.75% to $57.45 a barrel on news that OPEC could curb its production output. The U.S. dollar index, which measures the greenback against a basket of six major currencies, decreased 0.53% to 96.28.

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U.S. Industrial Production Rises in October

- U.S. industrial production rose in October, according to data released on Friday.

The Federal Reserve reported that industrial output rose 0.1% last month after gaining 0.2% in September.

Economists had forecast industrial production rising 0.2%.

September's 0.2% advance was revised down from an initial 0.3% increase.

Meanwhile, manufacturing production increased 0.3% in October, in line with the previous month’s gain and above the consensus estimate of 0.2%.

September's 0.3% rise was an upward revision from an initial increase of 0.2%.

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Bitcoin Rises After Selloff; Other Cryptos Broadly Higher

- Cryptocurrency prices recovered somewhat Friday, as Bitcoin rallied after two days of losses.

Bitcoin gained 1.62% to $5,695.00 on the Bitfinex exchange, as of 8:55 AM ET (13:55 GMT). The digital coin slumped 12% on Wednesday and still remains below its two-month average of the $6,000 range.

While the exact reason for the selloff remains uncertain, some analysts speculated that it was due to a hard fork of Bitcoin cash on Thursday.

BCH/USD slumped 44.11% to $250.00.

Cryptocurrencies overall were higher, with the total coin market capitalization at $184 billion at the time of writing, compared to $179 billion on Thursday, but remained below last week’s high of $220 billion.

Ethereum, or Ether, increased 1.25% to $180.63 and Litecoin was at $42.880, up 2.24%, while XRP gained 4.85% to $0.47844.

In other news, chipmaker Nvidia (NASDAQ:NVDA) slumped 18% as the company forecast a drop in fourth-quarter revenue. The company’s gaming cards are popular with cryptocurrency miners, but as popularity in digital currencies wanes, demand for the product has decreased.

“Near-term results reflect excess channel inventory post the cryptocurrency boom, which will be corrected,” Nividia CEO Jensen Huang said in a statement.

Meanwhile, Japan’s Financial Services Agency plans to regulate virtual coin wallets. Currently only companies that buy and sell digital coins are required to register with the agency.

The agency argues that wallets are like bank accounts and should fall under their jurisdiction. At the moment, Japanese law does not apply to the wallet service providers because they do not trade in digital currencies.

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Top 5 Things to Know in the Market on Friday

- Here are the top five things you need to know in financial markets on Friday, November 16:

1. Pound steady even as UK PM may face confidence vote

The pound registered slight gains against the dollar on Friday, recovering slightly after its worst daily decline since October 2016 in the prior session, as uncertainty over a deal between the UK and the European Union over Brexit skyrocketed, with British Prime Minister Theresa May “likely” facing a vote of no confidence.

Sky News reported that government officials have been told to cancel engagements and return to London in preparation for the vote which requires a motion from just 48 officials. The threshold is expected to be reached later on Friday with a vote reported to be likely next Tuesday.

The hostility from government and opposition lawmakers raised the risk that the deal would be rejected in the UK parliament, and that Britain could leave the EU on March 29 without a safety net.

Sterling hovered near Thursday’s lows of lows of $1.2722 and €1.1247.

2. China trade “talks” have not halted U.S. tariff plan

Recent hopes that trade tension between China and the U.S. may be receding on reports of continuing talks ahead of U.S. President Donald Trump and Chinese President Xi Jinping at the G20 summit later this month began to fade as officials deemed a deal to be unlikely.

A senior Trump administration official told Reuters on Thursday that China’s written response to U.S. demands for trade reforms, received earlier this week, was unlikely to trigger a breakthrough deal.

U.S. Trade Representative Robert Lighthizer on Thursday denied a report that he had told some industry executives that another round of tariffs on Chinese imports had been put on hold as the two nations pursue talks.

“The plan for the tariffs ... has not changed at all. Any reports to the contrary are incorrect," a spokesperson for Lighthizer’s office said in a statement.

3. Nvidia’s disappointing outlook hammers chip stocks

Nvidia forecast disappointing sales of its chips for the holiday quarter in a woeful reminder of reported weakness in Apple (NASDAQ:AAPL) suppliers, sending tech stocks in the semiconductor sector sprawling.

Shares of Nvidia (NASDAQ:NVDA) plunged 17% in Friday’s pre-market trade tainting Advanced Micro Devices (NASDAQ:AMD) with losses of 5%.

Friday’s earnings schedule will be sparse with the focus on Viacom (NASDAQ:VIAB) whose results are expected ahead of the opening bell.

4. Nasdaq expected to lead losses on Wall Street

As hopes for a thawing of trade tension between the U.S. and China fade to the background and uncertainty surrounding a possible Brexit deal between the UK and EU rise, U.S. futures pointed to a lower open on Wall Street. Nvidia’s disappointing outlook hit sentiment on tech stocks with the Nasdaq expected to lead the losses.

At 5:54 AM ET (10:54 GMT), the blue-chip Dow futures fell 89 points, or 0.35%, S&P 500 futures lost 14 points, or 0.49%, while the Nasdaq 100 futures traded down 78 points, or 1.16%.

Elsewhere, European stocks struggled to recover after a rough week where Brexit tensions and worries over the Italian budget sent shares sprawling. Investors remained cautious as they waited for the UK to make a move on whether to oust Theresa May from power.

Earlier, Asian share markets ended mixed on Friday as hopes for a thaw in the Sino-U.S. trade standoff were tempered by disappointing results from chipmaker Nvidia which slugged the tech sector.

5. Oil rebounds as attention turns to hopes for output cuts

Oil prices surged on Friday, recovering part of a sharp weekly decline, as attention began to turn to hopes that OPEC would be able to reach a meaningful deal to cut output and tackle rising supply at its policy meeting in Vienna on Dec. 6.

U.S. crude was on the rise for a third consecutive session paring weekly losses to below 5% as reports on Wednesday suggested that OPEC was mulling a plan with Russia and other allies to cut production by 1.4 million barrels in order to reign in the recent decline in prices and rebalance the market.

Concerns of oversupply will remain in the spotlight as investors keep an eye on a measure of future output stateside with Baker Hughes’ weekly data out at 1:00 PM (18:00 GMT) Friday.

The U.S. rig count rose by 8 to 874 last week, the highest level since March 2015, according to the oilfield services firm.

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India stocks higher at close of trade; Nifty 50 up 0.62%

– India stocks were higher after the close on Friday, as gains in the Technology, Green Energy and Healthcare sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.62% to hit a new 1-month high, while the BSE Sensex 30 index climbed 0.56%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 9.10% or 27.70 points to trade at 332.75 at the close. Meanwhile, HCL Technologies Ltd (NS:HCLT) added 3.36% or 33.25 points to end at 1022.20 and Eicher Motors Ltd. (NS:EICH) was up 3.55% or 850.75 points to 24735.00 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 6.49% or 13.35 points to trade at 191.00 at the close. Indiabulls Housing Finance Ltd (NS:INBF) declined 4.95% or 39.85 points to end at 766.20 and Tata Steel Ltd (NS:TISC) was down 2.50% or 14.75 points to 574.10.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 9.81% to 333.60, Reliance Industries Ltd (BO:RELI) which was up 2.79% to settle at 1127.50 and Hero MotoCorp Ltd (BO:HROM) which gained 1.81% to close at 2970.00.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 7.14% to 191.30 in late trade, Tata Steel Ltd (BO:TISC) which lost 2.47% to settle at 574.10 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 2.02% to 7332.05 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 941 to 635 and 70 ended unchanged; on the Bombay Stock Exchange, 1473 fell and 1073 advanced, while 139 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.57% to 18.3500.

Gold Futures for December delivery was up 1.39% or 16.70 to $1215.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.09% or 1.18 to hit $57.64 a barrel, while the January Brent oil contract rose 2.28% or 1.52 to trade at $68.14 a barrel.

USD/INR was down 0.03% to 71.855, while EUR/INR fell 0.10% to 81.3925.

The US Dollar Index Futures was up 0.08% at 96.87.

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Gold Prices Rise amid Trade, Brexit Risk

- Gold prices were higher on Friday as investors moved to risk-averse assets amid Brexit turmoil and trade war concerns.

Comex gold futures for December delivery increased 1.43% to $1,216.30 a troy ounce as of 5:04 AM ET (10:04 GMT).

Uncertainty over Prime Minister Theresa May’s proposed Brexit deal lingered after Brexit minister Dominic Raab resigned on Thursday.

Raab said he could not support the prime minister’s support terms of the the draft.

Meanwhile traders are also keeping an eye on trade war developments between the U.S. and China. A White House official told Reuters on Thursday that China’s written response to U.S. demands for trade reform are unlikely to lead to a deal in talks between U.S. President Donald Trump and Chinese President Xi Jinping at the G20 summit later this month.

Still, tariffs on $200 billion of Chinese goods is set to increase to 25% from 10% on Jan. 1.

A flat dollar also helped lift sentiment for the precious metal.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, inched up 0.03% to 96.82.

The precious metal usually falls as the dollar rises, as it is denominated in the U.S. currency and is sensitive to moves in the dollar. Bullion becomes more expensive for holders of other currencies when the dollar rises and cheaper when it falls.

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Oil Prices Pare Sharp Weekly Decline Ahead of Data on U.S. Drilling Activity

- Oil prices moved higher on Friday, recovering for a third straight session and paring a sharp weekly decline, as bullish hopes center on hopes for an OPEC-led production cut and investors awaited the latest reading on weekly oil rig activity in the U.S.

New York-traded West Texas Intermediate crude futures gained 65 cents, or 1.15%, at $57.11 a barrel by 4:07 AM ET (9:07 GMT).

Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., rose 87 cents, or 1.31%, to $67.49.

Even with Friday’s third straight gain, both barrels were on track for weekly losses of nearly 5% and 4%, respectively. The barrel of West Texas Intermediate oil is off more than 25% since hitting a 4-year high at the beginning of October as increasing signs of growing output from key producers - mainly the U.S., Saudi Arabia and Russia - have sparked growing concerns of oversupply amid waning demand.

The International Energy predicted this week that demand from non-OECD countries would diminish next year, while OPEC’s monthly report released on Tuesday admitted that the cartel forecast demand for its oil to fall faster than expected in 2019.

The Energy Information Administration said on Thursday that U.S. weekly production hit a fresh record high of 11.7 million barrels per day, while U.S. crude stockpiles registered there largest increase in 21 months.

With that in mind, investors looked ahead to a measure of future output stateside with Baker Hughes’ weekly data out at 1:00 PM (18:00 GMT) Friday.

The U.S. rig count rose by 8 to 874 last week, the highest level since March 2015, according to the oilfield services firm.

Helping to support the current three-day rebound, reports on Wednesday suggested that OPEC was mulling a plan with Russia and other allies to cut production by 1.4 million barrels in order to reign in the recent decline in prices and rebalance the market.

OPEC will hold its policy-setting meeting on Dec. 6 in Vienna.

In other energy trading, gasoline futures advanced 0.89% to $1.5705 a gallon by 4:11 AM ET (9:11 GMT), while heating oil rose 0.52% to $2.0848 a gallon.

Lastly, natural gas futures traded down 0.22% to $4.029 per million British thermal units.

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Japan stocks lower at close of trade; Nikkei 225 down 0.57%

– Japan stocks were lower after the close on Friday, as losses in the Chemical, Petroleum&Plastic, Services and Glass sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 0.57%.

The best performers of the session on the Nikkei 225 were Sumitomo Dainippon Pharma Co Ltd (T:4506), which rose 4.85% or 136.0 points to trade at 2938.0 at the close. Meanwhile, Inpex Corp. (T:1605) added 2.81% or 34.5 points to end at 1263.5 and Chugai Pharmaceutical Co., Ltd. (T:4519) was up 2.61% or 180.0 points to 7080.0 in late trade.

The worst performers of the session were Showa Denko K.K. (T:4004), which fell 8.61% or 400.0 points to trade at 4245.0 at the close. SUMCO Corp. (T:3436) declined 7.96% or 131.0 points to end at 1515.0 and Tokai Carbon Co., Ltd. (T:5301) was down 7.62% or 123.0 points to 1492.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2479 to 1036 and 174 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.30% to 22.60.

Crude oil for December delivery was up 1.59% or 0.90 to $57.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.65% or 1.10 to hit $67.72 a barrel, while the December Gold Futures contract rose 0.24% or 2.90 to trade at $1217.90 a troy ounce.

USD/JPY was down 0.31% to 113.30, while EUR/JPY rose 0.01% to 128.75.

The US Dollar Index Futures was down 0.14% at 96.66.

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China stocks higher at close of trade; Shanghai Composite up 0.41%

– China stocks were higher after the close on Friday, as gains in the Technology Hardware&Equipment, Real Estate Investments&Services and Technology sectors led shares higher.

At the close in Shanghai, the Shanghai Composite added 0.41% to hit a new 1-month high, while the SZSE Component index climbed 0.75%.

The best performers of the session on the Shanghai Composite were Zhejiang Shenghua Biok Biology Co Ltd (SS:600226), which rose 10.12% or 0.340 points to trade at 3.700 at the close. Meanwhile, Ningbo Yunsheng Co Ltd (SS:600366) added 10.09% or 0.570 points to end at 6.220 and Shang Gong Group Co Ltd B (SS:900924) was up 10.06% or 0.067 points to 0.733 in late trade.

The worst performers of the session were Sichuan Minjiang Hydropower Co Ltd (SS:600131), which fell 10.02% or 1.200 points to trade at 10.780 at the close. Hua Xin Cement (SS:900933) declined 7.28% or 0.139 points to end at 1.770 and Shanghai Yahong Moulding Co Ltd (SS:603159) was down 3.91% or 0.810 points to 19.880.

The top performers on the SZSE Component were Sichuan Shuangma Cement Co Ltd (SZ:000935) which rose 10.02% to 18.12, GuangDong Huasheng Electrical Appliances Co Ltd (SZ:002670) which was up 10.01% to settle at 11.32 and Do-Fluoride Chemicals Co Ltd (SZ:002407) which gained 9.97% to close at 11.80.

The worst performers were Vtron Technologies Ltd (SZ:002308) which was down 10.05% to 5.280 in late trade, Jiangsu Shagang Co Ltd (SZ:002075) which lost 10.01% to settle at 14.48 and Zhonghong Holding Co Ltd (SZ:000979) which was down 9.46% to 0.67 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 952 to 438 and 83 ended unchanged.

Shares in Jiangsu Shagang Co Ltd (SZ:002075) fell to 52-week lows; falling 10.01% or 1.61 to 14.48. Shares in Zhonghong Holding Co Ltd (SZ:000979) fell to 5-year lows; losing 9.46% or 0.07 to 0.67.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 31.99.

Gold Futures for December delivery was up 1.42% or 17.00 to $1216.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.81% or 0.46 to hit $56.92 a barrel, while the January Brent oil contract rose 0.99% or 0.66 to trade at $67.28 a barrel.

USD/CNY was up 0.03% to 6.9414, while EUR/CNY rose 0.27% to 7.8805.

The US Dollar Index Futures was down 0.05% at 96.74.

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Gold Prices Flat; Brexit Concerns in Focus

- Gold prices remained flat on Thursday. Brexit fears took centre stage after UK Brexit Minister Dominic Raab resigned, adding to uncertainty over whether Prime Minister Theresa May's proposed Brexit deal will win parliamentary approval.

Gold futures for December delivery on the Comex division of the New York Mercantile Exchange was little changed at $1,215.3 a troy ounce by 1:26 AM ET (06:26 GMT).

Raab, in a letter to the prime minister, said he could not support terms of her draft Brexit plan.

"For my part, I cannot support the deal for two reasons," Raab said in a letter. "First, I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom."

"Secondly," he added, "I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit."

Without a deal, the U.K. would move from seamless trade with the EU to customs arrangements set by the World Trade Organization for external states.

Meanwhile, better-than-expected retail sales figure released on Thursday failed to lift the dollar.

The U.S. dollar index that tracks the greenback against a basket of other currencies was down 0.1% at 96.79.

The Commerce Department said on Thursday that core retail sales rose 0.7% last month, above economists’ forecast for a 0.5% rise, signalling ongoing strength in consumer spending.

The U.S. Department of Labor, meanwhile, reported Thursday that initial jobless claims rose by 2,000 to a seasonally adjusted 216,000 for the week ended Nov. 10, in line with economists’ forecasts.

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Pound Rises Despite Brexit Crisis; Yen Gains

- The British pound rose on Thursday despite concerns that political turmoil in the U.K. could see it leave the EU on March 29 without a safety net.

The GBP/USD pair rose 0.2% to 1.2799 by 12:45 AM ET (05:45 GMT) even after multiple important ministers in the U.K., including Brexit Secretary Dominic Raab, resigned from Prime Minister Theresa May's government.

At least 16 members of her own Conservative Party have called for a vote of no confidence in May, citing dissatisfaction with her proposals, the CNBC reported.

Without a deal, the U.K. would move from seamless trade with the EU to customs arrangements set by the World Trade Organization for external states.

Sterling would sink as a result while bond yields on U.K. debt would also likely fall.

Meanwhile, the safe-haven yen has benefited from a deepening Brexit crisis and traded higher on Thursday. The USD/JPY pair dropped 0.3% to 113.4.

Elsewhere, the U.S. dollar index that tracks the greenback against a basket of other currencies was down 0.1% to 96.79.

The Commerce Department said on Thursday that core retail sales rose 0.7% last month, above economists’ forecast for a 0.5% rise, signalling ongoing strength in consumer spending.

The U.S. Department of Labor, meanwhile, reported Thursday that initial jobless claims rose by 2,000 to a seasonally adjusted 216,000 for the week ended Nov. 10, in line with economists’ forecasts.

The USD/CNY pair was little changed at 6.9410 as the People's Bank of China (PBOC) set the yuan reference rate at 6.9377 vs the previous day's fix of 6.9402.

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New Regulations Send Shares of Wisdom Education Down Almost 15%

- The Hong Kong shares of Chinese schools group Wisdom Education International Holdings Co Ltd (HK:6068) plummeted 14.96% to HK$3.58 on Friday morning, a day after Beijing announced new regulations on pre-school education.

Education stocks fell after Beijing condemned kindergartens for their “excessive profit-seeking behavior” and banned private kindergartens from seeking public listings on their own or as part of a portfolio.

Another education company, China Maple Leaf Educational Systems Ltd (HK:1317) also saw its shares plunge by 16.89% to HK$3.69, while the shares of China Yuhua Education Corp Ltd (HK:6169) dropped 12.47% to HK$3.37.

The new regulations put a brake on the country’s booming private education market, which is expected to grow from CNY2.9 trillion in 2016 to CNY4.9 trillion by 2020, according to Frost & Sullivan forecasts quoted by the South China Morning Post.

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Asian Stocks Slip as Ross Says U.S. Still Plans to Raise Imports on China

- Asian stocks slipped on Friday following reports that U.S. Commerce Secretary Wilbur Ross said Washington is still planning to impose tariffs on Chinese imports in January.

Ross added that President Donald Trump is probably only willing to agree to a “framework” for future discussion on trade with China’s Xi Jinping when they meet during the G-20 summit this month.

“The big event is going to be the one-on-one meeting with President Trump and President Xi at the G-20 down in Argentina. All this other stuff is just preparatory until that. That’ll set if there is going to be a real framework," said Ross.

The two presidents are not expected to “get into intimate details -- how much LNG and how much this and that. It’s going to be big picture, but if it goes well, it’ll set the framework for going forward," he added. “We certainly won’t have a full formal deal by January. Impossible.”

Ross also noted the U.S. is still planning to increase tariffs on some $200 billions in Chinese imports to 25%.

Overnight, U.S. stocks rebounded and rose for the first time in six days as JPMorgan Chase & Co (NYSE:JPM) led banks higher and iPhone maker Apple (NASDAQ:AAPL) jumped after falling into bear territory earlier this week.

The Dow Jones Industrial Average finished the day up 208.77 points at 25,289.27. The S&P 500 rose more than 1% while the Nasdaq Composite added 1.7%.

Brexit uncertainties remained in focus after multiple important ministers, including Brexit Secretary Dominic Raab, resigned from Prime Minister Theresa May's government.

At least 16 members of her own Conservative Party have openly called for a vote of no confidence in May, citing dissatisfaction with her proposals to leave the European Union.

The news came after May secured backing from her cabinet for a withdrawal agreement with the E.U. on Wednesday.

“The collective decision of cabinet was that the government should agree the draft withdrawal agreement and the outline political declaration,” she said.

In Asia, China’s Shanghai Composite and the Shenzhen Component slipped 0.1% and 0.3% respectively by 9:45 PM ET (02:45 GMT). Hong Kong’s Hang Seng Index traded 0.6% lower.

Japan’s Nikkei 225 slid 0.3%. South Korea’s KOSPI was little changed at 2087.3.

Down under, Australia’s ASX 200 inched up 0.1%.

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Applied Materials Earnings inline, Revenue beats In Q4

- Applied Materials (NASDAQ:AMAT) reported fourth quarter earnings that matched analysts' expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $0.97 on revenue of $4.01B. Analysts polled by anticipated EPS of $0.97 on revenue of $4B. That compared to EPS of $0.93 on revenue of $3.97B in the same period a year earlier. The company had reported EPS of $1.2 on revenue of $4.47B in the previous quarter.

For the year, Applied Materials shares are down 31.49%, under-performing the S&P 500 which is up 1.73% year to date.

Applied Materials follows other major Technology sector earnings this month


On November 1, Apple reported fourth quarter EPS of $2.91 on revenue of $62.9B, compared to forecasts of EPS of $2.78 on revenue of $61.46B.

Microsoft earnings beat analyst's expectations on October 24, with first quarter EPS of $1.14 on revenue of $29.08B. analysts expected EPS of $0.96 on revenue of $27.88B

Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar

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NVIDIA Earnings beat, Revenue misses In Q3

- NVIDIA (NASDAQ:NVDA) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.

The firm reported earnings per share of $1.84 on revenue of $3.18B. Analysts polled by forecast EPS of $1.72 on revenue of $3.24B. That compared to EPS of $1.33 on revenue of $2.64B in the same period a year earlier. The company had reported EPS of $1.76 on revenue of $3.12B in the previous quarter.

For the year, NVIDIA shares are up 4.59%, outperforming the S&P 500 which is up 1.73% year to date.

NVIDIA follows other major Technology sector earnings this month


On November 1, Apple reported fourth quarter EPS of $2.91 on revenue of $62.9B, compared to forecasts of EPS of $2.78 on revenue of $61.46B.

Microsoft earnings beat analyst's expectations on October 24, with first quarter EPS of $1.14 on revenue of $29.08B. analysts expected EPS of $0.96 on revenue of $27.88B

Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar

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Canada stocks higher at close of trade; S&P/TSX Composite up 0.09%

– Canada stocks were higher after the close on Thursday, as gains in the Healthcare, IT and Materials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.09%.

The best performers of the session on the S&P/TSX Composite were First Quantum Minerals Ltd . (TO:FM), which rose 7.90% or 0.95 points to trade at 12.98 at the close. Meanwhile, IAMGold Corporation (TO:IMG) added 7.41% or 0.280 points to end at 4.060 and Aurora Cannabis Inc (TO:ACB) was up 7.36% or 0.600 points to 8.750 in late trade.

The worst performers of the session were Computer Modelling Group Ltd. (TO:CMG), which fell 9.93% or 0.75 points to trade at 6.80 at the close. Boardwalk REIT (TO:BEI_u) declined 8.90% or 4.37 points to end at 44.72 and Canfor Corporation (TO:CFP) was down 7.83% or 1.53 points to 18.01.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 659 to 446 and 116 ended unchanged.

Shares in Computer Modelling Group Ltd. (TO:CMG) fell to 5-year lows; down 9.93% or 0.75 to 6.80. Shares in Canfor Corporation (TO:CFP) fell to 52-week lows; losing 7.83% or 1.53 to 18.01.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 3.82% to 18.15.

Gold Futures for December delivery was up 1.20% or 14.40 to $1213.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.50% or 0.28 to hit $56.53 a barrel, while the January Brent oil contract rose 0.82% or 0.54 to trade at $66.66 a barrel.

CAD/USD was up 0.50% to 0.7589, while CAD/EUR rose 0.33% to 0.6698.

The US Dollar Index Futures was up 0.26% at 96.91.

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Stocks - Dow Snaps 4-Day Losing Streak as Trade Optimism Sparks Rebound

- Wall Street clawed back from early weakness Thursday, snapping a four-day losing streak, as renewed optimism on trade encouraged traders to resume bullish bets on stocks.

The Dow Jones Industrial Average rose about 0.83%. The S&P 500 rose 1.07%, while the Nasdaq Composite rose 1.72%.

U.S. Trade Representative Robert Lighthizer told some industry executives that the United States would hold off launching planned tariffs on China, the Financial Times reported, citing an unnamed person familiar with the situation.

Lighthizer, however, denied the report, insisting that plans to launch the tariffs outlined in September "has not changed at all."

Still, the report fuelled expectations that both the U.S. and China would seek to deescalate tensions at the upcoming G20 summit in Argentina, triggering a rally in trade-sensitive stocks and lifting the broader market.

Caterpillar (NYSE:CAT), whose shares have been directed by trade rhetoric, rose more than 3%, pushing the industrials to a 1% gain for the day.

Beyond trade, tech stocks led the rebound on Wall Street as bargain-hunting investors piled into beaten-down names like Apple (NASDAQ:AAPL), while a rally in semiconductors also lifted sentiment.

Energy names were also in favor as oil prices continued their rebound from a day earlier despite a large build in crude inventories.

U.S. corporates, meanwhile, continued to serve up upbeat earnings, but were greeted with mixed reaction from investors.

Walmart Inc (NYSE:WMT) topped earnings estimates and raised its full-year estimates for earnings per share and comparable store sales. Its shares struggled to hold onto early gains, falling 2%, with some blaming the weakness on concerns over valuation.

Cisco Systems Inc (NASDAQ:CSCO) rose 5.5% after reporting fiscal first-quarter earnings Wednesday that topped expectations.

Homebuilders struggled to participate in rally, keeping gains the broader averages in check, after KB Home (NYSE:KBH) plunged after slashing its full-year guidance in the wake of an ongoing slump in the housing market. Its shares fell 15%.

On the economic front, investors cheered signs of ongoing consumer strength, which has underpinned strong quarterly U.S. economic growth so far this year, as data showing consumers continued to splurge boosting retail sales.

The Commerce Department said on Thursday that the so-called core retail sales rose0.7% last month, above economists’ forecast for a 0.5% increase.

Top S&P 500 Gainers and Losers Today:

Arista Networks (NYSE:ANET), Take-Two Interactive Software Inc (NASDAQ:TTWO), Xilinx Inc (NASDAQ:XLNX) among the top S&P 500 gainers for the session.

Pacific Gas & Electric Co (NYSE:PCG), Edison International (NYSE:EIX), NetApp Inc (NASDAQ:NTAP) were among the worst S&P 500 performers of the session.

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Day Ahead: Top 3 Things to Watch

- Here’s a preview of the top 3 things that could rock markets tomorrow.

1. Chip Sector Earnings Look Grim

The chip sector could hamper the market tomorrow after disappointing results from two major companies after the bell today.

Nvidia (NASDAQ:NVDA) sank about 14% after hours. The company missed on revenue expectations and forecast current quarter revenue well below consensus.

Applied Materials (NASDAQ:AMAT) reported earnings and revenue right at consensus. But its guidance for next quarter’s profit and revenue was below Street estimates.

The stock fell 5% postmarket.

In retail, Nordstrom (NYSE:JWN) plunged 11% after hours. It beat on the top and bottom lines, but it guided for a surprise drop in same-store sales.

Tomorrow morning, Viacom (NASDAQ:VIAB) will report numbers. On average analysts are predicting a profit of 96 cents a share on revenue of $3.4 billion.

2. Can Oil Make It Three in a Row?

Oil confounded expectations by settling slightly higher today, but there’s a lot of push and pull still going on in the market.

Prices were resilient in the face of a massive increase in U.S. oil inventories reported by the EIA today. Stockpiles of crude jumped by almost 10.3 million, about three times what the market was expecting.

U.S. crude production edged up to 11.7 million barrels per day, making the U.S. the leading producer of crude in the world. But bulls are relying on Saudi Arabia to be the driver of prices, hoping it will sharply curb production to keep another selloff at bay.

Tomorrow the market will get U.S. rig count data from Baker Hughes at 1 PM ET (18:00 GMT). There were 886 rigs active, according to last week’s count.

3. Industrial Production Data Coming

Economic numbers are light tomorrow, not unusual for a Friday.

The latest figures on industrial production and capacity utilization arrive at 9:15 AM ET (14:15 GMT).

On average, economists expect that industrial production in October rose 0.2%, down slightly from the month before.

October capacity utilization is forecast to come slightly in slightly higher than the month earlier at 78.3%.

Manufacturing production for last month is also expected to post a 0.2% rise.

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Altria Falls 3%

- Altria (NYSE:MO) fell by 3.01% to trade at $57.32 by 15:23 (20:23 GMT) on Thursday on the NYSE exchange.

The volume of Altria shares traded since the start of the session was 9.57M. Altria has traded in a range of $57.28 to $58.83 on the day.

The stock has traded at $66.0400 at its highest and $57.2900 at its lowest during the past seven days.

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3M Rises 3%

- 3M (NYSE:MMM) rose by 3.08% to trade at $204.16 by 14:31 (19:31 GMT) on Thursday on the NYSE exchange.

The volume of 3M shares traded since the start of the session was 1.66M. 3M has traded in a range of $196.27 to $204.16 on the day.

The stock has traded at $204.2700 at its highest and $195.4100 at its lowest during the past seven days.

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Texas Instruments Falls 3%

- Texas Instruments (NASDAQ:TXN) fell by 3.07% to trade at $97.61 by 14:27 (19:27 GMT) on Thursday on the NASDAQ exchange.

The volume of Texas Instruments shares traded since the start of the session was 3.78M. Texas Instruments has traded in a range of $94.17 to $97.63 on the day.

The stock has traded at $98.7900 at its highest and $93.0700 at its lowest during the past seven days.

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NVIDIA Rises 3%

- NVIDIA (NASDAQ:NVDA) rose by 3.07% to trade at $203.24 by 14:07 (19:07 GMT) on Thursday on the NASDAQ exchange.

The volume of NVIDIA shares traded since the start of the session was 7.96M. NVIDIA has traded in a range of $195.50 to $203.33 on the day.

The stock has traded at $217.4100 at its highest and $188.6600 at its lowest during the past seven days.

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MarketPulse: Homebuilders Crushed as KB Home Tumbles

- KB Home plunged Thursday, deepening the rout in homebuilders, after slashing its full-year guidance in the wake of an ongoing slump in the housing market.

KB Home (NYSE:KBH) dropped 19% to remain on track for its worst day of trading since August 1992 after its lower-than-expected fourth-quarter guidance prompted a wave of price target cuts from Wall Street banks.

Credit Suisse, Wells Fargo, Barclays and Wedbush all slashed their price targets on KB Home stock.

KB Home lowered its fourth-quarter revenue guidance to a range of $1.31 billion to $1.34 billion from $1.39 billion to $1.45 billion previously, below consensus of $1.42 billion, according to S&P Capital IQ.

The homebuilder blamed the downbeat outlook on higher mortgage rates and higher home prices, both of which have forced homebuyers to remain on the sidelines.

The bleeding from KB Home spilled across homebuilders and served as warning that there's more road for further downside in the sector.

DR Horton (NYSE:DHI), which just a week ago peddled a similar downbeat narrative about future growth, fell for second-straight day as selling intensified. Its shares fell 5%, taking losses for the year to 27%.

Lennar (NYSE:LEN) fell 7% to a more than 2-1/2 year low.

In the midst of the selloff in homebuilders, some continued to express confidence over the longer-term factors supporting the housing market, including solid consumer confidence, high employment, growing wages and increasing household formation.

The SPDR S&P Homebuilders (NYSE:XHB) was down more than 2%.

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Netherlands stocks lower at close of trade; AEX down 0.43%

– Netherlands stocks were lower after the close on Thursday, as losses in the Industrials, Oil&Gas and Healthcare sectors led shares lower.

At the close in Amsterdam, the AEX lost 0.43%.

The best performers of the session on the AEX were NN Group NV (AS:NN), which rose 1.14% or 0.43 points to trade at 38.25 at the close. Meanwhile, ArcelorMittal SA (AS:MT) added 1.11% or 0.240 points to end at 21.770 and Philips Lighting NV (AS:LIGHT) was up 0.73% or 0.16 points to 21.98 in late trade.

The worst performers of the session were ING Groep NV (AS:INGA), which fell 2.27% or 0.254 points to trade at 10.936 at the close. Aalberts Industries NV (AS:AALB) declined 1.79% or 0.57 points to end at 31.36 and Koninklijke KPN NV (AS:KPN) was down 1.40% or 0.034 points to 2.400.

Falling stocks outnumbered advancing ones on the Amsterdam Stock Exchange by 89 to 40 and 6 ended unchanged.

The AEX Volatility, which measures the implied volatility of AEX options, was up 6.78% to 17.77.

Crude oil for December delivery was up 0.66% or 0.37 to $56.62 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.00% or 0.66 to hit $66.78 a barrel, while the December Gold Futures contract rose 1.12% or 13.40 to trade at $1212.60 a troy ounce.

EUR/USD was up 0.11% to 1.1322, while EUR/GBP rose 1.80% to 0.8861.

The US Dollar Index Futures was up 0.31% at 96.96.

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Spain stocks lower at close of trade; IBEX 35 down 0.36%

– Spain stocks were lower after the close on Thursday, as losses in the Consumer Services, Building&Construction and Financial Services&Real Estate sectors led shares lower.

At the close in Madrid, the IBEX 35 fell 0.36%.

The best performers of the session on the IBEX 35 were Distribuidora Intl de Aliment (MC:DIDA), which rose 2.67% or 0.018 points to trade at 0.708 at the close. Meanwhile, Cellnex Telecom SA (MC:CLNX) added 1.96% or 0.44 points to end at 22.94 and Repsol (MC:REP) was up 1.23% or 0.190 points to 15.695 in late trade.

The worst performers of the session were International Consolidated Airlines Group SA (MC:ICAG), which fell 4.69% or 0.350 points to trade at 7.116 at the close. B. Sabadell (MC:SABE) declined 3.07% or 0.037 points to end at 1.167 and ACS Actividades de Construccion y Servicios SA (MC:ACS) was down 2.34% or 0.810 points to 33.780.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 111 to 55 and 23 ended unchanged.

Gold Futures for December delivery was up 1.18% or 14.10 to $1213.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.73% or 0.41 to hit $56.66 a barrel, while the January Brent oil contract rose 1.04% or 0.69 to trade at $66.81 a barrel.

EUR/USD was up 0.11% to 1.1323, while EUR/GBP rose 1.84% to 0.8864.

The US Dollar Index Futures was up 0.31% at 96.96.

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Belgium stocks lower at close of trade; BEL 20 down 0.36%

– Belgium stocks were lower after the close on Thursday, as losses in the Utilities, Healthcare and Industrials sectors led shares lower.

At the close in Brussels, the BEL 20 fell 0.36%.

The best performers of the session on the BEL 20 were Anheuser Busch Inbev SA NV (BR:ABI), which rose 2.43% or 1.61 points to trade at 68.00 at the close. Meanwhile, KBC (BR:KBC) added 1.93% or 1.180 points to end at 62.300 and Etablissementen Fr Colruyt NV (BR:COLR) was up 1.33% or 0.74 points to 56.24 in late trade.

The worst performers of the session were Aperam SA (AS:APAM), which fell 3.19% or 0.86 points to trade at 26.13 at the close. Engie SA (PA:ENGIE) declined 2.72% or 0.34 points to end at 12.16 and ING Groep NV (AS:INGA) was down 2.27% or 0.254 points to 10.936.

Falling stocks outnumbered advancing ones on the Brussels Stock Exchange by 68 to 40 and 17 ended unchanged.

Shares in Aperam SA (AS:APAM) fell to 52-week lows; losing 3.19% or 0.86 to 26.13. Shares in Etablissementen Fr Colruyt NV (BR:COLR) rose to all time highs; rising 1.33% or 0.74 to 56.24.

Gold Futures for December delivery was up 1.23% or 14.80 to $1214.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.94% or 0.53 to hit $56.78 a barrel, while the January Brent oil contract rose 1.19% or 0.79 to trade at $66.91 a barrel.

EUR/USD was up 0.06% to 1.1317, while EUR/GBP rose 1.93% to 0.8872.

The US Dollar Index Futures was up 0.35% at 97.00.

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Germany stocks lower at close of trade; DAX down 0.52%

– Germany stocks were lower after the close on Thursday, as losses in the Retail, Media and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.52%, while the MDAX index lost 1.15%, and the TecDAX index lost 0.77%.

The best performers of the session on the DAX were Siemens AG Class N (DE:SIEGn), which rose 0.82% or 0.82 points to trade at 101.36 at the close. Meanwhile, BASF SE NA O.N. (DE:BASFN) added 0.69% or 0.480 points to end at 69.650 and Henkel&Co KGaA AG Pref (DE:HNKG_p) was up 0.35% or 0.34 points to 97.96 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 2.55% or 2.50 points to trade at 95.50 at the close. Continental AG O.N. (DE:CONG) declined 2.37% or 3.30 points to end at 135.95 and Covestro AG (DE:1COV) was down 2.37% or 1.380 points to 56.960.

The top performers on the MDAX were Evotec AG O.N. (DE:EVTG) which rose 4.36% to 19.500, Uniper SE (DE:UN01) which was up 2.01% to settle at 25.840 and Talanx AG NA O.N. (DE:TLXGn) which gained 0.93% to close at 32.600.

The worst performers were Bechtle AG (DE:BC8G) which was down 6.91% to 70.050 in late trade, Metro AG (DE:MEOG) which lost 6.78% to settle at 4.072 and Aareal Bank AG (DE:ARLG) which was down 4.28% to 29.980 at the close.

The top performers on the TecDAX were Sixt AG ST O.N. (DE:SIXG) which rose 4.43% to 93.050, Shop Apotheke Europe NV (DE:SAEG) which was up 3.45% to settle at 42.000 and WashTec AG O.N. (DE:WSUG) which gained 3.03% to close at 71.500.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 14.21% to 9.78 in late trade, Cancom SE O.N. (DE:COKG) which lost 9.64% to settle at 34.320 and HelloFresh SE (DE:HFGG) which was down 8.45% to 9.15 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 491 to 210 and 78 ended unchanged.

Shares in Metro AG (DE:MEOG) fell to all time lows; losing 6.78% or 0.296 to 4.072. Shares in Aareal Bank AG (DE:ARLG) fell to 52-week lows; falling 4.28% or 1.340 to 29.980. Shares in SLM Solutions Group AG (DE:AM3D) fell to all time lows; losing 14.21% or 1.62 to 9.78. Shares in HelloFresh SE (DE:HFGG) fell to 52-week lows; falling 8.45% or 0.84 to 9.15.

The DAX volatility index, which measures the implied volatility of DAX options, was up 31.26% to 21.29.

Gold Futures for December delivery was up 1.24% or 14.90 to $1214.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.00% or 0.56 to hit $56.81 a barrel, while the January Brent oil contract rose 1.24% or 0.82 to trade at $66.94 a barrel.

EUR/USD was up 0.04% to 1.1315, while EUR/GBP rose 1.96% to 0.8875.

The US Dollar Index Futures was up 0.37% at 97.02.

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Nike Falls 3%

- Nike (NYSE:NKE) fell by 3.02% to trade at $72.93 by 12:11 (17:11 GMT) on Thursday on the NYSE exchange.

The volume of Nike shares traded since the start of the session was 2.51M. Nike has traded in a range of $72.93 to $74.61 on the day.

The stock has traded at $78.2300 at its highest and $72.9200 at its lowest during the past seven days.

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Poland stocks lower at close of trade; WIG30 down 1.03%

– Poland stocks were lower after the close on Thursday, as losses in the Banking, Basic Materials and Construction sectors led shares lower.

At the close in Warsaw, the WIG30 declined 1.03%.

The best performers of the session on the WIG30 were Enea SA (WA:ENAE), which rose 4.99% or 0.47 points to trade at 9.89 at the close. Meanwhile, PGE Polska Grupa Energetyczna SA (WA:PGE) added 4.05% or 0.46 points to end at 11.81 and Tauron Polska Energia SA (WA:TPE) was up 3.57% or 0.070 points to 2.030 in late trade.

The worst performers of the session were CD Projekt SA (WA:CDR), which fell 5.80% or 8.50 points to trade at 138.00 at the close. PKP Cargo (WA:PKPP) declined 4.02% or 1.70 points to end at 40.60 and mBank SA (WA:MBK) was down 3.86% or 16.00 points to 398.00.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 333 to 236 and 65 ended unchanged.

Crude oil for December delivery was up 1.05% or 0.59 to $56.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.30% or 0.86 to hit $66.98 a barrel, while the December Gold Futures contract rose 1.26% or 15.10 to trade at $1214.30 a troy ounce.

EUR/PLN was down 0.18% to 4.2885, while USD/PLN fell 0.23% to 3.7900.

The US Dollar Index Futures was up 0.37% at 97.02.

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Morocco stocks higher at close of trade; Moroccan All Shares up 0.39%

– Morocco stocks were higher after the close on Thursday, as gains in the Real Estate, Construction&Building Materials and Chemicals sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.39%.

The best performers of the session on the Moroccan All Shares were Residences Dar Saada SA (CS:RDS), which rose 7.83% or 6.89 points to trade at 94.89 at the close. Meanwhile, Involys (CS:INV) added 6.00% or 6.90 points to end at 121.90 and Colorado (CS:COL) was up 5.74% or 3.90 points to 71.90 in late trade.

The worst performers of the session were Stroc Industrie (CS:STR), which fell 7.37% or 1.99 points to trade at 25.01 at the close. IB Maroc Com SA (CS:IBC) declined 4.62% or 3.00 points to end at 62.00 and CTM (CS:CTM) was down 3.63% or 33.90 points to 900.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 15 to 11 and 7 ended unchanged.

Crude oil for December delivery was up 1.37% or 0.77 to $57.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.56% or 1.03 to hit $67.15 a barrel, while the December Gold Futures contract rose 1.22% or 14.60 to trade at $1213.80 a troy ounce.

EUR/MAD was up 0.03% to 10.7900, while USD/MAD fell 0.18% to 9.5225.

The US Dollar Index Futures was up 0.32% at 96.97.

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Russia stocks higher at close of trade; MOEX Russia up 0.12%

– Russia stocks were higher after the close on Thursday, as gains in the Telecoms, Manufacturing and Oil&Gas sectors led shares higher.

At the close in Moscow, the MOEX Russia gained 0.12%.

The best performers of the session on the MOEX Russia were SG mechel (MCX:MTLR), which rose 3.93% or 3.67 points to trade at 97.17 at the close. Meanwhile, NMTP (MCX:NMTP) added 3.58% or 0.2400 points to end at 6.9500 and X5 Retail Group NV (MCX:FIVEDR) was up 3.13% or 48.0 points to 1583.5 in late trade.

The worst performers of the session were Polymetal International PLC (MCX:POLY), which fell 2.90% or 18.80 points to trade at 630.40 at the close. Polyus OAO (MCX:PLZL) declined 1.60% or 70.5 points to end at 4329.5 and ALROSA ao (MCX:ALRS) was down 1.59% or 1.640 points to 101.510.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 107 to 105 and 18 ended unchanged.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 0.65% to 26.100.

Gold Futures for December delivery was up 1.15% or 13.80 to $1213.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.49% or 0.84 to hit $57.09 a barrel, while the January Brent oil contract rose 1.69% or 1.12 to trade at $67.24 a barrel.

USD/RUB was down 1.16% to 66.2583, while EUR/RUB fell 1.28% to 74.9723.

The US Dollar Index Futures was up 0.36% at 97.01.

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Turkey stocks higher at close of trade; BIST 100 up 0.01%

– Turkey stocks were higher after the close on Thursday, as gains in the Leasing&Factoring, Wholesale&Retail Trade and Food&Beverages sectors led shares higher.

At the close in Istanbul, the BIST 100 gained 0.01%.

The best performers of the session on the BIST 100 were Vakif Gayrimenkul Yatirim Ortakligi AS (IS:VKGYO), which rose 19.89% or 0.360 points to trade at 2.170 at the close. Meanwhile, Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS (IS:IPEKE) added 6.46% or 0.320 points to end at 5.270 and ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS) was up 5.88% or 0.150 points to 2.700 in late trade.

The worst performers of the session were CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (IS:CRFSA), which fell 13.21% or 0.67 points to trade at 4.40 at the close. Zorlu Enerji Elektrik Uretim AS (IS:ZOREN) declined 4.03% or 0.050 points to end at 1.190 and Gozde Girisim Sermayesi Yatirim Ortakligi AS (IS:GOZDE) was down 3.87% or 0.110 points to 2.730.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 173 to 172 and 62 ended unchanged.

Gold Futures for December delivery was up 1.19% or 14.30 to $1213.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.98% or 0.55 to hit $56.80 a barrel, while the January Brent oil contract rose 1.07% or 0.71 to trade at $66.83 a barrel.

USD/TRY was down 1.52% to 5.3765, while EUR/TRY fell 1.38% to 6.0931.

The US Dollar Index Futures was up 0.35% at 97.00.

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U.S. Crude Oil Inventories Rose by 10.27M Barrels Last Week: EIA

- U.S. crude oil inventories rose more than expected last week, the Energy Information Administration said in its weekly report on Thursday.

The EIA data showed that crude oil inventories increased by 10.27 million barrels in the week to November 9.

That was compared to forecasts for a stockpile build of 3.18 million barrels, after a build of 5.78 million barrels in the previous week.

The report was released one day later than normal due to the Veterans Day holiday.

The EIA report also showed that gasoline inventories fell by 1.41 million barrels, compared to expectations for a draw of 1.48 million barrels, while distillate stockpiles dropped by 3.59 million barrels, compared to forecasts for a decrease of 1.74 million.

U.S. crude prices were trading up 1.08% to $56.86 a barrel by 11:05 AM ET (16:05 GMT), compared to $56.88.

London-traded Brent crude futures were up 1.16% to $66.89 a barrel, compared to $67.04 ahead of the release.

Reports on Wednesday that OPEC said the cartel and its partners were discussing a 1.4 million-barrels-per-day cut in output managed to break a 12-day losing streak in U.S. crude prices that had been the longest on record.

Despite the two-day recovery, the barrel of West Texas Intermediate is still down more than 5% this week and more than 25% off its 4-year high reached in early October as concerns over signs of growing output from key producers - mainly the U.S., Saudi Arabia and Russia - along with indications of a global economic slowdown have pummeled prices.

Investors remained concerned that supply will outstrip waning demand as the International Energy Agency predicted this week that demand from non-OECD countries would diminish next year, while OPEC’s monthly report released on Tuesday admitted that the cartel forecast demand for its oil to fall faster than expected in 2019.

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Israel stocks lower at close of trade; TA 35 down 0.10%

– Israel stocks were lower after the close on Thursday, as losses in the Communication, Technology and Biomed sectors led shares lower.

At the close in Tel Aviv, the TA 35 fell 0.10%.

The best performers of the session on the TA 35 were Delek Drilling LP (TA:DEDRp), which rose 4.17% or 44 points to trade at 1098 at the close. Meanwhile, Delek Group (TA:DLEKG) added 2.58% or 1690 points to end at 67140 and Isramco Negev 2 LP (TA:ISRAp) was up 1.92% or 0.8 points to 42.5 in late trade.

The worst performers of the session were Teva Pharmaceutical Industries Ltd (TA:TEVA), which fell 4.89% or 424 points to trade at 8240 at the close. Perrigo (TA:PRGO) declined 1.52% or 360 points to end at 23380 and Tower Semiconductor Ltd (TA:TSEM) was down 1.47% or 82 points to 5505.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 212 to 169 and 36 ended unchanged.

Shares in Perrigo (TA:PRGO) fell to 52-week lows; losing 1.52% or 360 to 23380.

Crude oil for December delivery was up 0.85% or 0.48 to $56.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.09% or 0.72 to hit $66.84 a barrel, while the December Gold Futures contract rose 1.25% or 15.00 to trade at $1214.20 a troy ounce.

USD/ILS was up 0.56% to 3.7125, while EUR/ILS rose 0.65% to 4.2013.

The US Dollar Index Futures was up 0.31% at 96.96.

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Cardano Falls 11% In Bearish Trade

- Cardano was trading at $0.062274 by 10:59 (15:59 GMT) on the Index on Thursday, down 11.30% on the day. It was the largest one-day percentage loss since October 11.

The move downwards pushed Cardano's market cap down to $1.57893B, or 0.87% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.91700B.

Cardano had traded in a range of $0.058255 to $0.066717 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 21.45%. The volume of Cardano traded in the twenty-four hours to time of writing was $81.58476M or 0.32% of the total volume of all cryptocurrencies. It has traded in a range of $0.0583 to $0.0782 in the past 7 days.

At its current price, Cardano is still down 95.39% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $5,634.3 on the Index, down 10.24% on the day.

XRP was trading at $0.46765 on the Index, a loss of 0.97%.

Bitcoin's market cap was last at $96.18234B or 53.02% of the total cryptocurrency market cap, while XRP's market cap totaled $18.43902B or 10.17% of the total cryptocurrency market value.

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Litecoin Falls 11% In Rout

- Litecoin was trading at $43.087 by 10:44 (15:44 GMT) on the Index on Thursday, down 10.62% on the day. It was the largest one-day percentage loss since November 14.

The move downwards pushed Litecoin's market cap down to $2.501B, or 1.38% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $40.949 to $45.201 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 20.75%. The volume of Litecoin traded in the twenty-four hours to time of writing was $718.479M or 2.84% of the total volume of all cryptocurrencies. It has traded in a range of $40.9493 to $53.0471 in the past 7 days.

At its current price, Litecoin is still down 89.74% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $5,595.7 on the Index, down 11.00% on the day.

XRP was trading at $0.46181 on the Index, a loss of 2.25%.

Bitcoin's market cap was last at $96.059B or 53.07% of the total cryptocurrency market cap, while XRP's market cap totaled $18.321B or 10.12% of the total cryptocurrency market value.

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U.S. Dollar Rises After Jobless Claims Data

- The U.S. dollar was higher on Thursday as jobless claims data remained in line with a strong economy, supporting a Federal Reserve rate increase.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose 0.32% to 96.97 as of 10:40 AM ET (15:40 GMT).

The number of people who filed for unemployment assistance in the U.S. rose by 2,000 to a seasonally adjusted 216,000 from the previous week’s total of 214,000. The numbers give support to the Federal Reserve gradually increasing interest rates.

Investors are also looking ahead to comments from Federal Reserve Chair Jerome Powell in Houston, Texas at 11:30 AM ET (16:30 GMT). On Wednesday, Powell said the U.S. economy was strong and indicated that the central bank will continue to raise rates in 2019, albeit at a gradual pace.

The dollar was lower against the Japanese yen, with USD/JPY falling 0.42% to 113.16. The Canadian dollar was higher, with USD/CAD slipping 0.16% to 1.3220.

Meanwhile, sterling slumped after UK Brexit Minister Dominic Raab resigned, adding pressure on Prime Minister Theresa May's proposed Brexit deal. GBP/USD slumped 1.62% to 1.2781, not far from a session low of 1.2768.

Elsewhere, EUR/USD inched up 0.04% to 1.1314. The NZD/USD rose 0.34% to 0.6820, while AUD/USD increased 0.57% to 0.7271.

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Home Depot Falls 3%

- Home Depot (NYSE:HD) fell by 3.14% to trade at $174.25 by 10:35 (15:35 GMT) on Thursday on the NYSE exchange.

The volume of Home Depot shares traded since the start of the session was 2.09M. Home Depot has traded in a range of $174.25 to $179.53 on the day.

The stock has traded at $188.6900 at its highest and $172.8500 at its lowest during the past seven days.

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Amazon.com Falls 3%

- Amazon.com (NASDAQ:AMZN) fell by 3.06% to trade at $1,550.07 by 10:31 (15:31 GMT) on Thursday on the NASDAQ exchange.

The volume of Amazon.com shares traded since the start of the session was 2.50M. Amazon.com has traded in a range of $1,548.62 to $1,589.14 on the day.

The stock has traded at $1,784.0000 at its highest and $1,548.3300 at its lowest during the past seven days.

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General Electric Rises 3%

- General Electric (NYSE:GE) rose by 3.12% to trade at $8.58 by 09:49 (14:49 GMT) on Thursday on the NYSE exchange.

The volume of General Electric shares traded since the start of the session was 14.95M. General Electric has traded in a range of $8.21 to $8.59 on the day.

The stock has traded at $9.4600 at its highest and $7.7200 at its lowest during the past seven days.

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Cisco Rises 5%

- Cisco (NASDAQ:CSCO) rose by 4.80% to trade at $46.46 by 09:31 (14:31 GMT) on Thursday on the NASDAQ exchange.

The volume of Cisco shares traded since the start of the session was 2.14M. Cisco has traded in a range of $46.46 to $47.10 on the day.

The stock has traded at $48.4400 at its highest and $44.2100 at its lowest during the past seven days.

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U.S. Retail Sales Rise by 0.8% in October

- U.S. retail sales rose 0.8% in October the Commerce Department said on Thursday.

This was compared to a 0.1% drop in the previous month which was revised down from an initial increase of 0.1%.

Economists had forecast a reading of 0.6%.

Rising retail sales over time correlate with stronger economic growth, while weaker sales signal a declining economy.

Core retail sales, which exclude automobiles, gasoline, building materials and food services, rose 0.7% in October, after a 0.1% decline in the previous month.

The consensus forecast was for a reading of 0.5%.

Core retail sales correspond most closely with the consumer spending component of gross domestic product.

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Stocks - Cisco, JP Morgan, Walmart Gain in Pre-market; JC Penney Crashes

- Stocks in focus in pre-market trade Thursday:

• Cisco (NASDAQ:CSCO) stock jumped 3.59% by 8:07 AM ET (13:07 GMT) as the company beat estimates for quarterly revenue and profit and provided a better-than-expected guidance for fiscal second-quarter revenue.

• JPMorgan Chase (NYSE:JPM) stock gained 1.55% after a regulatory filing showed that Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) had a $4.02 billion stake in the bank. PNC Financial (NYSE:PNC), Travelers (NYSE:TRV) and Oracle (NYSE:ORCL) were among other companies in which Berkshire was invested.

• Walmart (NYSE:WMT) stock advanced 0.23% after the company’s U.S. comparable sales rose more than expected in the third quarter.

• JC Penney (NYSE:JCP) stock crashed 9.84% as the company’s same-store sales fell well short of estimates.

• NetApp (NASDAQ:NTAP) stock sank 5.70% despite reporting better-than-expected quarterly results. As of Wednesday’s close, the company’s shares were up around 40% year to date.

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Walmart Reports Better-than-Expected Third Quarter Profit

- Walmart (NYSE:WMT) reported mixed third-quarter earnings on Thursday as profit beat consensus but revenue settled below analysts' estimates.

The firm reported earnings per share of $1.08 on revenue of $124.9 billion. Analysts polled by forecast EPS of $1.01 on revenue of $125.39 billion.

“We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S.,” Walmart chief executive and president Doug McMillon said in a press release. "We're making shopping at Walmart faster and easier.”

At 7:27 AM ET (12:27 GMT), Walmart stock (NYSE:WMT) gained 0.61% to $102.20. As of Wednesday’s close, shares were up 2.82% year-to-date, outperforming the Dow 30 which is up 1.09% so far this year.

Walmart follows other major services sector earnings this month

On October 25, Amazon.com reported third quarter EPS of $5.75 on revenue of $56.58 billion, compared to forecasts of EPS of $3.08 on revenue of $57.11 billion.

Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar

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Stocks - U.S. Futures Rise as China and U.S. Resume Trade Talks

– U.S. futures were higher on Thursday, as trade war tensions eased after news that China and the U.S. are in trade talks and Walmart beat earnings estimates.

The S&P 500 futures rose 6 points or 0.22% to 2,704.5 as of 6:45 AM ET (11:45 GMT) while Dow futures were up 55 points, or 0.22%, to 25,099.0. Meanwhile tech heavy Nasdaq 100 futures increased 35 points, or 0.52%, to 6,803.75.

China and the U.S. have resumed talks on trade, Chinese Commerce Ministry spokesman Gao Feng said in Beijing. U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet at the G20 summit later this month.

Walmart Inc (NYSE:WMT) increased 0.70% in premarket trading after its earnings came in higher than expected.

Cisco (NASDAQ:CSCO) systems was among the other top gainers, jumping 5% after the company beat estimates for quarterly revenue and profit and provided a better-than-expected guidance for fiscal second-quarter revenue. Tesla (NASDAQ:TSLA) rose 0.17% while AMD increased 1.39% and Apple (NASDAQ:AAPL) inched up 0.65%.

JPMorgan Chase & Co (NYSE:JPM) gained almost 2% after a regulatory filing showed that Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) had a $4.02 billion stake in the bank.

Elsewhere, Facebook (NASDAQ:FB) inched down 0.29% while Chipotle Mexican Grill (NYSE:CMG) dipped 1.32% and Carnival (NYSE:CCL) fell 0.76%.

In economic news, retail sales are released at 8:30 AM ET (13:30 GMT). Weekly jobless claims, import prices, and manufacturing conditions in the Philadelphia and New York regions are also on the agenda.

Investors are also looking ahead to comments from Federal Reserve Chair Jerome Powell in Houston, Texas at 11:30 AM ET (16:30 GMT). On Wednesday Powell said the U.S. economy was strong and indicated that the central bank will continue to raise rates in 2019, albeit at a gradual pace.

In commodities, gold futures surged 1.02% to $1,211.40 a troy ounce while crude oil futures decreased 0.14% to $56.16 a barrel. The U.S. dollar index which measures the greenback against a basket of six major currencies, was up 0.38% to 97.03.

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India stocks higher at close of trade; Nifty 50 up 0.38%

– India stocks were higher after the close on Thursday, as gains in the Consumer Durables, Real Estate and Banking sectors led shares higher.

At the close in NSE, the Nifty 50 rose 0.38% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.34%.

The best performers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd (NS:APSE), which rose 4.28% or 14.20 points to trade at 346.20 at the close. Meanwhile, Titan Company Ltd (NS:TITN) added 3.29% or 29.35 points to end at 920.80 and Eicher Motors Ltd. (NS:EICH) was up 2.93% or 679.90 points to 23945.35 in late trade.

The worst performers of the session were Grasim Industries Ltd (NS:GRAS), which fell 8.02% or 70.25 points to trade at 808.70 at the close. Yes Bank Ltd (NS:YESB) declined 7.42% or 16.50 points to end at 205.85 and Indiabulls Housing Finance Ltd (NS:INBF) was down 4.33% or 36.30 points to 804.85.

The top performers on the BSE Sensex 30 were Adani Port and Special Economic Zone Ltd (BO:APSE) which rose 4.19% to 345.30, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 2.93% to settle at 1162.65 and Hero MotoCorp Ltd (BO:HROM) which gained 2.20% to close at 2917.20.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 7.42% to 206.00 in late trade, NTPC Ltd (BO:NTPC) which lost 2.16% to settle at 153.90 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 1.15% to 158.90 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 920 to 673 and 56 ended unchanged; on the Bombay Stock Exchange, 1447 fell and 1058 advanced, while 131 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.97% to 18.4550.

Gold Futures for December delivery was up 0.95% or 11.40 to $1210.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.66% or 0.37 to hit $55.88 a barrel, while the January Brent oil contract fell 0.05% or 0.03 to trade at $66.09 a barrel.

USD/INR was down 0.21% to 72.045, while EUR/INR fell 0.55% to 81.3310.

The US Dollar Index Futures was up 0.51% at 97.15.

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Top 5 Things to Know in The Market on Thursday

- Here are the top five things you need to know in financial markets on Thursday, November 15:

1. Pound Plunges as Raab Resigns as UK Brexit Minister

The British pound tumbled after UK Brexit Minister Dominic Raab resigned, piling even more pressure on Prime Minister Theresa May.

The pound sank 1.8% against the dollar to 1.2751 (GBP/USD) by 5:30AM ET (1030GMT) and was off 1.5% against the euro at 0.8842 (EUR/GBP).

Raab, in a letter to the prime minister, said he cannot support terms of her draft Brexit plan.

"For my part, I cannot support the deal for two reasons," Raab said in his letter. "First, I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom."

"Secondly," he added, "I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit."

The resignation of such a senior minister thrusts the UK into a political crisis just as May was attempting to garner support for a Brexit deal which her opponents have warned could sink her premiership.

2. U.S. Futures Point to Higher Open

U.S. stock futures pointed to a higher open, as signs that the U.S. and China may be taking steps to de-escalate their bitter trade dispute helped lift sentiment.

The blue-chip Dow futures were up 24 points, or about 0.1%, the S&P 500 futures tacked on 2 points, or around 0.1%, while the tech-heavy Nasdaq 100 futures indicated a gain of 27 points, or roughly 0.4%.

Wall Street's major stock indexes fell on Wednesday, with the S&P 500 dropping for the fifth session in a row.

Elsewhere, European stocks were mixed, as investors digested a sharp fall in sterling and new developments in Brexit.

Earlier, stocks in Asia ended mostly higher, with markets in mainland China leading gains.

3. Walmart Reports Earnings

Walmart (NYSE:WMT) is one of the last notable names slated to report third-quarter results before U.S. markets open, as the earnings season continues to wind down.

The retail giant is expected to report earnings of $1.01 per share on revenue of $125.39 billion, according to estimates.

U.S. same-store sales are expected to rise 3.1%.

Investors will be closely watching the results to see whether its ongoing efforts to take on Amazon (NASDAQ:AMZN) in the online retail space are paying off.

Other notable companies reporting results ahead of the opening bell include JC Penney (NYSE:JCP). Analysts are forecasting a loss of 56 cents a share on sales of $2.76 billion.

After the close, Nvidia (NASDAQ:NVDA), Nordstrom (NYSE:JWN), Williams Sonoma (NYSE:WMB), and Applied Materials (NASDAQ:AMAT) are on deck.

4. U.S. Retail Sales

On the data front, the Commerce Department will publish a report on retail sales for October at 8:30AM ET (1330GMT), which should lend further support to the notion that the economy is on solid footing.

The consensus forecast is that the report will show retail sales rose 0.6% last month. Excluding the automobile sector, sales are expected to increase 0.5%.

A pair of surveys on manufacturing conditions in the Philadelphia and New York regions, as well as reports on weekly jobless claims, import prices and business inventories are also on the agenda.

Meanwhile, Federal Reserve Chair Jerome Powell is due to speak about Hurricane Harvey recovery efforts at an event hosted by the Federal Reserve Bank of Dallas, in Houston at 11:30AM ET (1630GMT).

On Wednesday, Powell expressed confidence in the U.S. economy and said that markets will have to get used to the idea that the central bank could raise rates at any time starting in 2019.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was more than half a percent higher at 97.19. The index hit a 16-month high of 97.53 on Monday.

In the bond market, U.S. Treasury prices edged higher, pushing yields lower across the curve, with the benchmark 10-year yield falling to 3.09%.

5. EIA's Weekly Oil Supply Report

In commodity markets, the U.S. Energy Information Administration will release its official weekly oil supplies report for the week ended November 9 at 11:00AM ET (1600GMT). The data comes out one day later than usual due to the Veterans Day holiday, observed on Monday.

Analysts expect the EIA to report a climb of around 3.2 million barrels in crude supplies. If confirmed, it would be the eighth straight weekly climb in domestic oil inventories.

After markets closed Wednesday, the American Petroleum Institute said that U.S. crude supplies rose by 8.8 million barrels last week.

U.S. West Texas Intermediate crude futures were down 41 cents, or 0.7%, at $55.86 a barrel.

International Brent crude oil futures dipped 8 cents to $66.04 per barrel.

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Pound Sinks After UK Brexit Minister Raab Resigns

- The British pound tumbled on Thursday, after UK Brexit Minister Dominic Raab resigned, adding to uncertainty over whether Prime Minister Theresa May's proposed Brexit deal will win parliamentary approval.

The pound sank to session lows on the news, with GBP/USD dropping more than 1% to 1.2853 by 4:05AM ET (0905GMT), pulling back from a high of 1.3071 on Wednesday.

The pound was also sharply lower against the euro, with EUR/GBP jumping 1.1% to 0.8804, well above the five-month lows of 0.8655 reached on Tuesday.

Raab, in a letter to the prime minister, said he cannot support terms of her draft Brexit plan.

"For my part, I cannot support the deal for two reasons," Raab said in his letter. "First, I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom."

"Secondly," he added, "I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit."

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Japan stocks lower at close of trade; Nikkei 225 down 0.20%

– Japan stocks were lower after the close on Thursday, as losses in the Mining, Chemical, Petroleum&Plastic and Shipbuilding sectors led shares lower.

At the close in Tokyo, the Nikkei 225 lost 0.20%.

The best performers of the session on the Nikkei 225 were Amada Co., Ltd. (T:6113), which rose 11.45% or 123.0 points to trade at 1197.0 at the close. Meanwhile, Chiyoda Corp. (T:6366) added 4.63% or 15.0 points to end at 339.0 and Kuraray Co., Ltd. (T:3405) was up 4.03% or 66.0 points to 1704.0 in late trade.

The worst performers of the session were Taiyo Yuden Co., Ltd. (T:6976), which fell 4.82% or 103.0 points to trade at 2036.0 at the close. Shinsei Bank, Ltd. (T:8303) declined 4.80% or 82.0 points to end at 1627.0 and The Dai-ichi Life Insurance Co. (T:8750) was down 4.00% or 86.0 points to 2066.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1768 to 1715 and 219 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.18% to 22.31.

Crude oil for December delivery was up 0.25% or 0.14 to $56.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.70% or 0.46 to hit $66.58 a barrel, while the December Gold Futures contract rose 0.39% or 4.70 to trade at $1214.80 a troy ounce.

USD/JPY was down 0.12% to 113.48, while EUR/JPY rose 0.17% to 128.72.

The US Dollar Index Futures was up 0.03% at 96.69.

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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.35%

– Taiwan stocks were higher after the close on Thursday, as gains in the Plastic, Semiconductor and Chemical sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted rose 0.35%.

The best performers of the session on the Taiwan Weighted were CMC Magnetics Corp (TW:2323), which rose 10.00% or 0.620 points to trade at 6.820 at the close. Meanwhile, Unimicron Technology Corp (TW:3037) added 10.00% or 1.70 points to end at 18.70 and Chuwa Wool Industry Co Taiwan Ltd (TW:1439) was up 9.91% or 3.15 points to 34.95 in late trade.

The worst performers of the session were Hotel Holiday Garden (TW:2702), which fell 9.92% or 1.95 points to trade at 17.70 at the close. Taiwan Mask Corp (TW:2338) declined 9.61% or 2.10 points to end at 19.75 and Silergy Corp (TW:6415) was down 9.57% or 45.00 points to 425.00.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 430 to 366 and 108 ended unchanged.

Crude oil for December delivery was down 0.09% or 0.05 to $56.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.17% or 0.11 to hit $66.23 a barrel, while the December Gold Futures contract rose 0.22% or 2.70 to trade at $1212.80 a troy ounce.

USD/TWD was down 0.03% to 30.868, while TWD/CNY rose 0.04% to 0.2255.

The US Dollar Index Futures was down 0.15% at 96.71.

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Gold Prices Inch Up as Dollar Slips

- Gold prices inched up while the dollar slipped on Thursday following reports that China delivered a written response to U.S. trade demand, and that the two nations resumed talks earlier this week to diffuse their trade disputes.

Gold futures for December delivery on the Comex division of the New York Mercantile Exchange inched up 0.1% at $1,211.8 a troy ounce by 1:00 AM ET (06:00 GMT).

Meanwhile, Asian stocks were lifted by reports that Beijing and Washington resumed talks to diffuse their trade disputes earlier this week.

Citing three U.S. government sources, Reuters reported that China delivered a written response to the U.S. for trade reform. However, the sources did not provide any further details.

"For gold, 1,200 is providing a good support and the market could trade firmer from here," said Peter Fung, head of dealing at Wing Fung Precious Metals in Hong Kong.

Gold has fallen more than 11% from a peak in April as amid escalating U.S.-China trade friction. Higher U.S. interest rates was also a headwind for the precious metal.

The U.S. dollar index that tracks the greenback against a basket of other currencies was down 0.2% to 96.72.

Federal Reserve chairman Jerome Powell said in Dallas on Wednesday that the U.S. economy is “in such a good place right now” and that markets should be prepared that the central bank could raise rates at any time starting in 2019. 1689024

Powell reiterated the central bank is independent and would continue to do what is best for the U.S. economy.

His comments came after Trump accused the Fed of raising rates too fast during his administration.

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Australia stocks higher at close of trade; S&P/ASX 200 up 0.06%

– Australia stocks were higher after the close on Thursday, as gains in the Gold, Energy and Consumer Discretionary sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.06%.

The best performers of the session on the S&P/ASX 200 were G8 Education Ltd (AX:GEM), which rose 11.62% or 0.280 points to trade at 2.690 at the close. Meanwhile, Appen Ltd (AX:APX) added 11.55% or 1.290 points to end at 12.460 and Elders Ltd (AX:ELD) was up 5.53% or 0.390 points to 7.440 in late trade.

The worst performers of the session were Syrah Resources Ltd (AX:SYR), which fell 5.31% or 0.095 points to trade at 1.695 at the close. Aveo Group (AX:AOG) declined 4.41% or 0.075 points to end at 1.625 and Incitec Pivot Ltd (AX:IPL) was down 4.19% or 0.170 points to 3.890.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 618 to 530 and 345 ended unchanged.

Shares in Aveo Group (AX:AOG) fell to 5-year lows; down 4.41% or 0.075 to 1.625.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.76% to 17.376.

Gold Futures for December delivery was up 0.15% or 1.80 to $1211.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.30% or 0.17 to hit $56.08 a barrel, while the January Brent oil contract fell 0.14% or 0.09 to trade at $66.03 a barrel.

AUD/USD was up 0.58% to 0.7273, while AUD/JPY rose 0.47% to 82.56.

The US Dollar Index Futures was down 0.13% at 96.73.

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Oil Prices Continue to Slide on Oversupply Worries

- Oil prices continued to fall on Thursday as data revealed crude inventories have been rising more than expected.

Crude Oil WTI Futures declined 0.4%, at $56.1 a barrel by 12:49 AM ET (05:49 GMT). 

Meanwhile, Brent Oil Futures, the benchmark for oil prices outside the U.S., was down 0.2%, to $65.97. 

The American Petroleum Institute reported on Wednesday that crude inventories rose by 8.8 million barrels in the week to Nov. 9 to 440.7 million, compared with earlier expectation for an increase of 3.2 million barrels.

Meanwhile, the Washington-based Energy Information Administration (EIA) said nearly 38 million barrels had been added to crude inventories in the U.S. in the past seven weeks.

U.S. crude output from seven major shale basins is expected to hit a record 7.94 million bpd in December, the EIA said on Tuesday.

Total U.S. crude production, meanwhile, stands at a record 11.6 million bpd, making the country the world’s biggest oil producer ahead of Russia and Saudi Arabia. Most analysts expect that output to climb above 12 million bpd in the first half of 2019.

Although not a directional driver, OPEC President Suhail al-Mazrouei and OPEC Secretary General Mohammed Barkindo said the group has a consensus to support the decision to balance the market.

Barkindo told CNBC in an interview that the OPEC is determined to “restore stability” in energy markets. However, Mazrouei added that the group would not overreact to the latest volatility in oil prices.

Reports on Wednesday said the group and its partners were discussing a 1.4 million-barrels-per-day cut in output vs the total 1.0 million-bpd reduction the group had proposed at a weekend meeting in Abu Dhabi with allies that included Russia.

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Asian Stocks Mixed; China-U.S. trade hopes, Brexit Deal in Focus

- Asian stocks were mixed in morning trade on Thursday as China delivered a written response to U.S. trade demands. Meanwhile, U.K. Prime Minister Theresa May secured backing from the cabinet for her Brexit deal, according to reports, although "there's a lot of work still to do."

The Shanghai Composite rose 0.7%, while the SZSE Component inched up 0.3% by 10:45 PM ET (03:45 GMT). Hong Kong’s Hang Seng Index gained 0.5%.

Chinese stocks were lifted by reports that Beijing and Washington resumed talks to diffuse their trade disputes earlier this week.

Citing three U.S. government sources, Reuters reported that China delivered a written response to the U.S. for trade reform. However, the sources did not provide any further details.

Trump has repeatedly accused Beijing over intellectual property theft, industrial subsidies and the U.S. trade deficit with China. The two leaders are expected to meet at the G-20 summit later in the month.

Meanwhile, U.K. Prime Minister Theresa May has secured backing for a withdrawal agreement with the E.U., reports on Wednesdays said.

“The choice before us is clear: This deal,” she said, “or leave with no deal, or no Brexit at all.”

However, the EU's chief Brexit negotiator, Michel Barnier, says there's much work still to do, and the path may be difficult.

Bloomberg said U.K. Pensions Secretary Esther McVey and fellow cabinet ministers including Andrea Leadsom and Penny Mordaunt might resign in the days ahead as they weighed up whether they can stay in May’s government to see through the proposed terms of Brexit.

Elsewhere in Asia, Japan’s Nikkei 225 dropped 0.6% while South Korea’s KOSPI slipped 0.2%.

Down under, Australia’s ASX 200 slid 0.7%.

In other news, Federal Reserve chairman Jerome Powell said in Dallas on Wednesday that the U.S. economy is “in such a good place right now” and that markets should be prepared that the central bank could raise rates at any time starting in 2019.

Powell reiterated the central bank is independent and would continue to do what is best for the U.S. economy.

His comments came after Trump accused the Fed of raising rates too fast during his administration.

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NetApp Earnings, Revenue beat in Q2

- NetApp (NASDAQ:NTAP) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $1.06 on revenue of $1.52B. Analysts polled by forecast EPS of $0.99 on revenue of $1.51B. That compared to EPS of $0.81 on revenue of $1.42B in the same period a year earlier. The company had reported EPS of $1.04 on revenue of $1.47B in the previous quarter.

For the year, NetApp shares are up 41.05%, outperforming the S&P 500 which is up 0.67% year to date.

NetApp follows other major Technology sector earnings this month


On November 1, Apple reported fourth quarter EPS of $2.91 on revenue of $62.9B, compared to forecasts of EPS of $2.78 on revenue of $61.46B.

Microsoft earnings beat analyst's expectations on October 24, with first quarter EPS of $1.14 on revenue of $29.08B. analysts expected EPS of $0.96 on revenue of $27.88B

Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar

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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.23%

– Mexico stocks were lower after the close on Wednesday, as losses in the Telecoms Services, Industrials and Materials sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC lost 0.23% to hit a new 52-week low.

The best performers of the session on the S&P/BMV IPC were Grupo Financiero Banorte (MX:GFNORTEO), which rose 2.75% or 2.680 points to trade at 100.220 at the close. Meanwhile, Infraestructura Energetica Nova SAB (MX:IENOVA) added 2.72% or 2.01 points to end at 75.90 and Grupo Financiero Santander Mexico SAB de CV Class B (MX:BSMXB) was up 2.39% or 0.610 points to 26.180 in late trade.

The worst performers of the session were Grupo Aeroportuario Del CentroNorte (MX:OMAB), which fell 4.21% or 4.230 points to trade at 96.260 at the close. Grupo Aeroportuario Del Sureste (MX:ASURB) declined 3.57% or 10.62 points to end at 286.76 and Industrias Penoles Sab De CV (MX:PENOLES) was down 3.52% or 8.82 points to 242.04.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 185 to 128 and 12 ended unchanged.

Shares in Grupo Aeroportuario Del Sureste (MX:ASURB) fell to 52-week lows; losing 3.57% or 10.62 to 286.76. Shares in Industrias Penoles Sab De CV (MX:PENOLES) fell to 52-week lows; down 3.52% or 8.82 to 242.04.

Gold Futures for December delivery was up 1.06% or 12.70 to $1211.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.27% or 0.15 to hit $55.84 a barrel, while the January Brent oil contract rose 0.38% or 0.25 to trade at $65.72 a barrel.

USD/MXN was down 0.50% to 20.3906, while EUR/MXN fell 0.32% to 23.0692.

The US Dollar Index Futures was down 0.31% at 96.84.

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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.81%

– U.S. stocks were lower after the close on Wednesday, as losses in the Utilities, Financials and Healthcare sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.81%, while the S&P 500 index fell 0.76%, and the NASDAQ Composite index fell 0.90%.

The best performers of the session on the Dow Jones Industrial Average were DowDuPont Inc (NYSE:DWDP), which rose 0.89% or 0.51 points to trade at 57.98 at the close. Meanwhile, Home Depot Inc (NYSE:HD) added 0.50% or 0.90 points to end at 179.90 and Verizon Communications Inc (NYSE:VZ) was up 0.48% or 0.28 points to 58.94 in late trade.

The worst performers of the session were The Travelers Companies Inc (NYSE:TRV), which fell 2.97% or 3.77 points to trade at 123.04 at the close. Apple Inc (NASDAQ:AAPL) declined 2.82% or 5.43 points to end at 186.80 and JPMorgan Chase&Co (NYSE:JPM) was down 2.06% or 2.26 points to 107.33.

The top performers on the S&P 500 were Coty Inc (NYSE:COTY) which rose 6.62% to 8.70, Advanced Micro Devices Inc (NASDAQ:AMD) which was up 6.12% to settle at 20.810 and BorgWarner Inc (NYSE:BWA) which gained 3.51% to close at 39.18.

The worst performers were Pacific Gas&Electric Co (NYSE:PCG) which was down 21.79% to 25.59 in late trade, Progressive Corp (NYSE:PGR) which lost 9.48% to settle at 64.80 and CF Industries Holdings Inc (NYSE:CF) which was down 8.55% to 45.03 at the close.

The top performers on the NASDAQ Composite were Sphere 3D Corp (NASDAQ:ANY) which rose 58.18% to 2.610, Empire Resorts Inc (NASDAQ:NYNY) which was up 53.93% to settle at 13.130 and Presbia PLC (NASDAQ:LENS) which gained 24.08% to close at 0.906.

The worst performers were Seven Stars Cloud Group Inc (NASDAQ:IDEX) which was down 48.77% to 1.670 in late trade, Resonant Inc (NASDAQ:RESN) which lost 42.21% to settle at 1.670 and Five Star Quality Care Inc (NASDAQ:FVE) which was down 31.97% to 0.435 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1689 to 1091 and 57 ended unchanged; on the Nasdaq Stock Exchange, 1592 fell and 786 advanced, while 66 ended unchanged.

Shares in Pacific Gas&Electric Co (NYSE:PCG) fell to 5-year lows; losing 21.79% or 7.13 to 25.59. Shares in Verizon Communications Inc (NYSE:VZ) rose to 5-year highs; rising 0.48% or 0.28 to 58.94. Shares in Resonant Inc (NASDAQ:RESN) fell to all time lows; down 42.21% or 1.220 to 1.670.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.14% to 21.25.

Gold Futures for December delivery was up 1.08% or 12.90 to $1212.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.95% or 0.53 to hit $56.22 a barrel, while the January Brent oil contract rose 0.93% or 0.61 to trade at $66.08 a barrel.

EUR/USD was up 0.25% to 1.1318, while USD/JPY fell 0.20% to 113.59.

The US Dollar Index Futures was down 0.35% at 96.80.

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Day Ahead: Top 3 Things to Watch

- Here’s a preview of the top 3 things that could rock markets tomorrow.

1. Online Sales Crucial for Walmart’s Earnings

Walmart (NYSE:WMT) caps off the retail earnings this week, reporting quarterly results before the bell tomorrow.

On average, analysts expect that the retail giant earned $1.01 per share on sales of $125.4 billion.

The stock has been choppy, but is solidly higher from lows of the year seen around May.

The number that's key to the ongoing momentum in its share price is growth in Walmart's online sales, ’s Haris Anwar wrote. This measure is crucial to prove the success of the company’s continuing battle with Amazon (NASDAQ:AMZN).

“In our view, there is a clear evidence that Walmart’s massive investments to improve its digital platform are paying off,” Anwar said. “In the second quarter, U.S. online sales continued their upward trajectory, surging 40% from the same period a year ago, putting Walmart's full-year guidance for its online sales growth within reach.”

Also reporting will be JC Penney (NYSE:JCP), where investors will be looking for any kind of good news.

Shares are now around a 52-week low and look more likely to break below $1 than head north of $2.

Analysts are forecasting a loss of 56 cents a share on sales of $2.76 billion.

2. Retail Sales Lead Busy Day for Indicators

The economic calendar is very busy tomorrow, with retail sales leading the parade.

The Commerce Department will report the latest retail figures at 8:30 AM ET (13:30 GMT).

Economists expect that core retail sales, which exclude autos, rose 0.5% in October.

At the same time, weekly initial jobless claims are released, which are expected to stay close to the week before at 216,000.

Two measures of regional manufacturing activity are also on tap then, with the Philly Fed Manufacturing Index and New York’s Empire State Manufacturing Index both expected to post a decline for November.

At 10 AM ET, data on business inventories for September are posted, with economists expecting a 0.3% gain.

3. Will Inventories Result in a Resumed Oil Selloff?

Oil broke its record losing streak, edging up 1% today. But the decline could resume tomorrow as the Energy Information Administration releases its weekly inventory report.

Strong U.S. production, combined with a rise in oil stockpiles, has been a major reason for oil’s unprecedented selloff.

With prices sharply in bear market territory, an outsize build could spook the market again.

Analysts are expecting a rise in inventories of 3.182 million barrels.

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Stocks - Dow Drops 200 Points as Financials, Tech Weigh

Invesitng.com – Wall Street closed lower on weakness in tech and financials, though signs of Brexit-deal progress lifted sentiment.

The Dow fell 0.81%, The S&P 500 fell 0.73% and the Nasdaq Composite fell 0.90%.

Apple (NASDAQ:AAPL), led the decline in the broader tech sector, falling 3% as concerns about its iPhone sales persisted in the wake of iPhone component suppliers warning on demand.

“Apple really has people questioning technology and the FAANGs. A lot of investors have their hopes pinned on Apple going up and that’s not happening,” said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

Financial stocks also struggled after Democrat Maxine Waters, poised to become chair of the U.S. House banking committee, said regulations would not be eased any further on her watch, according to a CNBC report.

Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) were both in the red.

“When Waters came up that had a profound impact on the markets and right about the time the S&P went negative,” said Forrest.

Corporate earnings, meanwhile, offered little reason for optimism as Macy’s Inc (NYSE:M) fell 7% on concerns over whether the retailer can continue the pace of comparable same store sales growth following blowout third-quarter results, which topped analysts' estimates on both the top and bottom lines.

Wall Street did, however, show some fight heading into the close on a report that the UK Prime Minister Theresa May's Cabinet had agreed to a Brexit deal, though some remained cautious as the deal is expected to face tougher opposition in the U.K. Parliament.

Elsewhere, battered energy names found their footing as oil prices snapped a 12-day losing streak, though some warned the rebound was fragile.

Investor sentiment on stocks was also hurt after Rep. Bill Pascrell, D-NJ, in an interview with Bloomberg News, said the revamped trade deal between the U.S., Canada and Mexico needs to be changed before it can pass through Congress.

In corporate news, Pacific Gas & Electric Co (NYSE:PCG) said its potential liability for the California wildfires could exceed its current insurance coverage, sending its share tumbling more than 20%.

Top S&P 500 Gainers and Losers Today:

Coty Inc (NYSE:COTY), Advanced Micro Devices Inc (NASDAQ:AMD), BorgWarner Inc (NYSE:BWA) among the top S&P 500 gainers for the session.

Pacific Gas & Electric Co (NYSE:PCG), Progressive Corp (NYSE:PGR), CF Industries Holdings Inc (NYSE:CF) were among the worst S&P 500 performers of the session.

-- Reuters contributed to this report

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Colombia stocks higher at close of trade; COLCAP up 0.84%

– Colombia stocks were higher after the close on Wednesday, as gains in the Financials, Industrials and Investment sectors led shares higher.

At the close in Colombia, the COLCAP added 0.84%.

The best performers of the session on the COLCAP were Cemex Latam Holdings SA (CN:CLH), which rose 5.47% or 280.0 points to trade at 5400.0 at the close. Meanwhile, Interconnection Electric SA ESP (CN:ISA) added 3.61% or 460.0 points to end at 13200.0 and Canacol Energy Ltd (CN:CNE) was up 3.52% or 320.0 points to 9400.0 in late trade.

The worst performers of the session were Corporacion Financiera Colombiana SA (CN:CFV), which fell 3.14% or 680.0 points to trade at 20980.0 at the close. Banco Davivienda Pf (CN:DVI_p) declined 1.75% or 600.0 points to end at 33600.0 and Bolsa De Valores De Colombia (CN:BVC) was down 1.52% or 200.0 points to 13000.0.

Rising stocks outnumbered declining ones on the Colombia Stock Exchange by 19 to 5 and 3 ended unchanged.

US coffee C for December delivery was up 3.25% or 3.55 to $112.75 . Elsewhere in commodities trading, US cocoa for delivery in March rose 0.02% or 0.50 to hit $2211.50 , while the December Gold Futures contract rose 1.13% or 13.60 to trade at $1212.80 a troy ounce.

USD/COP was up 0.06% to 3189.85, while BRL/COP rose 0.17% to 842.00.

The US Dollar Index Futures was down 0.57% at 96.59.

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Stocks - Wall Street Hit Hard by Afternoon Selling

Invesitng.com - Stocks took a sharp turn lower in afternoon trading as weakness in blue chips followed strong selling in technology shares.

The Dow sunk about 1.3%, more than 300 points, in afternoon trading. The S&P 500 and the Nasdaq Composite were also down about 1.3%.

Apple (NASDAQ:AAPL) was the big drag on the Dow, losing more than 3% as concerns about its iPhone sales persisted in the wake of iPhone component suppliers warning on demand.

“Apple really has people questioning technology and the FAANGs. A lot of investors have their hopes pinned on Apple going up and that’s not happening,” said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

Financial stocks also struggled as investors moved cash in to Treasuries, pushing yields down. Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) were both down more than 3%.

Banks were further pressured after Democrat Maxine Waters, poised to become chair of the U.S. House banking committee, said regulations would not be eased any further on her watch, according to a CNBC report.

“When Waters came up that had a profound impact on the markets and right about the time the S&P went negative,” said Forrest.

-- Reuters contributed to this report

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Portugal stocks higher at close of trade; PSI 20 up 0.08%

– Portugal stocks were higher after the close on Wednesday, as gains in the Consumer Goods, Telecoms and Consumer Services sectors led shares higher.

At the close in Lisbon, the PSI 20 gained 0.08%.

The best performers of the session on the PSI 20 were Pharol SGPS SA (LS:PHRA), which rose 7.45% or 0.0130 points to trade at 0.1876 at the close. Meanwhile, Galp Energia Nom (LS:GALP) added 2.37% or 0.3350 points to end at 14.4750 and Ibersol SGPS (LS:IBS) was up 1.46% or 0.120 points to 8.340 in late trade.

The worst performers of the session were Sonae SGPS SA (LS:YSO), which fell 3.07% or 0.0275 points to trade at 0.8670 at the close. Corticeira Amorim (LS:CORA) declined 1.88% or 0.180 points to end at 9.380 and Mota Engil (LS:MOTA) was down 1.20% or 0.0200 points to 1.6440.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 21 to 13 and 3 ended unchanged.

Shares in Corticeira Amorim (LS:CORA) fell to 52-week lows; down 1.88% or 0.180 to 9.380. Shares in Mota Engil (LS:MOTA) fell to 52-week lows; falling 1.20% or 0.0200 to 1.6440.

Brent oil for January delivery was up 1.22% or 0.80 to $66.27 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.02% or 0.57 to hit $56.26 a barrel, while the December Gold Futures contract rose 0.36% or 4.30 to trade at $1203.50 a troy ounce.

EUR/USD was unchanged 0.00% to 1.1290, while EUR/GBP rose 0.38% to 0.8733.

The US Dollar Index Futures was down 0.10% at 97.05.

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Netherlands stocks lower at close of trade; AEX down 0.47%

– Netherlands stocks were lower after the close on Wednesday, as losses in the Oil&Gas, Software&Computer Services and Technology Hardware&Equipment sectors led shares lower.

At the close in Amsterdam, the AEX declined 0.47%.

The best performers of the session on the AEX were Akzo Nobel (AS:AKZO), which rose 1.60% or 1.18 points to trade at 75.16 at the close. Meanwhile, Altice NV (AS:ATCA) added 1.12% or 0.02 points to end at 2.17 and Wolters Kluwer (AS:WLSNc) was up 1.12% or 0.58 points to 52.50 in late trade.

The worst performers of the session were NN Group NV (AS:NN), which fell 2.10% or 0.81 points to trade at 37.82 at the close. Philips Lighting NV (AS:LIGHT) declined 1.84% or 0.41 points to end at 21.82 and Aegon NV (AS:AEGN) was down 1.62% or 0.090 points to 5.466.

Falling stocks outnumbered advancing ones on the Amsterdam Stock Exchange by 75 to 52 and 8 ended unchanged.

The AEX Volatility, which measures the implied volatility of AEX options, was up 9.57% to 16.64.

Crude oil for December delivery was up 1.49% or 0.83 to $56.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.66% or 1.09 to hit $66.56 a barrel, while the December Gold Futures contract rose 0.37% or 4.40 to trade at $1203.60 a troy ounce.

EUR/USD was up 0.15% to 1.1307, while EUR/GBP rose 0.25% to 0.8722.

The US Dollar Index Futures was down 0.24% at 96.91.

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U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.25%

– U.K. stocks were lower after the close on Wednesday, as losses in the Industrial Metals&Mining, Oil Equipment Services&Distribution and Mining sectors led shares lower.

At the close in London, the United Kingdom 100 lost 0.25%.

The best performers of the session on the United Kingdom 100 were Micro Focus International PLC (LON:MCRO), which rose 6.31% or 82.50 points to trade at 1389.50 at the close. Meanwhile, Paddy Power Betfair PLC (LON:PPB) added 6.00% or 400.00 points to end at 7070.00 and ITV PLC (LON:ITV) was up 5.45% or 8.20 points to 158.75 in late trade.

The worst performers of the session were Rio Tinto PLC (LON:RIO), which fell 3.54% or 136.00 points to trade at 3710.00 at the close. DCC plc (LON:DCC) declined 3.19% or 200.0 points to end at 6065.0 and Ferguson Plc (LON:FERG) was down 2.70% or 140.00 points to 5047.00.

Falling stocks outnumbered advancing ones on the London Stock Exchange by 1283 to 802 and 288 ended unchanged.

Shares in DCC plc (LON:DCC) fell to 52-week lows; down 3.19% or 200.0 to 6065.0.

Gold Futures for December delivery was up 0.42% or 5.00 to $1204.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.92% or 1.07 to hit $56.76 a barrel, while the January Brent oil contract rose 1.96% or 1.28 to trade at $66.75 a barrel.

GBP/USD was up 0.41% to 1.3031, while EUR/GBP fell 0.18% to 0.8684.

The US Dollar Index Futures was down 0.34% at 96.81.

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Norway stocks lower at close of trade; Oslo OBX down 0.77%

– Norway stocks were lower after the close on Wednesday, as losses in the Materials, Banking and Transport sectors led shares lower.

At the close in Oslo, the Oslo OBX lost 0.77%.

The best performers of the session on the Oslo OBX were Aker ASA (OL:AKER), which rose 1.61% or 9.0 points to trade at 569.0 at the close. Meanwhile, Orkla ASA (OL:ORK) added 1.41% or 1.02 points to end at 73.36 and DNO International ASA (OL:DNO) was up 1.26% or 0.18 points to 14.51 in late trade.

The worst performers of the session were Yara International ASA (OL:YAR), which fell 6.55% or 25.0 points to trade at 356.5 at the close. Golden Ocean Group Ltd (OL:GOGLT) declined 4.83% or 2.85 points to end at 56.15 and REC Silicon ASA (OL:REC) was down 4.29% or 0.03 points to 0.67.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 104 to 81 and 27 ended unchanged.

Shares in Golden Ocean Group Ltd (OL:GOGLT) fell to 52-week lows; falling 4.83% or 2.85 to 56.15.

Crude oil for December delivery was up 1.74% or 0.97 to $56.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.83% or 1.20 to hit $66.67 a barrel, while the December Gold Futures contract rose 0.36% or 4.30 to trade at $1203.50 a troy ounce.

EUR/NOK was up 0.25% to 9.6192, while USD/NOK rose 0.07% to 8.5021.

The US Dollar Index Futures was down 0.31% at 96.84.

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Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.17%

– Sweden stocks were lower after the close on Wednesday, as losses in the Technology, Industrials and Oil&Gas sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 1.17%.

The best performers of the session on the OMX Stockholm 30 were Tele2 AB (ST:TEL2b), which rose 1.18% or 1.20 points to trade at 102.60 at the close. Meanwhile, Autoliv Inc . SDB (ST:ALIVsdb) added 1.18% or 9.0 points to end at 773.2 and H&M Hennes&Mauritz AB B (ST:HMb) was up 1.05% or 1.6 points to 156.0 in late trade.

The worst performers of the session were Alfa Laval AB (ST:ALFA), which fell 4.26% or 9.0 points to trade at 202.3 at the close. Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) declined 4.21% or 3.41 points to end at 77.59 and Hexagon AB ser. B (ST:HEXAb) was down 2.31% or 10.3 points to 435.0.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 422 to 216 and 42 ended unchanged.

Crude oil for December delivery was up 1.74% or 0.97 to $56.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.83% or 1.20 to hit $66.67 a barrel, while the December Gold Futures contract rose 0.36% or 4.30 to trade at $1203.50 a troy ounce.

EUR/SEK was up 0.57% to 10.2826, while USD/SEK rose 0.35% to 9.0881.

The US Dollar Index Futures was down 0.31% at 96.84.

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Russia stocks higher at close of trade; MOEX Russia up 0.15%

– Russia stocks were higher after the close on Wednesday, as gains in the Mining, Telecoms and Manufacturing sectors led shares higher.

At the close in Moscow, the MOEX Russia gained 0.15%.

The best performers of the session on the MOEX Russia were Aeroflot (MCX:AFLT), which rose 6.06% or 5.90 points to trade at 103.30 at the close. Meanwhile, Moskovskaya Birzha OAO (MCX:MOEX) added 4.98% or 4.46 points to end at 94.01 and Polymetal International PLC (MCX:POLY) was up 4.71% or 29.20 points to 649.20 in late trade.

The worst performers of the session were Tatneft-3 (MCX:TATN), which fell 3.85% or 30.50 points to trade at 762.50 at the close. NK Rosneft PAO (MCX:ROSN) declined 3.71% or 16.45 points to end at 427.15 and RusHydro JSC (MCX:HYDR) was down 2.71% or 0.0150 points to 0.5380.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 116 to 106 and 14 ended unchanged.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 3.16% to 28.690.

Gold Futures for December delivery was up 0.32% or 3.80 to $1203.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.94% or 1.08 to hit $56.77 a barrel, while the January Brent oil contract rose 2.02% or 1.32 to trade at $66.79 a barrel.

USD/RUB was down 1.42% to 67.1465, while EUR/RUB fell 1.15% to 75.9750.

The US Dollar Index Futures was down 0.32% at 96.83.

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Bitcoin Falls 11% In Bearish Trade

- Bitcoin was trading at $5,836.8 by 11:32 (16:32 GMT) on the Index on Wednesday, down 10.69% on the day. It was the largest one-day percentage loss since February 5.

The move downwards pushed Bitcoin's market cap down to $104.1B, or 53.38% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $5,836.8 to $6,453.3 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 8.28%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $5.1B or 32.81% of the total volume of all cryptocurrencies. It has traded in a range of $5,836.7808 to $6,577.3110 in the past 7 days.

At its current price, Bitcoin is still down 70.63% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $177.60 on the Index, down 19.89% on the day.

XRP was trading at $0.42717 on the Index, a loss of 23.92%.

Ethereum's market cap was last at $19.0B or 9.74% of the total cryptocurrency market cap, while XRP's market cap totaled $17.9B or 9.18% of the total cryptocurrency market value.

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XRP Tumbles 22% In Selloff

- XRP was trading at $0.43404 by 11:30 (16:30 GMT) on the Index on Wednesday, down 21.96% on the day. It was the largest one-day percentage loss since January 16.

The move downwards pushed XRP's market cap down to $17.89359B, or 9.18% of the total cryptocurrency market cap. At its highest, XRP's market cap was $79.53400B.

XRP had traded in a range of $0.43404 to $0.51851 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 16.46%. The volume of XRP traded in the twenty-four hours to time of writing was $545.31482M or 3.54% of the total volume of all cryptocurrencies. It has traded in a range of $0.4340 to $0.5449 in the past 7 days.

At its current price, XRP is still down 86.81% from its all-time high of $3.29 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $5,904.7 on the Index, down 8.98% on the day.

Ethereum was trading at $181.82 on the Index, a loss of 14.66%.

Bitcoin's market cap was last at $104.08250B or 53.38% of the total cryptocurrency market cap, while Ethereum's market cap totaled $18.98895B or 9.74% of the total cryptocurrency market value.

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Cardano Tumbles 20% In Selloff

- Cardano was trading at $0.064053 by 11:29 (16:29 GMT) on the Index on Wednesday, down 20.38% on the day. It was the largest one-day percentage loss since January 16.

The move downwards pushed Cardano's market cap down to $1.75137B, or 0.90% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.91700B.

Cardano had traded in a range of $0.064053 to $0.074712 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 14.63%. The volume of Cardano traded in the twenty-four hours to time of writing was $30.40867M or 0.20% of the total volume of all cryptocurrencies. It has traded in a range of $0.0641 to $0.0799 in the past 7 days.

At its current price, Cardano is still down 95.26% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $5,928.7 on the Index, down 8.98% on the day.

Ethereum was trading at $185.70 on the Index, a loss of 14.66%.

Bitcoin's market cap was last at $106.06300B or 54.40% of the total cryptocurrency market cap, while Ethereum's market cap totaled $19.29674B or 9.90% of the total cryptocurrency market value.

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U.S. Dollar Pares Back Gains After Inflation Data

- The dollar pared back earlier gains on Wednesday after inflation data supported the Federal Reserve increasing rates at a gradual pace.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, fell 0.27% to 96.88 as of 11:15 AM ET (16:15 GMT).

Data on Wednesday showed that the annual core consumer price index (CPI) rose 2.1%, which was less than expected.

Core prices are viewed by the Federal Reserve as a better gauge of longer-term inflationary pressure because they exclude the volatile food and energy categories. The central bank usually tries to aim for 2% core inflation or less.

The dollar was flat against the Japanese yen, with USD/JPY at 113.81. The Canadian dollar was higher, with USD/CAD falling 0.03% to 1.3235.

Sterling increased on news that the European Union and the UK have reached a draft agreement on Brexit. A statement from British Prime Minister Theresa May is expected at 12:00 PM ET (17:00 GMT).

GBP/USD rallied 0.25% to 1.3011

Meanwhile, the euro edged higher, but was held back by a row between Brussels and Rome over Italy’s budget. The European Commision rejected Italy’s 2019 budget because it breaches EU fiscal rules, but Italy has stuck to its target in a re-submitted draft budget.

EUR/USD increased 0.19% to 1.1310.

Elsewhere, the NZD/USD rose 0.37% to 0.6789, while AUD/USD inched down 0.03% to 0.7215.

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Greece stocks lower at close of trade; Athens General Composite down 1.45%

– Greece stocks were lower after the close on Wednesday, as losses in the Travel, Media and Retail sectors led shares lower.

At the close in Athens, the Athens General Composite declined 1.45%.

The best performers of the session on the Athens General Composite were Nireus Aqua (AT:NIRr), which rose 6.86% or 0.012 points to trade at 0.184 at the close. Meanwhile, K.L.M. (AT:KLUr) added 4.58% or 0.024 points to end at 0.550 and Elastron SA (AT:ELSRr) was up 3.83% or 0.0450 points to 1.2200 in late trade.

The worst performers of the session were National Bank of Greece SA (AT:NBGr), which fell 13.20% or 0.184 points to trade at 1.210 at the close. Eurobank Ergasias SA (AT:EURBr) declined 9.84% or 0.0600 points to end at 0.5500 and Ellaktor SA (AT:HELr) was down 6.22% or 0.084 points to 1.266.

Falling stocks outnumbered advancing ones on the Athens Stock Exchange by 69 to 30 and 14 ended unchanged.

Shares in National Bank of Greece SA (AT:NBGr) fell to 52-week lows; losing 13.20% or 0.184 to 1.210.

Gold Futures for December delivery was up 0.23% or 2.80 to $1202.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.87% or 1.04 to hit $56.73 a barrel, while the January Brent oil contract rose 1.96% or 1.28 to trade at $66.75 a barrel.

EUR/USD was up 0.19% to 1.1311, while EUR/GBP fell 0.08% to 0.8693.

The US Dollar Index Futures was down 0.28% at 96.87.

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Turkey stocks higher at close of trade; BIST 100 up 0.62%

– Turkey stocks were higher after the close on Wednesday, as gains in the Leasing&Factoring, Transport and Telecoms sectors led shares higher.

At the close in Istanbul, the BIST 100 gained 0.62%.

The best performers of the session on the BIST 100 were CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (IS:CRFSA), which rose 16.28% or 0.71 points to trade at 5.07 at the close. Meanwhile, Gozde Girisim Sermayesi Yatirim Ortakligi AS (IS:GOZDE) added 14.98% or 0.370 points to end at 2.840 and ICBC Turkey Bank AS (IS:ICBCT) was up 10.00% or 0.700 points to 7.700 in late trade.

The worst performers of the session were Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS (IS:GOLTS), which fell 11.49% or 4.84 points to trade at 37.30 at the close. Kiler Gayrimenkul Yatirim Ortakligi AS (IS:KLGYO) declined 4.39% or 0.090 points to end at 1.960 and Ulker Biskuvi Sanayi AS (IS:ULKER) was down 3.95% or 0.60 points to 14.60.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 189 to 166 and 53 ended unchanged.

Shares in ICBC Turkey Bank AS (IS:ICBCT) rose to 52-week highs; up 10.00% or 0.700 to 7.700.

Gold Futures for December delivery was up 0.26% or 3.10 to $1202.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.51% or 1.40 to hit $57.09 a barrel, while the January Brent oil contract rose 2.63% or 1.72 to trade at $67.19 a barrel.

USD/TRY was down 0.16% to 5.4672, while EUR/TRY fell 0.04% to 6.1852.

The US Dollar Index Futures was down 0.26% at 96.89.

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XRP Falls 11% In Bearish Trade

- XRP was trading at $0.47341 by 10:58 (15:58 GMT) on the Index on Wednesday, down 11.04% on the day. It was the largest one-day percentage loss since October 11.

The move downwards pushed XRP's market cap down to $19.24639B, or 9.53% of the total cryptocurrency market cap. At its highest, XRP's market cap was $79.53400B.

XRP had traded in a range of $0.47301 to $0.51851 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 10.1%. The volume of XRP traded in the twenty-four hours to time of writing was $496.17298M or 3.38% of the total volume of all cryptocurrencies. It has traded in a range of $0.4730 to $0.5449 in the past 7 days.

At its current price, XRP is still down 85.61% from its all-time high of $3.29 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,213.1 on the Index, down 3.63% on the day.

Ethereum was trading at $191.57 on the Index, a loss of 10.92%.

Bitcoin's market cap was last at $108.11502B or 53.54% of the total cryptocurrency market cap, while Ethereum's market cap totaled $20.06827B or 9.94% of the total cryptocurrency market value.

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Stellar Lumens Falls 10% In Rout

- Stellar Lumens was trading at $0.24288 by 10:58 (15:58 GMT) on the Index on Wednesday, down 10.05% on the day. It was the largest one-day percentage loss since October 11.

The move downwards pushed Stellar Lumens's market cap down to $4.60324B, or 2.28% of the total cryptocurrency market cap. At its highest, Stellar Lumens's market cap was $12.12000B.

Stellar Lumens had traded in a range of $0.24279 to $0.26132 in the previous twenty-four hours.

Over the past seven days, Stellar Lumens has seen a drop in value, as it lost 5.66%. The volume of Stellar Lumens traded in the twenty-four hours to time of writing was $67.00300M or 0.46% of the total volume of all cryptocurrencies. It has traded in a range of $0.2428 to $0.2864 in the past 7 days.

At its current price, Stellar Lumens is still down 73.60% from its all-time high of $0.92 set on January 3.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,209.2 on the Index, down 3.63% on the day.

Ethereum was trading at $191.02 on the Index, a loss of 10.92%.

Bitcoin's market cap was last at $108.11502B or 53.54% of the total cryptocurrency market cap, while Ethereum's market cap totaled $20.06827B or 9.94% of the total cryptocurrency market value.

]]> https://i-invdn-com.akamaized.net/news/LYNXMPEA7A0O3_M.jpg © Reuters.

General Electric Falls 4%

- General Electric (NYSE:GE) fell by 3.89% to trade at $8.28 by 10:53 (15:53 GMT) on Wednesday on the NYSE exchange.

The volume of General Electric shares traded since the start of the session was 50.87M. General Electric has traded in a range of $8.27 to $8.85 on the day.

The stock has traded at $9.5400 at its highest and $7.7200 at its lowest during the past seven days.

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Litecoin Falls 10% In Selloff

- Litecoin was trading at $46.409 by 10:42 (15:42 GMT) on the Index on Wednesday, down 10.21% on the day. It was the largest one-day percentage loss since October 11.

The move downwards pushed Litecoin's market cap down to $2.848B, or 1.41% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $46.394 to $51.267 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 11.65%. The volume of Litecoin traded in the twenty-four hours to time of writing was $378.941M or 2.59% of the total volume of all cryptocurrencies. It has traded in a range of $46.3944 to $54.9156 in the past 7 days.

At its current price, Litecoin is still down 88.95% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,278.1 on the Index, down 2.50% on the day.

Ethereum was trading at $195.61 on the Index, a loss of 8.32%.

Bitcoin's market cap was last at $108.267B or 53.48% of the total cryptocurrency market cap, while Ethereum's market cap totaled $20.155B or 9.96% of the total cryptocurrency market value.

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Oil Rebounds Nearly 3% After Record Losing Streak

- The selloff in oil paused Wednesday, after a record losing streak of 12 days, with crude futures lifted by murmurs that OPEC could cut output 40% more at its December meeting than it previously intended.

OPEC and its partners were discussing a 1.4 million-barrels-per-day cut in output vs. the total 1.0 million-bpd reduction the group had proposed at a weekend meeting in Abu Dhabi with allies that included Russia, Reuters reported.

But Russia may not be on board for such a large reduction, Reuters said, citing three sources familiar with the situation.

That, along with signs that U.S. crude stockpiles data expected Thursday could show an eighth-straight week of builds, suggested to some traders that the rout in oil may not be entirely over.

Nearly 38 million barrels have been added to U.S. inventories in the past seven weeks, six of them outsize builds, according to data released by the Washington-based Energy Information Administration.

"The six-week oil sell-off has decimated technical levels in brute force futures market fashion," Merrill Lynch said in a note.

"While we await weekly charts to reach oversold, we note the next support juncture is $52 on WTI and $62 on Brent," it added.

U.S. WTI was up $1.39, or 2.5%, at $57.08 per barrel by 10:35 a.m. ET (15:35 GMT). It plunged 7% in Tuesday's session, falling to a one-year low of $55.11, and has dropped about 25% from four-year highs of nearly $77 in early October.

Brent rose $1.84, or 2.8%, to $67.31 per barrel. It also fell almost 7% in the previous session to an eight-month low of $66.67. Brent has lost about 23% from a peak of nearly $87 six weeks ago.

OPEC, the EIA, along with Paris-based International Energy Agency (IEA), all say that oil supplies are likely to outstrip demand by early next year due to a potential cooling of the global economy and slower growth in China, which is in a trade war with the United States.

OPEC, which meets on Dec. 6 in Vienna for its policy-setting meeting, is widely expected to agree on cuts of around 1 million bpd or more from its current production of above 33 million bpd.

Russia and other key allies are scheduled to hold talks with the cartel a day later to determine the wider alliance's contribution to any market-balancing strategy reached by OPEC.

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EOS Falls 11% In Selloff

- EOS was trading at $4.8966 by 10:16 (15:16 GMT) on the Index on Wednesday, down 11.26% on the day. It was the largest one-day percentage loss since October 11.

The move downwards pushed EOS's market cap down to $4.5661B, or 2.24% of the total cryptocurrency market cap. At its highest, EOS's market cap was $17.5290B.

EOS had traded in a range of $4.8966 to $5.3417 in the previous twenty-four hours.

Over the past seven days, EOS has seen a drop in value, as it lost 11.06%. The volume of EOS traded in the twenty-four hours to time of writing was $945.7742M or 6.65% of the total volume of all cryptocurrencies. It has traded in a range of $4.8966 to $5.7055 in the past 7 days.

At its current price, EOS is still down 78.69% from its all-time high of $22.98 set on April 29.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,246.8 on the Index, down 3.01% on the day.

Ethereum was trading at $196.32 on the Index, a loss of 7.93%.

Bitcoin's market cap was last at $108.5619B or 53.25% of the total cryptocurrency market cap, while Ethereum's market cap totaled $20.4398B or 10.03% of the total cryptocurrency market value.

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NVIDIA Rises 3%

- NVIDIA (NASDAQ:NVDA) rose by 3.06% to trade at $205.41 by 09:37 (14:37 GMT) on Wednesday on the NASDAQ exchange.

The volume of NVIDIA shares traded since the start of the session was 1.06M. NVIDIA has traded in a range of $204.25 to $206.85 on the day.

The stock has traded at $217.4100 at its highest and $188.6600 at its lowest during the past seven days.

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Natural Gas Futures Spike on Forecasts for Freezing Temperatures

- Natural gas futures surged for the third session in row on Wednesday, as investors reacted to forecasts showing freezing temperatures hitting much of the U.S. through late November.

natural gas futures jumped 37.0 cents, or around 9%, to $4.471 per million British thermal units by 8:35AM ET (1335GMT), having earlier reached its best level since February 2014 at $4.863.

Futures have gained 36.5% so far this month as traders fretted over cold weather and tight supplies.

Natural gas prices typically rise ahead of the winter as colder weather sparks indoor-heating demand.

The heating season from November through March is the peak demand period for U.S. gas consumption.

Meanwhile, investors looked ahead to weekly data from the U.S. on supplies in storage to gauge demand for the fuel.

The U.S. Energy Information Administration (EIA) will release its official weekly natural gas storage report for the week ended Nov. 9 on Thursday, amid expectations for an injection of 32 billion cubic feet (bcf).

That compares with a build of 65 bcf in the preceding week, a fall of 18 bcf a year earlier and a five-year average increase of 19 bcf.

Total natural gas in storage currently stands at 3.208 trillion cubic feet (tcf), according to the U.S. Energy Information Administration, the lowest level for this time of year in about 15 years.

The last time supplies were this low in the first week of November was in 2003.

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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.17%

– Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Industrial Investment, Cement and Insurance sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.17%.

The best performers of the session on the Tadawul All Share were Fawaz Abdulaziz AlHokair Company (SE:4240), which rose 10.00% or 2.10 points to trade at 23.10 at the close. Meanwhile, Al Sorayai Trading&Industrial Group (SE:1213) added 9.90% or 1.18 points to end at 13.10 and Al Baha Investment and Development Company SJSC (SE:4130) was up 5.35% or 1.06 points to 20.86 in late trade.

The worst performers of the session were Saudi Industrial Export Co (SE:4140), which fell 9.93% or 16.40 points to trade at 148.80 at the close. Al-Rajhi Cooperative Insurance (SE:8230) declined 4.48% or 2.90 points to end at 61.90 and Anb Insurance (SE:8011) was down 3.60% or 0.74 points to 19.84.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 133 to 45 and 5 ended unchanged.

Crude oil for December delivery was up 0.99% or 0.55 to $56.24 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.16% or 0.76 to hit $66.23 a barrel, while the December Gold Futures contract rose 0.24% or 2.90 to trade at $1202.10 a troy ounce.

EUR/SAR was up 0.08% to 4.2385, while USD/SAR rose 0.02% to 3.7520.

The US Dollar Index Futures was down 0.17% at 96.98.

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Stocks - Snap, PG&E, Canopy Growth Plunge in Pre-market; Pfizer Drops

- Stocks in focus in pre-market trade Wednesday:

• Snap (NYSE:SNAP) stock sank 4.32% by 7:47 AM ET (12:47 GMT) as the company said it had received subpoenas from the U.S. Department of Justice and the Securities and Exchange Commission regarding information about is 2017 initial public offering.

• PG&E (NYSE:PCG) stock tumbled 8.53% after the company warned in an SEC filing that if a malfunctioning of utility equipment turned out to be the cause of the Camp Fire in California, it could face liabilities that surpass its insurance coverage.

Canopy Growth (NYSE:CGC) stock plunged 9.56% as the company’s quarterly net loss widened from a year ago.

Pfizer (NYSE:PFE) stock fell 0.51% as the UK Supreme Court ruled against the company in a patent case to prohibit generic versions of its drug Lyrica.

• Macy’s (NYSE:M) stock lost 0.73% despite reporting better-than-expected third-quarter profit and lifting its forward guidance. The stock has risen nearly 30% this year as of yesterday’s close.

• Tilray (NASDAQ:TLRY) stock slumped 3.81% after the company reported a decline in average selling prices, placing pressure on margins.

Nike (NYSE:NKE) stock may see movement amid news that the company hired former Coca-Cola (NYSE:KO) executive Craig Williams as president of its sports shoes unit Jordan Brand.

• Starbucks (NASDAQ:SBUX) stock slipped 0.07% as the company planned to lay off about 350 global corporate employees, according to a memo to workers cited by Reuters.

• Ford Motor (NYSE:F) stock was little changed as its autonomous vehicle division announced it would team up with Walmart (NYSE:WMT) to explore self-driving goods delivery.

• Blue Apron (NYSE:APRN) stock gained 1.64% despite a decline in new clients and number of orders as the company announced it would cut its workforce by 4% as part of its strategy to reach profitability in 2019.

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MarketPulse Europe: Energy Sector on the Backfoot

- The European energy sector was among the worst performers in midday trade on Wednesday, as the ongoing plunge in oil prices scared off investors.

The European oil and gas index (SXEP) fell to its lowest since April 16 in early deals, before recovering some ground. It was last down around 1.1% by 6:40AM ET (1140GMT).

Crude prices were struggling to find their footing after a 7% plunge the previous day, their biggest one-day percentage decline in more than three years.

In London, Tullow Oil (LON:TLW) was off by around 3%, while BP (LON:BP) declined 1%.

French oil giant Total SA (PA:TOTF) slumped 0.8% in Paris, while Royal Dutch Shell (LON:RDSa) dropped 1.4%.

Italy's ENI (MI:ENI) and Saipem SpA (MI:SPMI) were also hit hard, down 2.7% apiece.

Energy stocks have been one of the biggest contributors to the region's earnings growth this quarter, making the slide a significant concern for investors.

Mining stocks were also on the backfoot, amid mounting concerns over a slowdown in global economic growth. Rio Tinto (LON:RIO) and Antofagasta (LON:ANTO) each lost 3.7% in London, while BHP Billiton (LON:BLT) dipped 2.7%.

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India stocks lower at close of trade; Nifty 50 down 0.06%

– India stocks were lower after the close on Wednesday, as losses in the IT, Technology and Healthcare sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.06%, while the BSE Sensex 30 index declined 0.01%.

The best performers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd (NS:HPCL), which rose 4.04% or 9.40 points to trade at 243.70 at the close. Meanwhile, Bharat Petroleum Corp. Ltd. (NS:BPCL) added 3.60% or 10.90 points to end at 315.95 and UPL Ltd (NS:UPLL) was up 3.05% or 22.45 points to 760.25 in late trade.

The worst performers of the session were Sun Pharmaceutical Industries Ltd. (NS:SUN), which fell 7.41% or 41.65 points to trade at 520.10 at the close. Tech Mahindra Ltd (NS:TEML) declined 3.58% or 26.05 points to end at 700.25 and GAIL Ltd (NS:GAIL) was down 3.52% or 12.85 points to 352.55.

The top performers on the BSE Sensex 30 were Maruti Suzuki India Ltd. (BO:MRTI) which rose 3.16% to 7372.35, Asian Paints Ltd. (BO:ASPN) which was up 2.73% to settle at 1319.90 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which gained 2.72% to close at 160.75.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 7.36% to 520.35 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 3.04% to settle at 1129.55 and Tata Consultancy Services Ltd. (BO:TCS) which was down 2.85% to 1880.55 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 908 to 676 and 64 ended unchanged; on the Bombay Stock Exchange, 1360 fell and 1152 advanced, while 128 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.70% to 18.8250.

Gold Futures for December delivery was up 0.11% or 1.30 to $1200.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.13% or 0.07 to hit $55.76 a barrel, while the January Brent oil contract rose 0.61% or 0.40 to trade at $65.87 a barrel.

USD/INR was down 0.07% to 72.275, while EUR/INR fell 0.68% to 81.4315.

The US Dollar Index Futures was up 0.06% at 97.20.

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Top 5 Things to Know in The Market on Wednesday

- Here are the top five things you need to know in financial markets on Wednesday, November 14:

1. Global Growth Woes Knock Stocks Lower

Global stock markets were on the backfoot, as appetite for riskier assets weakened amid mounting concerns over a slowdown in global economic growth.

Fears over the health of the global economy intensified after data showed that Germany’s economy contracted in the third quarter for the first time since 2015.

The disappointing data came after a report overnight showing that Japan’s economy shrank in the three months to September, highlighting fears over the impact of trade wars on the outlook for global growth.

Investors were further spooked by increasing political uncertainty in Europe. British Prime Minister Theresa May will try to convince her deeply divided cabinet to accept a draft European Union divorce deal at a meeting later in the day.

That news comes alongside Italy's decision to defy the European Commission by sticking to plans for a high deficit in next year's draft budget.

In Asia, markets in the region ended deep in negative territory, led by losses in China.

The downbeat sentiment carried over to Europe, where the continent's major bourses fell in mid-morning trade, with nearly all sectors in the red.

On Wall Street, the blue-chip Dow futures were down 25 points, or about 0.1%, by 5:35AM ET (1035GMT), the S&P 500 futures shed 3 points, or around 0.1%, while the tech-heavy Nasdaq 100 futures indicated a drop of 27 points, or roughly 0.4%.

2. Oil Attempts to Find Footing After Bloodbath

Oil prices attempted to find their footing after suffering their biggest one-day percentage decline in more than three years in the last session, following reports that OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day (bpd) for 2019.

U.S. West Texas Intermediate crude futures were up 11 cents, or roughly 0.2%, at $55.80 a barrel. It tumbled 7% on Tuesday to settle at a one-year low of $54.75, retreating for the 12th straight session.

International Brent crude oil futures rose 44 cents, or 0.7%, to $65.94 per barrel, following a plunge of more than 6% a day earlier.

Crude oil has lost over a quarter of its value since early October in what has become one of the biggest declines since a price collapse in 2014, with surging supply and the specter of faltering demand scaring off investors.

3. Macy's Reports Earnings

Macy’s (NYSE:M) is one of the last notable names slated to report third-quarter results before U.S. markets open, as the earnings season continues to wind down.

The retailer is expected to report earnings of 14 cents per share on revenue of $5.4 billion, according to estimates.

Investors will be closely watching the results for a view of general consumer confidence in the economy. Consumer spending accounts for as much as 70% of U.S. economic growth.

Other headliners expected out today include S&P 500 members NetApp (NASDAQ:NTAP) and Cisco (NASDAQ:CSCO), both due after the bell. Canada Goose (NYSE:GOOS) and Canopy Growth (NYSE:CGC) are also set to report today.

4. Inflation Data Ahead

On the data front, investors will get key inflation data in the morning with the October report on consumer prices set for release at 8:30AM ET (1330GMT).

Consumer prices are expected to have risen 0.3% last month and 2.5% over the prior year, according to estimates. Excluding the cost of food and fuel, core inflation is projected to climb 2.2% on a year-over-year basis.

Rising inflation would be a catalyst to push the Fed toward raising interest rates at a faster pace than currently expected.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was little changed at 97.15. The index hit a 16-month high of 97.53 on Monday.

In the bond market, U.S. Treasury prices edged higher, pushing yields lower across the curve, with the benchmark 10-year yield falling to 3.14%.

5. Fed Chair Powell Speaks

Federal Reserve Chair Jerome Powell is due to speak, along with Dallas Fed President Robert Kaplan, about economic issues at an event hosted by the Federal Reserve Bank of Dallas at 6:00PM ET (2300GMT).

Markets will pay close attention to his remarks, as they watch for further clues on interest rates.

The Fed left borrowing costs on hold earlier this month, but delivered an upbeat assessment of the economy, reaffirming expectations for a December rate hike.

Investors will also tune in to Fed Governor Randal Quarles’s semi-annual testimony to Congress on banking supervision and regulation. He is due to appear before the House Financial Services Committee at 10AM ET (1500GMT).

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Euro Zone GDP Grows Just 0.2% in Third Quarter

- A slowdown in growth in the euro area economy in the third quarter was confirmed by a preliminary estimate released on Wednesday.

Eurostat said the euro area economy grew by just 0.2% in the third quarter, matching the initial flash estimate and economists’ forecasts.

The euro area economy had expanded by 0.4% in the second quarter.

The economy expanded by an annualized 1.7% in the three months to September, also matching the initial estimate and slowing from a upwardly revised 2.2% in the second quarter.

Earlier Wednesday, data showed that Germany’s economy contracted for the first time since the first quarter of 2015 in the third quarter, adding to fears over the impact of global trade wars on the outlook for global growth.

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Dollar Dips, Pound Slips below 1.30 before Brexit Meeting

- The dollar dipped against a currency basket on Wednesday, while the pound slipped back below the 1.30 level ahead of a key UK cabinet meeting to debate the draft agreement on Brexit hammered out after more than a year of talks.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, slid 0.14% to 97.01 by 03:50 AM ET (08:50 AM GMT). The index hit a 16-month high of 97.53 on Monday.

The pound edged lower, with GBP/USD changing hands at 1.2974, after hitting a high of 1.3046 on Tuesday.

Sterling had strengthened after negotiators in Brussels finally agreed draft terms for Britain’s departure from the European Union.

But the pound slipped lower amid uncertainty over whether British Prime Minister Theresa May will be able to convince her deeply divided cabinet to back the deal at a meeting later in the day.

If the cabinet approves the plan, the EU expects to hold a special Brexit summit on Nov. 25. May can then present the deal to parliament, most likely in mid-December.

The euro was little changed against the pound, with EUR/GBP at 0.8702, holding above the five month lows of 0.8655 reached on Tuesday.

The single currency was flat against the dollar, with EUR/USD at 1.1282, off an overnight high of 1.1283.

In the euro zone, data showed that Germany’s economy contracted for the first time since the first quarter of 2015 in the third quarter, adding to fears over the impact of global trade wars on the outlook for global growth.

The data came after a report overnight showing that Japan’s economy contracted in the three months to September.

Investors were looking ahead to preliminary data on third quarter growth in the wider euro zone later in the day.

The euro was also on the back foot after Italy defied the European Commission by sticking to plans for a high deficit in next years draft budget.

Brussels, worried by the impact of high spending on Italy's high levels of debt, had told Rome to revise the budget or face possible fines.

The dollar was steady against the yen, with USD/JPY at 113.84.

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Yuan Flat After Mixed China Economic Data; Dollar Unchanged

- The yuan was flat on Wednesday after China reported a mixed economic report card for October. The dollar was unchanged as traders awaited Federal Reserve chairman Jerome Powell’s speech later in the day.

The USD/CNY pair was down 0.08% to 6.9514 by 1:00 AM ET (06:00 GMT).

China’s October industrial output and third-quarter investment grew faster than expected, but retail sales missed expectations, the National Bureau of Statistics (NBS) reported on Wednesday.

Industrial output jumped 5.9% in October, outperforming previous expectations of a 5.7% growth, the NBS said.

Meanwhile, Fixed-asset investment growth came in at 5.7% in the January-October period, again beating analysts’ estimates of a 5.5% growth.

Private-sector fixed-asset investment rose 8.8% in January-October, compared with an increase of 8.7% in the first three quarters.

Private investment accounts for about 60% of overall investment in China.

Retail sales, on the other hand, rose 8.6% year-on-year in October. Markets expected sales to rise by 9.1%.

The People's Bank of China (PBOC) set the yuan reference rate at 6.9402 vs the previous day's fix of 6.9629.

The U.S. dollar index that tracks the greenback against a basket of other currencies was unchanged at 96.98.

Federal Reserve chairman Jerome Powell will speak later in the day, reports citing analysts said Powell might attempt to calm concerns about the Fed hiking rates too fast.

The EUR/USD pair slipped 0.04%, and the GBP/USD pair inched up 0.07%. U.K. Prime Minister Theresa May will present a draft text of a Brexit withdrawal agreement to her senior ministers on Wednesday after both the UK and EU reached consensus on the Brexit divorce deal.

The divorce deal, however, is widely expected to meet opposition in the UK parliament.

"The problem is it has to come to parliament, and all we know about the views of different people across the political spectrum is a deal of this kind is not going to get through," Liberal Democrat leader Vince Cable told the BBC on Tuesday.

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Australia stocks lower at close of trade; S&P/ASX 200 down 1.74%

– Australia stocks were lower after the close on Wednesday, as losses in the Energy, Resources and Metals&Mining sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 fell 1.74%.

The best performers of the session on the S&P/ASX 200 were CYBG PLC (AX:CYB), which rose 3.37% or 0.160 points to trade at 4.910 at the close. Meanwhile, Corporate Travel Managment Ltd (AX:CTD) added 3.01% or 0.670 points to end at 22.900 and Washington H Soul Pattinson&Co Ltd (AX:SOL) was up 3.00% or 0.890 points to 30.600 in late trade.

The worst performers of the session were Aveo Group (AX:AOG), which fell 9.81% or 0.185 points to trade at 1.700 at the close. Pact Group Holdings Ltd (AX:PGH) declined 9.72% or 0.350 points to end at 3.250 and Elders Ltd (AX:ELD) was down 8.44% or 0.650 points to 7.050.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 814 to 351 and 326 ended unchanged.

Shares in Aveo Group (AX:AOG) fell to 5-year lows; down 9.81% or 0.185 to 1.700. Shares in Pact Group Holdings Ltd (AX:PGH) fell to 3-years lows; falling 9.72% or 0.350 to 3.250. Shares in Washington H Soul Pattinson&Co Ltd (AX:SOL) rose to all time highs; gaining 3.00% or 0.890 to 30.600.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 11.64% to 17.509.

Gold Futures for December delivery was up 0.08% or 1.00 to $1202.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.83% or 0.46 to hit $55.23 a barrel, while the January Brent oil contract fell 0.44% or 0.29 to trade at $65.18 a barrel.

AUD/USD was unchanged 0.00% to 0.7218, while AUD/JPY rose 0.09% to 82.22.

The US Dollar Index Futures was up 0.01% at 96.99.

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Cryptocurrencies Mixed as Investors Show Confidence in Blockchain Technology

- Cryptocurrency prices were mixed on Wednesday morning in Asia, with Bitcoin alone edging up among other major digital tokens, and HSBC investing in New York-based blockchain startup Axoni on Tuesday.

Bitcoin inched up 0.18% to $6,435.5 at 10:51PM ET (02:51 GT) on the Bitifinex exchange.

Ethereum fell 0.71% to $210.12 on the Bitifinex exchange.

XRP dropped 0.9% to $0.51647 on the Poloniex exchange.

Litecoin dived 1.2% to $50.529 on the Bitifinex exchange.

HSBC joined Axoni’s series B financing round, raising a total of $36 million. The startup said it will use the funds to enhance its data synchronization technology, expand its suite of infrastructure products and to advance an Ethereum-compatible smart contracting language that enables formal verification.

“Distributed ledger technology will clearly be important in modernizing the shared infrastructure of capital markets,” said Matthew J. Flanigan, COO of HSBC Bank USA, in a statement.

Elsewhere, over a third of German logistics managers said they believe blockchain technology could significantly enhance cooperation in supply chains, according to a Hermes survey.

This comes after nine ocean carriers and terminal operators inked an MOU last week to set up a consortium, with the aim of developing an open digital platform based on distributed ledger technology, according to the Maritime Executive.

Set to be available next month, the platform will allow shippers to digitize and organize their dangerous goods documents and connect with relevant parties to expediate the approval process.

On the flip side, frauds and scams concerning digital currencies continue to be a concern.

Bloomberg reported that U.S. trader Joseph Kim was sentenced to 15 months in prison for mishandling $1.1 million in Bitcoin and Litecoin in 2017, marking the first criminal prosecution involving crypto trading. Kim’s scheme hurt at least five investors.

Recent reports showed that hackers obtained control of the Twitter account of department store retailer Target (NYSE:TGT) on Tuesday, among others. With the accounts, they distributed messages promising to compensate people with bitcoin if they pay in cryptocurrencies. Target said later that Twitter is currently investigating the incident.

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Oil Prices Slip After Plunging 7% Overnight

- Oil prices slipped on Wednesday after diving 7% the previous day and suffered their biggest one-day loss in more than three years.

Crude Oil WTI Futures declined 0.3% at $55.5 a barrel by 11:19 AM ET (04:19 GMT).

Meanwhile, Brent Oil Futures, the benchmark for oil prices outside the U.S., was down 0.2%, to $65.34.

Both benchmarks are now officially in the bear market territory, as they slumped more than 20% from their 52-week highs.

"It's like a run on the bank," said Phil Flynn, an analyst at Price Futures Group in Chicago. "It's getting to the point where it doesn't seem to be about fundamentals anymore, but a total collapse in price."

Citing analysts, Reuters said worries over weakening global demand, and surging U.S. productions were the main catalysts for the selling.

Overall U.S. crude production hit a record 11.6 million bpd, making the United States the world's biggest oil producer ahead of Russia and Saudi Arabia.

Meanwhile, the American Petroleum Institute showed on Tuesday that

U.S. crude inventories climbed by 7.8 million barrels in the week ending Nov. 2 to 432 million as refineries cut output.

Crude oil prices surged earlier this year as the market prepared for shortages amid restoration of sanctions against Iran, the third-largest producer of OPEC.

The positive sentiment in oil prices diminished however after the sanctions were proven to be less severe, as U.S. President Donald Trump announced last week that several of Iran’s major buyers would be granted exemptions that allow them to continue buying limited amounts of crude for at least another six months.

Trump’s comments came one day after Saudi energy minister Khalid al-Falih said Saudi Arabia would cut oil output from December and suggested that other members of OPEC and their non-OPEC allies led by Russia could follow suit.

The kingdom would cut oil supply by 0.5 million barrels per day (bpd) in December due to lower seasonal demand. The cut represents a reduction in global oil supply of about 0.5%, according to reports.

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Asian Equities Fall; Kudlow Confirms Talks Between U.S, China

- Asian equities fell in morning trade on Wednesday, with Australian stocks down more than 1.5%. Reports that top white house economic advisor Larry Kudlow confirmed the U.S. is talking with China again on trade issues were in focus.

Kudlow told CNBC in an interview that communications between the two nations are at all levels of two governments, adding that he has spoken to Treasury Secretary Steven Mnuchin about it as part of their preparation for the upcoming G-20 summit.

"I think that's very, very, very positive," said Kudlow, although he refused to make a prediction on the outcome of the discussions.

The U.S. is also in “very good” communications with the European Union and with Japan, Kudlow added.

In Asia, China’s Shanghai Composite and the Shenzhen Component were down 0.2% and 0.4% respectively by 10:30 PM ET (03:30 GMT). Hong Kong’s Hang Seng Index also slipped 0.2%.

Data on Wednesday showed China’s industrial output jumped 5.9% in October, outperforming previous expectations of a 5.7% growth.

Fixed-asset investment growth came in at 5.7% in the January-October period, again beating analysts’ estimates of a 5.5% growth.

Retail sales, on the other hand, rose 8.6% year-on-year in October. Markets expected sales to rise by 9.1%.

Japan’s Nikkei 225 rose 0.3% as government data showed the country’s third-quarter GDP shrank at an annualised rate of 1.2%, comparing with the median estimate of a 1.0% annualised contraction.

Elsewhere, South Korea’s KOSPI slid 0.3%.

Looking ahead, Federal Reserve chairman Jerome Powell will speak later in the day, reports citing analysts said Powell might attempt to calm concerns about the Fed hiking rates too fast.

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U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.40%

– U.S. stocks were mixed after the close on Tuesday, as gains in the Financials, Utilities and Industrials sectors led shares higher while losses in the Oil&Gas, Healthcare and Telecoms sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.40%, while the S&P 500 index fell 0.15%, and the NASDAQ Composite index added 0.03%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 1.59% or 0.74 points to trade at 47.39 at the close. Meanwhile, American Express Company (NYSE:AXP) added 1.29% or 1.37 points to end at 107.86 and Procter&Gamble Company (NYSE:PG) was up 0.83% or 0.77 points to 93.47 in late trade.

The worst performers of the session were Exxon Mobil Corp (NYSE:XOM), which fell 2.29% or 1.83 points to trade at 78.00 at the close. Boeing Co (NYSE:BA) declined 2.11% or 7.52 points to end at 349.51 and Chevron Corp (NYSE:CVX) was down 1.74% or 2.04 points to 115.35.

The top performers on the S&P 500 were Advance Auto Parts Inc (NYSE:AAP) which rose 10.57% to 184.72, General Electric Company (NYSE:GE) which was up 7.76% to settle at 8.61 and NVIDIA Corporation (NASDAQ:NVDA) which gained 5.15% to close at 199.31.

The worst performers were Coty Inc (NYSE:COTY) which was down 5.66% to 8.16 in late trade, Tyson Foods Inc (NYSE:TSN) which lost 5.58% to settle at 58.17 and Halliburton Company (NYSE:HAL) which was down 5.53% to 32.27 at the close.

The top performers on the NASDAQ Composite were Pyxis Tankers Inc (NASDAQ:PXS) which rose 53.89% to 2.9700, EyeGate Pharmaceuticals Inc (NASDAQ:EYEG) which was up 34.66% to settle at 0.420 and Hudson Technologies Inc (NASDAQ:HDSN) which gained 32.96% to close at 0.960.

The worst performers were EverQuote Inc Class A (NASDAQ:EVER) which was down 43.49% to 6.73 in late trade, PHI Inc (NASDAQ:PHIIK) which lost 25.27% to settle at 4.76 and CTI Industries Corporation (NASDAQ:CTIB) which was down 24.30% to 3.02 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1624 to 1451 and 78 ended unchanged; on the Nasdaq Stock Exchange, 1317 fell and 1312 advanced, while 89 ended unchanged.

Shares in Advance Auto Parts Inc (NYSE:AAP) rose to 3-years highs; rising 10.57% or 17.66 to 184.72. Shares in Coty Inc (NYSE:COTY) fell to all time lows; losing 5.66% or 0.49 to 8.16. Shares in Halliburton Company (NYSE:HAL) fell to 52-week lows; falling 5.53% or 1.89 to 32.27. Shares in Procter&Gamble Company (NYSE:PG) rose to 52-week highs; rising 0.83% or 0.77 to 93.47. Shares in EverQuote Inc Class A (NASDAQ:EVER) fell to all time lows; losing 43.49% or 5.18 to 6.73. Shares in PHI Inc (NASDAQ:PHIIK) fell to all time lows; falling 25.27% or 1.61 to 4.76. Shares in CTI Industries Corporation (NASDAQ:CTIB) fell to 5-year lows; falling 24.30% or 0.97 to 3.02.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.10% to 20.02.

Gold Futures for December delivery was up 0.16% or 1.90 to $1203.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 7.89% or 4.73 to hit $55.20 a barrel, while the January Brent oil contract fell 7.12% or 4.99 to trade at $65.13 a barrel.

EUR/USD was up 0.61% to 1.1288, while USD/JPY fell 0.04% to 113.79.

The US Dollar Index Futures was down 0.39% at 97.00.

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Canada stocks lower at close of trade; S&P/TSX Composite down 0.23%

– Canada stocks were lower after the close on Tuesday, as losses in the Energy, Healthcare and Clean Technology sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite lost 0.23%.

The best performers of the session on the S&P/TSX Composite were Badger Daylighting Ltd . (TO:BAD), which rose 10.39% or 2.93 points to trade at 31.13 at the close. Meanwhile, Lundin Mining Corporation (TO:LUN) added 5.28% or 0.280 points to end at 5.580 and TFI International Inc (TO:TFII) was up 4.16% or 1.81 points to 45.31 in late trade.

The worst performers of the session were Premium Brands Holdings Corporation (TO:PBH), which fell 16.13% or 14.01 points to trade at 72.83 at the close. CES Energy Solutions Corp (TO:CEU) declined 10.30% or 0.340 points to end at 2.960 and Baytex Energy Corp (TO:BTE) was down 10.00% or 0.25 points to 2.25.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 750 to 384 and 91 ended unchanged.

Shares in Premium Brands Holdings Corporation (TO:PBH) fell to 52-week lows; down 16.13% or 14.01 to 72.83. Shares in CES Energy Solutions Corp (TO:CEU) fell to 52-week lows; losing 10.30% or 0.340 to 2.960. Shares in Baytex Energy Corp (TO:BTE) fell to 52-week lows; falling 10.00% or 0.25 to 2.25.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 7.09% to 18.35.

Gold Futures for December delivery was up 0.16% or 1.90 to $1203.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 7.99% or 4.79 to hit $55.14 a barrel, while the January Brent oil contract fell 7.16% or 5.02 to trade at $65.10 a barrel.

CAD/USD was up 0.08% to 0.7554, while CAD/EUR fell 0.54% to 0.6692.

The US Dollar Index Futures was down 0.39% at 97.00.

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Gold Ends Down But Bounces Back Above $1,200

- Gold broke below its long-held perch of $1,200 an ounce on Tuesday before settling above that key psychological level, keeping alive bullion fans' hopes of a recovery as equity markets struggled again.

Futures for December delivery fell to a November low of $1,196.70 per troy ounce before settling at $1,201.40, down $2.10, or 0.2% on the day. It was the fourth-straight day of losses for the yellow metal, which has lost more than $20 since its last positive settlement on Nov. 7.

On Wall Street, the Dow fell 0.3% by 3:47 PM ET (20:47 GMT), giving back early gains that signaled the market wasn't on firm footing yet after October's rout.

"The skittish trading in stocks is actually giving gold bulls hope that the market can hold at above the $1,200 and possibly take on the $1,250 resistance in the near term despite the threat of oncoming rate hikes and what that could do to the dollar," said Tom Beller, market strategist at RJO Futures in Chicago.

The dollar index, which measures the greenback against a basket of six currencies, was down 0.4% to 97.02.

The dollar rallied last week after strong U.S. producer price index data on Friday underlined the case for the Federal Reserve to raise interest rates again in December.

The Fed has already hiked rates three times this year and is determined to stay ahead of the inflationary curve with more increases in 2019 after the robust growth seen lately in the economy.

Dealers are looking out for this week's consumer price index (CPI ) and retail sales data to see if they beat expectations and further inflate the dollar.

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Brazil stocks lower at close of trade; Bovespa down 0.77%

– Brazil stocks were lower after the close on Tuesday, as losses in the Financials, Real Estate and Electric Power sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 0.77%.

The best performers of the session on the Bovespa were Suzano Papel e Celulose SA (SA:SUZB3), which rose 6.17% or 2.11 points to trade at 36.31 at the close. Meanwhile, EDP - Energias do Brasil SA (SA:ENBR3) added 2.98% or 0.41 points to end at 14.16 and Vale SA (SA:VALE3) was up 2.59% or 1.42 points to 56.27 in late trade.

The worst performers of the session were Petroleo Brasileiro SA (SA:PETR3), which fell 4.61% or 1.29 points to trade at 26.70 at the close. Tim Participacoes SA (SA:TIMP3) declined 4.55% or 0.54 points to end at 11.33 and Petroleo Brasileiro SA PN (SA:PETR4) was down 4.30% or 1.09 points to 24.24.

Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 254 to 155 and 27 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.70% to 40.48.

Gold Futures for December delivery was up 0.01% or 0.10 to $1201.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 8.01% or 4.80 to hit $55.13 a barrel, while the December US coffee C contract fell 0.82% or 0.90 to trade at $109.25 .

USD/BRL was up 0.94% to 3.8031, while EUR/BRL rose 1.47% to 4.2886.

The US Dollar Index Futures was down 0.32% at 97.07.

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Day Ahead: Top 3 Things to Watch

- Here’s a preview of the top 3 things that could rock markets tomorrow.

1. Retail Inflation Due Up

Inflation data leads tomorrow’s economic calendar as the latest numbers on retail prices arrive.

The Labor Department will release the October consumer price index (CPI) at 8:30 AM ET (13:30 GMT).

On average, economists expect that the CPI rose 0.3% last month. The core CPI, which excludes food and energy prices, if forecast to have risen 0.2%.

Following a hotter-than-expected producer price index for October, investors will looking for further evidence that the Federal Reserve can maintain its plan of more rate hikes.

Core prices are viewed by the Fed as a better gauge of longer-term inflationary pressure precisely because they exclude the volatile food and energy categories.

The central bank usually tries to aim for 2% core inflation or less.

Recent solid U.S. economic reports and an upbeat assessment of the economy from Fed Chairman Jerome Powell have triggered expectations for a faster-than-expected pace of rate hikes from the Fed.

2. Macy’s Reports Earnings Before the Bell

Macy’s (NYSE:M) continues the retail earnings coming out this week, issuing numbers before the bell.

Analysts predict that the company earned 14 cents per share on sales of $5.4 billion.

The department store chain has topped profit forecasts in the last three quarters and the stock has nearly doubled in the past year.

The biggest worry, which briefly derailed the stock’s remarkable run over the past year, was rising costs, ’s Haris Anwar writes.

“During its second quarter earnings report in August, Macy’s warned investors that gross margins are expected to decline in the second half of the year compared with the first half, on higher costs associated with the company’s new loyalty program,” Anwar wrote.

3. Huge Crude Selloff Continues

Oil prices will be grabbing headlines as prices plunged today, pushing crude further into bear market territory.

WTI futures fell about 8%, its 12th consecutive day of losses. WTI is now about 30% off its recent highs, as there looks to be ample supply despite U.S. oil sanctions on Iran going into effect this month.

Strong U.S. production is another factor in the selling and there will be more numbers out tomorrow.

The American Petroleum Institute will report its measure of U.S. crude inventories tomorrow. It reported a build of 7.83 million barrels the week before.

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Portugal stocks lower at close of trade; PSI 20 down 0.73%

– Portugal stocks were lower after the close on Tuesday, as losses in the Industrials, Basic Materials and Consumer Goods sectors led shares lower.

At the close in Lisbon, the PSI 20 fell 0.73%.

The best performers of the session on the PSI 20 were Sonae Capital (LS:SONAC), which rose 2.02% or 0.0150 points to trade at 0.7560 at the close. Meanwhile, J. Martins SGPS (LS:JMT) added 1.08% or 0.1150 points to end at 10.7650 and Altri SGPS (LS:ALSS) was up 0.84% or 0.0600 points to 7.1700 in late trade.

The worst performers of the session were Galp Energia Nom (LS:GALP), which fell 4.30% or 0.6350 points to trade at 14.1400 at the close. Mota Engil (LS:MOTA) declined 2.46% or 0.0420 points to end at 1.6640 and Ibersol SGPS (LS:IBS) was down 1.91% or 0.160 points to 8.220.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 19 to 16 and 5 ended unchanged.

Shares in Galp Energia Nom (LS:GALP) fell to 52-week lows; losing 4.30% or 0.6350 to 14.1400. Shares in Mota Engil (LS:MOTA) fell to 52-week lows; falling 2.46% or 0.0420 to 1.6640. Shares in Ibersol SGPS (LS:IBS) fell to 52-week lows; falling 1.91% or 0.160 to 8.220.

Brent oil for January delivery was down 4.41% or 3.09 to $67.03 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December fell 4.57% or 2.74 to hit $57.19 a barrel, while the December Gold Futures contract rose 0.09% or 1.10 to trade at $1202.40 a troy ounce.

EUR/USD was up 0.50% to 1.1275, while EUR/GBP fell 0.71% to 0.8668.

The US Dollar Index Futures was down 0.32% at 97.07.

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Netherlands stocks higher at close of trade; AEX up 0.67%

– Netherlands stocks were higher after the close on Tuesday, as gains in the Oil&Gas, Consumer Goods and Technology Hardware&Equipment sectors led shares higher.

At the close in Amsterdam, the AEX gained 0.67% to hit a new 1-month high.

The best performers of the session on the AEX were ASML Holding NV (AS:ASML), which rose 2.86% or 4.26 points to trade at 153.16 at the close. Meanwhile, Koninklijke Ahold Delhaize NV (AS:AD) added 2.53% or 0.570 points to end at 23.125 and Galapagos NV (AS:GLPG) was up 2.38% or 2.140 points to 92.140 in late trade.

The worst performers of the session were ASR Nederland NV (AS:ASRNL), which fell 2.09% or 0.86 points to trade at 40.34 at the close. Royal Dutch Shell PLC Class A (AS:RDSa) declined 1.37% or 0.380 points to end at 27.405 and ArcelorMittal SA (AS:MT) was down 0.53% or 0.115 points to 21.635.

Rising stocks outnumbered declining ones on the Amsterdam Stock Exchange by 70 to 53 and 12 ended unchanged.

Shares in Koninklijke Ahold Delhaize NV (AS:AD) rose to 5-year highs; rising 2.53% or 0.570 to 23.125.

The AEX Volatility, which measures the implied volatility of AEX options, was down 4.27% to 15.19.

Crude oil for December delivery was down 4.29% or 2.57 to $57.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 4.12% or 2.89 to hit $67.23 a barrel, while the December Gold Futures contract rose 0.10% or 1.20 to trade at $1202.50 a troy ounce.

EUR/USD was up 0.49% to 1.1274, while EUR/GBP fell 0.68% to 0.8671.

The US Dollar Index Futures was down 0.32% at 97.07.

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Spain stocks higher at close of trade; IBEX 35 up 0.76%

– Spain stocks were higher after the close on Tuesday, as gains in the Financial Services&Real Estate, Consumer Services and Telecoms&IT sectors led shares higher.

At the close in Madrid, the IBEX 35 rose 0.76%.

The best performers of the session on the IBEX 35 were Indra A (MC:IDR), which rose 4.32% or 0.350 points to trade at 8.455 at the close. Meanwhile, International Consolidated Airlines Group SA (MC:ICAG) added 3.38% or 0.246 points to end at 7.528 and B. Sabadell (MC:SABE) was up 2.55% or 0.030 points to 1.206 in late trade.

The worst performers of the session were Distribuidora Intl de Aliment (MC:DIDA), which fell 6.26% or 0.045 points to trade at 0.674 at the close. Acciona (MC:ANA) declined 3.51% or 2.840 points to end at 78.080 and Tecnicas Reunidas (MC:TRE) was down 2.47% or 0.540 points to 21.310.

Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 95 to 73 and 21 ended unchanged.

Shares in Tecnicas Reunidas (MC:TRE) fell to 5-year lows; falling 2.47% or 0.540 to 21.310.

Gold Futures for December delivery was up 0.11% or 1.30 to $1202.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 4.15% or 2.49 to hit $57.44 a barrel, while the January Brent oil contract fell 3.99% or 2.80 to trade at $67.32 a barrel.

EUR/USD was up 0.51% to 1.1276, while EUR/GBP fell 0.70% to 0.8669.

The US Dollar Index Futures was down 0.33% at 97.06.

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Denmark stocks lower at close of trade; OMX Copenhagen 20 down 1.09%

– Denmark stocks were lower after the close on Tuesday, as losses in the Chemicals, Healthcare and Software&Computer Services sectors led shares lower.

At the close in Copenhagen, the OMX Copenhagen 20 lost 1.09%.

The best performers of the session on the OMX Copenhagen 20 were ISS A/S (CO:ISS), which rose 2.48% or 5.60 points to trade at 231.00 at the close. Meanwhile, FLSmidth&Co. (CO:FLS) added 1.05% or 3.7 points to end at 354.6 and AP Moeller - Maersk A/S B (CO:MAERSKb) was up 0.55% or 48 points to 8730 in late trade.

The worst performers of the session were Ambu A/S (CO:AMBUb), which fell 13.97% or 19.0 points to trade at 117.0 at the close. Jyske Bank A/S (CO:JYSK) declined 2.91% or 8.1 points to end at 270.7 and Genmab (CO:GEN) was down 2.52% or 24.2 points to 935.0.

Falling stocks outnumbered advancing ones on the Copenhagen Stock Exchange by 83 to 36 and 20 ended unchanged.

Crude oil for December delivery was down 4.14% or 2.48 to $57.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 3.98% or 2.79 to hit $67.33 a barrel, while the December Gold Futures contract rose 0.10% or 1.20 to trade at $1202.50 a troy ounce.

USD/DKK was down 0.48% to 6.6176, while EUR/DKK rose 0.03% to 7.4615.

The US Dollar Index Futures was down 0.33% at 97.06.

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Germany stocks higher at close of trade; DAX up 1.30%

– Germany stocks were higher after the close on Tuesday, as gains in the Technology, Software and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX added 1.30%, while the MDAX index climbed 1.07%, and the TecDAX index added 1.57%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 4.15% or 0.695 points to trade at 17.460 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 4.07% or 0.800 points to end at 20.450 and Wirecard AG (DE:WDIG) was up 3.49% or 5.300 points to 157.000 in late trade.

The worst performers of the session were Bayer AG NA (DE:BAYGN), which fell 2.87% or 1.97 points to trade at 66.64 at the close. Linde PLC (DE:LINI) declined 1.50% or 2.150 points to end at 140.800 and Fresenius SE&Co KGAA O.N. (DE:FREG) was down 0.80% or 0.420 points to 52.040.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 5.51% to 81.600, Schaeffler AG Pref (DE:SHA_p) which was up 4.50% to settle at 8.41 and Rheinmetall AG (DE:RHMG) which gained 4.17% to close at 78.000.

The worst performers were Aareal Bank AG (DE:ARLG) which was down 4.95% to 30.900 in late trade, Delivery Hero AG (DE:DHER) which lost 4.13% to settle at 33.46 and Uniper SE (DE:UN01) which was down 2.76% to 25.320 at the close.

The top performers on the TecDAX were Hamburger Hafen Und Logistik A-SP (DE:HHFGn) which rose 8.02% to 20.200, Isra Vision O.N. (DE:ISRG) which was up 7.51% to settle at 38.65 and Deutz AG (DE:DEZG) which gained 7.45% to close at 6.850.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 16.83% to 7.968 in late trade, SMA Solar Technology AG (DE:S92G) which lost 6.38% to settle at 18.190 and HelloFresh SE (DE:HFGG) which was down 4.61% to 10.55 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 401 to 291 and 87 ended unchanged.

Shares in Fresenius SE&Co KGAA O.N. (DE:FREG) fell to 3-years lows; losing 0.80% or 0.420 to 52.040. Shares in Aareal Bank AG (DE:ARLG) fell to 52-week lows; down 4.95% or 1.610 to 30.900.

The DAX volatility index, which measures the implied volatility of DAX options, was up 10.19% to 18.93.

Gold Futures for December delivery was up 0.14% or 1.70 to $1203.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 4.25% or 2.55 to hit $57.38 a barrel, while the January Brent oil contract fell 4.19% or 2.94 to trade at $67.18 a barrel.

EUR/USD was up 0.58% to 1.1284, while EUR/GBP fell 0.84% to 0.8657.

The US Dollar Index Futures was down 0.42% at 96.97.

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Norway stocks lower at close of trade; Oslo OBX down 1.43%

– Norway stocks were lower after the close on Tuesday, as losses in the Technology Hardware&Equipment, Energy and Diversified Financials sectors led shares lower.

At the close in Oslo, the Oslo OBX fell 1.43%.

The best performers of the session on the Oslo OBX were SalMar ASA (OL:SALM), which rose 4.36% or 21.30 points to trade at 509.50 at the close. Meanwhile, Norwegian Air Shuttle ASA (OL:NWC) added 3.00% or 6.60 points to end at 226.40 and Telenor ASA (OL:TEL) was up 1.33% or 2.1 points to 160.5 in late trade.

The worst performers of the session were DNO International ASA (OL:DNO), which fell 10.33% or 1.65 points to trade at 14.32 at the close. Equinor ASA (OL:EQNR) declined 4.33% or 9.2 points to end at 208.2 and Aker ASA (OL:AKER) was down 3.61% or 21.0 points to 560.0.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 142 to 50 and 16 ended unchanged.

Shares in SalMar ASA (OL:SALM) rose to all time highs; up 4.36% or 21.30 to 509.50.

Crude oil for December delivery was down 3.97% or 2.38 to $57.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 3.78% or 2.65 to hit $67.47 a barrel, while the December Gold Futures contract rose 0.17% or 2.10 to trade at $1203.40 a troy ounce.

EUR/NOK was up 0.06% to 9.5685, while USD/NOK fell 0.56% to 8.4766.

The US Dollar Index Futures was down 0.43% at 96.96.

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Greece stocks higher at close of trade; Athens General Composite up 0.64%

– Greece stocks were higher after the close on Tuesday, as gains in the Travel, Media and Retail sectors led shares higher.

At the close in Athens, the Athens General Composite rose 0.64%.

The best performers of the session on the Athens General Composite were Eurobank Ergasias SA (AT:EURBr), which rose 0.82% or 0.0050 points to trade at 0.6170 at the close. Meanwhile, National Bank of Greece SA (AT:NBGr) added 5.45% or 0.072 points to end at 1.394 and Alpha Bank SA (AT:ACBr) was up 4.78% or 0.059 points to 1.294 in late trade.

The worst performers of the session were Nireus Aqua (AT:NIRr), which rose 2.67% or 0.005 points to trade at 0.185 at the close. Marfin Invest (AT:MRFr) added 3.42% or 0.002 points to end at 0.072 and Selonda Aquaculture SA (AT:SELr) was down 1.03% or 0.0006 points to 0.0574.

Rising stocks outnumbered declining ones on the Athens Stock Exchange by 68 to 32 and 14 ended unchanged.

Shares in Selonda Aquaculture SA (AT:SELr) fell to 3-years lows; down 1.03% or 0.0006 to 0.0574.

Gold Futures for December delivery was up 0.25% or 3.00 to $1204.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 3.92% or 2.35 to hit $57.58 a barrel, while the January Brent oil contract fell 3.82% or 2.68 to trade at $67.44 a barrel.

EUR/USD was up 0.61% to 1.1287, while EUR/GBP fell 0.65% to 0.8673.

The US Dollar Index Futures was down 0.40% at 96.99.

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Turkey stocks higher at close of trade; BIST 100 up 1.38%

– Turkey stocks were higher after the close on Tuesday, as gains in the Transport, Banking and Financials sectors led shares higher.

At the close in Istanbul, the BIST 100 gained 1.38%.

The best performers of the session on the BIST 100 were CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (IS:CRFSA), which rose 19.78% or 0.72 points to trade at 4.36 at the close. Meanwhile, Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS (IS:GOLTS) added 15.52% or 5.66 points to end at 42.14 and Koza Anadolu Metal Madencilik Isletmeleri AS (IS:KOZAA) was up 5.86% or 0.340 points to 6.140 in late trade.

The worst performers of the session were Ihlas Holding AS (IS:IHLAS), which fell 3.33% or 0.010 points to trade at 0.290 at the close. Aksa Enerji Uretim AS (IS:AKSEN) declined 3.08% or 0.100 points to end at 3.150 and ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS) was down 2.31% or 0.060 points to 2.540.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 218 to 133 and 56 ended unchanged.

Shares in Aksa Enerji Uretim AS (IS:AKSEN) fell to 52-week lows; falling 3.08% or 0.100 to 3.150. Shares in ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS) fell to 52-week lows; losing 2.31% or 0.060 to 2.540.

Gold Futures for December delivery was up 0.20% or 2.40 to $1203.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 4.34% or 2.60 to hit $57.33 a barrel, while the January Brent oil contract fell 4.14% or 2.90 to trade at $67.22 a barrel.

USD/TRY was up 0.67% to 5.5060, while EUR/TRY rose 1.29% to 6.2152.

The US Dollar Index Futures was down 0.33% at 97.06.

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General Electric Rises 3%

- General Electric (NYSE:GE) rose by 3.32% to trade at $8.26 by 10:33 (15:33 GMT) on Tuesday on the NYSE exchange.

The volume of General Electric shares traded since the start of the session was 44.02M. General Electric has traded in a range of $7.97 to $8.27 on the day.

The stock has traded at $9.5400 at its highest and $7.7200 at its lowest during the past seven days.

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Stocks - Wall Street Rises as Trade Tensions Ease

– Wall Street rose on Tuesday, as trade tensions between the U.S. and China eased.

The S&P 500 rose 14 points, or 0.54%, to 2,740.89 as of 9:37 AM ET (14:37 GMT), while the Dow increased 60 points, or 0.24%, to 25,447.43 and the tech-heavy Nasdaq Composite was up 64 points, or 0.90% to 7,265.51.

Trade war tensions eased on news that China’s trade negotiator could head to Washington ahead of a meeting of the two countries' leaders later this month.

The South China Morning Post reported that Liu He could visit Washington as part of the preparations for the talks between U.S. President Donald Trump and his Chinese counterpart Xi Jinping at the G20 summit in Argentina.

The U.S. has imposed tariffs of more than $250 billion Chinese imports, which China has retaliated against, as the two have failed to come up with a trade agreement.

General Electric (NYSE:GE) was among the gainers, rising 0.38% after it announced a series of agreements with Baker Hughes, including selling half of its stake in the oil services provider. Intel (NASDAQ:INTC) rose 0.63%, while Walt Disney (NYSE:DIS) gained 0.47% and Viking Therapeutics (NASDAQ:VKTX) surged 10.06%.

Elsewhere, Home Depot (NYSE:HD) fell 1.11% despite the retailer posting better-than-expected earnings. The report kicks off a week of retail earnings, with results from Walmart (NYSE:WMT) and Macy’s (NYSE:M) expected later in the week.

Meanwhile social media app Snap (NYSE:SNAP) fell 0.75% after its vice president of content Nick Bell announced he is leaving the company.

In commodities, gold futures rose 0.06% to $1,202.00 a troy ounce, while the U.S. dollar index, which measures the greenback against a basket of six major currencies, fell 0.24% to 97.15. Crude oil slumped 1.94% to $58.77 a barrel.

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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.31%

– Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Retail, Financial Services and Real Estate Development sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.31%.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (SE:4130), which rose 10.00% or 1.80 points to trade at 19.80 at the close. Meanwhile, Saudia Dairy and Foodstuff .Co (SE:2270) added 9.99% or 8.90 points to end at 98.00 and Al Sorayai Trading&Industrial Group (SE:1213) was up 9.96% or 1.08 points to 11.92 in late trade.

The worst performers of the session were Najran Cement Company (SE:3002), which fell 3.49% or 0.31 points to trade at 8.56 at the close. Eastern Province Cement Co. (SE:3080) declined 3.31% or 0.70 points to end at 20.42 and Taiba Holding Co. (SE:4090) was down 2.83% or 0.85 points to 29.15.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 92 to 85 and 10 ended unchanged.

Crude oil for December delivery was down 1.60% or 0.96 to $58.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.35% or 0.95 to hit $69.17 a barrel, while the December Gold Futures contract rose 0.01% or 0.10 to trade at $1201.40 a troy ounce.

EUR/SAR was up 0.39% to 4.2245, while USD/SAR fell 0.01% to 3.7511.

The US Dollar Index Futures was down 0.20% at 97.19.

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Stocks - U.S. Futures Point to Rebound on Earnings, Easing Trade Concerns

- U.S. futures were higher on Tuesday as concerns over trade tensions between the U.S. and China eased and strong quarterly earnings for Home Depot boosted the Dow.

The S&P 500 futures rose 16 points or 0.59% as of 6:48 AM ET (11:38 GMT) while Dow futures were up 127 points, or 0.50%. Meanwhile tech heavy Nasdaq 100 futures increased 57 points, or 0.83%.

Concerns over trade tensions eased on news that China’s trade negotiator could head to Washington ahead of a meeting of the two countries leaders later this month.

The South China Morning Post reported that Liu He could visit Washington as part of the preparations for the talks between U.S. President Donald Trump and his Chinese counterpart Xi Jinping at the G20 summit in Argentina.

The U.S. has imposed tariffs of more than $250 billion Chinese imports, which China has retaliated against, as the two have failed to come up with a trade agreement.

Home Depot (NYSE:HD) was among the top gainers in premarket trading, rising 2.27% after the retailers earnings beat forecasts.

Apple (NASDAQ:AAPL) edged up 0.22% after tumbling 5% on Monday amid worries over signs of weak iPhone demand.

Snap Inc (NYSE:SNAP) gained 5.11% after news that its vice president of content is leaving the company.

General Electric (NYSE:GE) increased 0.75% while Microsoft (NASDAQ:MSFT) was up 0.43% and Tesla (NASDAQ:TSLA) rose 0.90%.

Elsewhere Perrigo Co (NYSE:PRGO) fell 0.98%, while Procter & Gamble Company (NYSE:PG) dipped 0.20% and Halliburton (NYSE:HAL) down 0.47%.

On the central banking front, Minneapolis Fed President Neel Kashkari speaks at 10:00 AM ET (15:00 GMT), while Fed Governor Lael Brainard is speaking at the Philadelphia Fed’s fintech conference, along with Philly Fed President Patrick Harker. San Francisco Fed President Mary Daly is due to speak later in the day.

In commodities, gold futures fell 0.24% to $1,198.40 a troy ounce while crude oil futures were down 2.10% to $58.67 a barrel. The U.S. dollar index which measures the greenback against a basket of six major currencies, was holding near 17-month highs at 97.30.

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Home Depot Shares Higher on Earnings Beat

- Home Depot, the world's largest home improvement retailer reported third quarter earnings that beat analysts' expectations on Tuesday and raised its sales outlook for the full year.

Shares of the company (NYSE:HD) were higher in premarket trade following the report.

The firm reported earnings per share of $2.51 on revenue of $26.3 billion compared with net earnings of $2.2 billion, or $1.84 per diluted share, in the same period a year earlier. Diluted earnings per share increased 36.4% from the same period in the prior year, the company said.

Analysts polled by forecast EPS of $2.27 on revenue of $26.25 billion.

Based on its year-to-date performance, Home Depot updated its fiscal 2018 guidance, saying it now expects sales growth of approximately 7.2%.

For the year, Home Depot shares are down 5.33%, under-performing the S&P 500 which is up 1.58% year to date.

Home Depot follows other major Services sector earnings this month

On October 25, Amazon.com reported third quarter EPS of $5.75 on revenue of $56.58B, compared to forecasts of EPS of $3.08 on revenue of $57.11B.

Alibaba earnings missed analyst's expectations on November 2, with second quarter EPS of $1.4 on revenue of $85.15B. analysts expected EPS of $6.85 on revenue of $52,109M

Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar

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Indonesia stocks higher at close of trade; IDX Composite Index up 1.01%

– Indonesia stocks were higher after the close on Tuesday, as gains in the Financials, Miscellaneous Industry and Trade sectors led shares higher.

At the close in Jakarta, the IDX Composite Index added 1.01%.

The best performers of the session on the IDX Composite Index were Shield On Service Tbk PT (JK:SOSS), which rose 25.00% or 250 points to trade at 1250 at the close. Meanwhile, Transcoal Pacific Tbk PT (JK:TCPI) added 18.21% or 1375 points to end at 8925 and Intan Baruprana Finance Tbk (JK:IBFN) was up 18.11% or 46 points to 300 in late trade.

The worst performers of the session were Buana Finance Tbk (JK:BBLD), which fell 19.60% or 98 points to trade at 402 at the close. Bayu Buana Tbk (JK:BAYU) declined 11.76% or 260 points to end at 1950 and Equity Development Investment (JK:GSMF) was down 10.62% or 12 points to 101.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 192 to 170 and 141 ended unchanged.

Shares in Shield On Service Tbk PT (JK:SOSS) rose to all time highs; rising 25.00% or 250 to 1250. Shares in Buana Finance Tbk (JK:BBLD) fell to 5-year lows; falling 19.60% or 98 to 402. Shares in Transcoal Pacific Tbk PT (JK:TCPI) rose to all time highs; rising 18.21% or 1375 to 8925.

Crude oil for December delivery was down 2.35% or 1.41 to $58.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 2.22% or 1.56 to hit $68.56 a barrel, while the December Gold Futures contract fell 0.24% or 2.90 to trade at $1198.40 a troy ounce.

USD/IDR was down 0.02% to 14846.0, while AUD/IDR rose 0.16% to 10685.90.

The US Dollar Index Futures was up 0.07% at 97.45.

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German ZEW Economic Sentiment Index Improves Slighly in November

- The mood among German investors improved slighly in November, a survey showed on Tuesday.

The Mannheim-based ZEW research institute said its monthly survey showed its economic sentiment index rose to negative 24.1 from negative 24.7 in November. That was compared to the consensus forecast for a reading of negative 24.2.

A separate gauge measuring investors’ assessment of the economy’s current conditions fell to 58.2 from 70.1 last month. That compared with the consensus forecast for a decrease to 65.0.

Meanwhile the ZEW economic sentiment for the euro zone slumped to negative 22.0 from negative 19.4 last month.

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Dollar Holding Near 2018 Highs, Pound Rebounds

- The dollar was trading near the highest levels of the year on Tuesday, amid expectations for higher U.S. interest rates, while the pound rebounded from one-and-a-half week lows despite ongoing Brexit uncertainty.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was at 97.41 by 04:05 AM ET (09:05 AM GMT), within striking distance of Monday’s 16-month highs of 97.53.

Demand for the dollar was underpinned after the Fed indicated last week that rates are likely to rise in December and again in early 2019, with the U.S. economy looking strong on almost every front.

The dollar was trading close to five-week highs against the yen, with USD/JPY up 0.23% to 114.10.

Market sentiment was boosted by hopes that trade tensions between the U.S. and China would ease following reports that China's top trade negotiator was preparing to visit the U.S. ahead of a meeting between the two countries' leaders later this month.

The pound regained ground, with GBP/USD rising 0.33% to 1.2891, but gains were held in check amid fears that Britain could crash out of the European Union without a Brexit deal.

The pound hit a low of 1.2826 against the dollar on Monday, the weakest level since Nov. 1.

The euro edged higher, with EUR/USD inching up 0.1% to 1.1230. The single currency struggled to make headway with investors focused on the ongoing row between Brussels and Rome over Italy’s budget.

The European Commission rejected Italy's 2019 budget last month, because it was in breach of European fiscal rules and Italy’s government has until later Tuesday to submit a revised budget plan.

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Japan stocks lower at close of trade; Nikkei 225 down 2.06%

– Japan stocks were lower after the close on Tuesday, as losses in the Shipbuilding, Construction and Mining sectors led shares lower.

At the close in Tokyo, the Nikkei 225 declined 2.06%.

The best performers of the session on the Nikkei 225 were Toshiba Corp. (T:6502), which rose 4.13% or 150.0 points to trade at 3785.0 at the close. Meanwhile, Softbank Corp. (T:9984) added 1.87% or 164.0 points to end at 8941.0 and Toyobo Co., Ltd. (T:3101) was up 1.24% or 20.0 points to 1631.0 in late trade.

The worst performers of the session were Taiyo Yuden Co., Ltd. (T:6976), which fell 7.27% or 169.0 points to trade at 2156.0 at the close. Mitsui Mining and Smelting Co. (T:5706) declined 6.61% or 171.0 points to end at 2416.0 and JGC Corp. (T:1963) was down 6.32% or 119.0 points to 1765.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2949 to 606 and 135 ended unchanged.

Shares in Toshiba Corp. (T:6502) rose to 52-week highs; gaining 4.13% or 150.0 to 3785.0. Shares in Mitsui Mining and Smelting Co. (T:5706) fell to 52-week lows; losing 6.61% or 171.0 to 2416.0. Shares in JGC Corp. (T:1963) fell to 52-week lows; losing 6.32% or 119.0 to 1765.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 5.22% to 19.60 a new 1-month low.

Crude oil for December delivery was down 1.22% or 0.73 to $59.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.93% or 0.65 to hit $69.47 a barrel, while the December Gold Futures contract fell 0.06% or 0.70 to trade at $1202.80 a troy ounce.

USD/JPY was up 0.22% to 114.09, while EUR/JPY rose 0.45% to 128.28.

The US Dollar Index Futures was down 0.03% at 97.35.

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China stocks higher at close of trade; Shanghai Composite up 0.93%

– China stocks were higher after the close on Tuesday, as gains in the Media, Gas, Water&Multiutilities and Travel&Leisure sectors led shares higher.

At the close in Shanghai, the Shanghai Composite rose 0.93%, while the SZSE Component index added 1.68%.

The best performers of the session on the Shanghai Composite were Zhongmin Energy Co Ltd (SS:600163), which rose 10.13% or 0.310 points to trade at 3.370 at the close. Meanwhile, Guangdong Meiyan Jixiang Hydropower Co Ltd (SS:600868) added 10.11% or 0.280 points to end at 3.050 and Yaxing Chem (SS:600319) was up 10.10% or 0.500 points to 5.450 in late trade.

The worst performers of the session were Qijing Machinery Co Ltd (SS:603677), which fell 3.29% or 0.53 points to trade at 15.58 at the close. Fujian Fynex Textile Science&Technology Co Ltd (SS:600493) declined 2.51% or 0.170 points to end at 6.610 and Zhonglu Co Ltd A (SS:600818) was down 2.44% or 0.270 points to 10.780.

The top performers on the SZSE Component were Nanjing Huadong Electronics Information&Technology Co Ltd (SZ:000727) which rose 10.32% to 1.71, Yotrio Group Co Ltd (SZ:002489) which was up 10.10% to settle at 3.27 and Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which gained 10.08% to close at 6.99.

The worst performers were Jingwei Textile Machinery Co Ltd (SZ:000666) which was down 10.02% to 14.64 in late trade, Shenzhen Shenxin Taifeng Group Co Ltd (SZ:000034) which lost 5.78% to settle at 15.32 and Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which was down 2.83% to 20.94 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1279 to 167 and 27 ended unchanged.

Shares in Jingwei Textile Machinery Co Ltd (SZ:000666) fell to 3-years lows; falling 10.02% or 1.63 to 14.64.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 30.52.

Gold Futures for December delivery was up 0.16% or 1.90 to $1203.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.23% or 0.74 to hit $59.19 a barrel, while the January Brent oil contract fell 0.88% or 0.62 to trade at $69.50 a barrel.

USD/CNY was down 0.13% to 6.9548, while EUR/CNY rose 0.07% to 7.8174.

The US Dollar Index Futures was up 0.03% at 97.41.

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Oil Prices Down More Than 1% as Trump Asks OPEC Not to Cut Supply

- Oil prices were down 1% on Tuesday on reports that U.S. President Donald Trump asked the Organization of the Petroleum Exporting Countries (OPEC) not to cut supply to drive up crude oil prices.

Crude Oil WTI Futures declined 1.5%, at $59.05 a barrel by 12:19 AM ET (05:19 GMT).

Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., was down 1.10%, to $69.37.

"Hopefully, Saudi Arabia and OPEC will not be cutting oil production. Oil prices should be much lower based on supply!" Trump said in a Twitter post on Monday.

His comments came after Saudi energy minister Khalid al-Falih announced plans on Sunday to cut oil output from December and suggested that other members of OPEC and their non-OPEC allies led by Russia could follow suit.

The kingdom would cut oil supply by 0.5 million barrels per day (bpd) in December due to lower seasonal demand. The cut represents a reduction in global oil supply of about 0.5%, according to reports.
Al-Falih also suggested that there might be a need for OPEC and non-OPEC members to trim supply back by 1 million bpd from October levels.

Oil prices hit nearly four-year highs in October as the market braced for potential shortages ahead of the restoration of sanctions against Iran, the third-largest producer OPEC on Nov. 4.

The sanctions, however, are unlikely to cut as much oil out of the market as initially expected as Washington has granted exemptions to Iran's biggest buyers, which will allow them to continue buying limited amounts of crude for at least another six months.

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Cryptocurrencies Drop Despite Swiss Digital Currency Certification in Middle East

- Cryptocurrencies fell on Tuesday morning in Asia despite new confidence in blockchain crypto currencies, including the cash and gold-backed digital currency X8, which received Sharia certification by the Shariyah Review Bureau for Islamic investors.

Bitcoin edged down 0.92% to $6405.7 at 11:16PM ET (03:16 GMT) on the Bitifinex exchange.

Ethereum also dived 1.3% to $211.08 on the Bitifinex exchange.

XRP was the only exception among major cryptocurrencies, seeing a rise of 1.57% to $0.51795 on the Poloniex exchange.

Litecoin lost 2.81% to $50.323 on the Bitifinex exchange.

Swiss firm X8 AG was granted certification from Islamic scholars for its cash and gold-backed digital currency, a step forward for its plan to expand its business in the Middle East, according to its statement on Monday.

X8 currency is Ethereum-based and backed by eight fiat currencies and gold, aiming to “counter the inflationary headwinds experienced across the global markets.”

“With the changing environment of banking and asset management primarily due to fintech-driven shifts, the market for wealth preservation in Islamic finance is poised to see disruption and it is for this reason that we are seeing an increasing demand for our product in the Islamic markets,” said Francesca Greco, X8’s director, in a statement.

Various reports showed that at least five other exchanges are involved with the Bahrain market, with the first central bank-backed crypto exchange to launch in the Middle East as early as next year.

Elsewhere, Singapore’s monetary authority and Singapore Exchange also developed a settlement system for tokenized assets that can function across different blockchain platforms. The system aims to simplify post-trade processes and shorten settlement cycles, the Ministry of Communications and Information announced on Sunday.

Sopnendu Mohanty, chief fintech officer of the Monetary Authority of Singapore, gave his vote of confidence in blockchain technology: “Blockchain technology and asset tokenization are fueling a new wave of innovation globally…the concept of asset tokenization, as well as other learnings gleaned from this project, can potentially be applied to a broad spectrum of the economy.”

Bitcoin exchange Binance’s Chief Executive Changpeng Zhao expects another “bull run” in bitcoin “sooner or later,” he told CNBC.

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Asian Stocks Slide Following Tech-led Slump on Wall Street

- Asian stocks slid in morning trade on Tuesday following a tech-led slump on Wall Street as Apple (NASDAQ:AAPL) tanked by 5%.

Lumentum Holdings Inc (NASDAQ:LITE), one of iPhone’s face-recognition suppliers, cut its outlook for fiscal second quarter 2019 as one of its largest customers asked the company to “materially reduce shipments” for its products.

“We recently received a request from one of our largest Industrial and Consumer customers for laser diodes for 3D sensing to materially reduce shipments to them during our fiscal second quarter for previously placed orders that were originally scheduled for delivery during the quarter,” said Lumentum President and CEO Alan Lowe in a statement.

The report built speculation around the success of Apple's latest iPhones as the holiday season approaches. Although Lumentum did not mention Apple by name in the statement, the company listed the technology giant as its largest customer in the annual filing for the fiscal year 2018.

Overnight, the Dow fell by more than 600 points, while the NASDAQ Composite slumped 2.8%.

In Asia, China’s Shanghai Composite inched up 0.1%, while the Shenzhen Component was down 0.7%.

Hong Kong’s Hang Seng Index was down 0.2%.

Citing sources, the Wall Street Journal reported on Monday that U.S. Treasury Secretary Steven Mnuchin had resumed talks with China Vice Premier Liu He.

He and Mnuchin spoke by telephone last week, the WSJ said, adding that the discussion did not lead to any breakthrough regarding trade dispute between the U.S. and China.

Japan’s Nikkei 225 declined 2.3%, while South Korea’s KOSPI traded 0.9% lower as index heavyweight Samsung Electronics (KS:005930) and SK Hynix Inc (KS:000660) dropped 2.9% and 5.5% respectively.

Down under, Australia’s ASX 200 fell 1.7%.

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Mexico stocks lower at close of trade; S&P/BMV IPC down 2.18%

– Mexico stocks were lower after the close on Monday, as losses in the Financial Services, Telecoms Services and Consumer Goods&Services sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC lost 2.18% to hit a new 52-week low.

The best performers of the session on the S&P/BMV IPC were Grupo Aeroportuario Del CentroNorte (MX:OMAB), which rose 2.50% or 2.490 points to trade at 102.090 at the close. Meanwhile, Gentera SAB de CV (MX:GENTERA) added 1.96% or 0.330 points to end at 17.180 and Arca Continental , S.A.B. De C.V. (MX:AC) was up 1.36% or 1.44 points to 107.51 in late trade.

The worst performers of the session were Grupo Financiero Banorte (MX:GFNORTEO), which fell 6.05% or 6.350 points to trade at 98.650 at the close. Industrias Penoles Sab De CV (MX:PENOLES) declined 5.35% or 14.56 points to end at 257.46 and Genomma Lab Internacional SAB De CV (MX:LABB) was down 4.55% or 0.630 points to 13.230.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 175 to 102 and 8 ended unchanged.

Shares in Grupo Financiero Banorte (MX:GFNORTEO) fell to 52-week lows; falling 6.05% or 6.350 to 98.650. Shares in Industrias Penoles Sab De CV (MX:PENOLES) fell to 52-week lows; falling 5.35% or 14.56 to 257.46.

Gold Futures for December delivery was down 0.46% or 5.50 to $1200.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.06% or 1.24 to hit $58.95 a barrel, while the January Brent oil contract fell 1.37% or 0.96 to trade at $69.22 a barrel.

USD/MXN was up 1.07% to 20.3710, while EUR/MXN rose 0.13% to 22.8559.

The US Dollar Index Futures was up 0.78% at 97.49.

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Canada stocks lower at close of trade; S&P/TSX Composite down 0.85%

– Canada stocks were lower after the close on Monday, as losses in the Healthcare, IT and Materials sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.85%.

The best performers of the session on the S&P/TSX Composite were Boralex Inc (TO:BLX), which rose 6.31% or 1.05 points to trade at 17.70 at the close. Meanwhile, SSR Mining Inc (TO:SSRM) added 3.48% or 0.48 points to end at 14.27 and Quebecor Inc Class B (TO:QBRb) was up 3.11% or 0.86 points to 28.48 in late trade.

The worst performers of the session were Aphria Inc (TO:APHA), which fell 13.63% or 2.360 points to trade at 14.960 at the close. Kinaxis Inc (TO:KXS) declined 7.69% or 5.69 points to end at 68.34 and Guyana Goldfields Inc . (TO:GUY) was down 7.50% or 0.120 points to 1.480.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 734 to 355 and 95 ended unchanged.

Shares in Kinaxis Inc (TO:KXS) fell to 52-week lows; falling 7.69% or 5.69 to 68.34. Shares in Quebecor Inc Class B (TO:QBRb) rose to 52-week highs; rising 3.11% or 0.86 to 28.48. Shares in Guyana Goldfields Inc. (TO:GUY) fell to 5-year lows; losing 7.50% or 0.120 to 1.480.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 17.56% to 19.75.

Gold Futures for December delivery was down 0.41% or 5.00 to $1201.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.89% or 1.14 to hit $59.05 a barrel, while the January Brent oil contract fell 1.24% or 0.87 to trade at $69.31 a barrel.

CAD/USD was down 0.17% to 0.7557, while CAD/EUR rose 0.75% to 0.6730.

The US Dollar Index Futures was up 0.76% at 97.47.

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Day Ahead: Top 3 Things to Watch

- Here’s a preview of the top 3 things that could rock markets tomorrow.

1. Home Depot Leads Earnings

The early-morning action will be dominated by Dow component Home Depot (NYSE:HD).

On average, analysts expect that the home improvement company earned $2.27 per share, on revenue of $26.25 billion.

Home Depot will be yet another data point for how the housing market is performing.

Last week, DR Horton (NYSE:DHI) tumbled 9% after posting fiscal-fourth revenue that fell short of estimates and issued a warning of slowing orders growth.

Shares of Home Depot fell 3.5% today.

2. Fed Heads on Display

There are no major data releases on the economic calendar, but for those still a concerned about interest rate moves, there’s a bevy of Fed speakers.

At 10 AM ET (15:00 GMT), Federal Reserve board member Lael Brainard will be speaking. At the same time, Minnesota Fed President Neel Kashkari will also be talking.

At 5:00 PM ET, Fed governor Mary Daly will speak.

And at 2:20 PM ET, Philadelphia Federal Reserve President Patrick Harker will speak at the Fintech and the New Financial Landscape conference.

3. Oil Downtrend Continuing?

Oil prices will be in focus as they continue to decline.

Crude had all the right reasons to rise today, but still ended down for the 11th day in a row.

Prices of WTI and Brent crude both jumped as much as 2% at the start of Monday's trade in Asia after Saudi Energy Minister Khalid al-Falih said at the weekend that the kingdom planned to reduce by half-million barrels its daily supply to world markets.

But as trading progressed to the European and New York sessions, the gains began fizzling on the notion that the cuts were inadequate to compensate for ramping oil production, standing at a weekly record of 11.6 million barrels per day.

Energy investors will be looking to see if the bearish move continues.

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Cisco Falls 3%

- Cisco (NASDAQ:CSCO) fell by 3.09% to trade at $45.66 by 15:51 (20:51 GMT) on Monday on the NASDAQ exchange.

The volume of Cisco shares traded since the start of the session was 19.56M. Cisco has traded in a range of $45.63 to $47.25 on the day.

The stock has traded at $48.4400 at its highest and $44.9800 at its lowest during the past seven days.

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Brazil stocks lower at close of trade; Bovespa down 0.07%

– Brazil stocks were lower after the close on Monday, as losses in the Basic Materials, Industrials and Real Estate sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 0.07%.

The best performers of the session on the Bovespa were B2W Cia Digital (SA:BTOW3), which rose 5.78% or 1.81 points to trade at 33.13 at the close. Meanwhile, Magazine Luiza SA (SA:MGLU3) added 4.88% or 7.14 points to end at 153.54 and Qualicorp SA (SA:QUAL3) was up 2.83% or 0.39 points to 14.18 in late trade.

The worst performers of the session were Gerdau SA Pref (SA:GGBR4), which fell 4.03% or 0.65 points to trade at 15.47 at the close. Metalurgica Gerdau SA (SA:GOAU4) declined 3.27% or 0.26 points to end at 7.70 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was down 3.19% or 0.32 points to 9.70.

Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 238 to 206 and 46 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 4.95% to 41.10.

Gold Futures for December delivery was down 0.36% or 4.30 to $1202.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.83% or 1.10 to hit $59.09 a barrel, while the December US coffee C contract fell 3.43% or 3.90 to trade at $109.95 .

USD/BRL was up 0.93% to 3.7683, while EUR/BRL rose 0.09% to 4.2359.

The US Dollar Index Futures was up 0.67% at 97.38.

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Gold Down for Third-Straight Day as $1,200 Tested

- The dollar's strength is slowly and surely constricting gold, and it may just be days before bullion's $1,200 support is broken.

In Monday's session, worries over Brexit negotiations dealt a fresh blow to the sterling, pushing up the greenback, which is a contrarian bet to the dollar. The dollar index, which measures the greenback against a basket of six currencies, rose 0.7%.

U.S. gold futures for December delivery fell to an October bottom of $1,201.40 per troy ounce before settling at $1,203.50, down $5.10, or 0.4% on the day. It was a third straight day of losses for the yellow metal, which has lost about $20, or 1.5% since its last positive settlement on Nov 7.

Monday's bottom and settlement also left the December with a precariously small buffer to protect the $1,200 support, which had been the market's bedrock since September.

"There seems to be no stopping the dollar from increasing. It all has to do with the weakness in other world currencies boosting the dollar which, in turn, continues to pressure the price of gold," said Walter Pehowich, executive vice-president at Dillon Gage Metals in Addison, Texas.

"The holders of long positions strongly believe that the dollar’s recent climb to last week’s 16-month high is extremely overextended, and expect a correction to drive a significant short covering rally in hold," Pehowich added.

The dollar rallied last week after strong U.S. producer price index data on Friday became an endorsement for the Federal Reserve to raise interest rates again in December.

The Fed has already hiked rates three times this year and is determined to stay ahead of the inflationary curve with more increases in 2019 after the robust growth seen lately in the US economy.

Dealers are looking out for this week's consumer price index (CPI ) and retail sales data to see if they beat expectations and further inflate the dollar.

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Oil Rebounds on Saudi Cut Pledge, but Pessimism Remains

- Oil prices are up after 10 days of losses, supported by Saudi production cuts. Is that enough to stop the bleeding of the market?

After losing more than 20% over five weeks, U.S. West Texas Intermediate and global oil benchmark Brent jumped about 2% from the start of Monday's trade in Asia, retaining a portion of those gains by midday trade in New York.

Yet, some analysts remained skeptical whether the half-million-barrels per day reduction from December announced by Saudi Energy Minister Khalid al-Falih was adequate to counter U.S. production, already at weekly record of 11.6 million bpd.

"The reaction by the Saudis has taken the extreme downside out of the market and there could be shorts looking to cover as the tail risk to the downside has ended at least until Dec 6," said Scott Shelton, energy broker at ICAP (LON:NXGN) in Durham, N.C.

Dec. 6 is when OPEC holds its all-important policy-setting meeting in Vienna, where production cuts will most likely top the agenda.

Despite Monday's rebound, Shelton said overall long positioning remained at two-year lows and shorts sellers could reappear without sufficient rebalancing.

"I feel like the market has lost its bullish mojo, and will need U.S. draws to get excited again and perhaps get these shorts out of the market."

By 1:05 PM ET (1740 GMT),WTI was up 40 cents, or 0.7%, at $60. per barrel, after rallying more than $1 earlier. On Friday, it hit a 9-month low of $59.27, a dramatic flip from four-year highs of nearly $77 hit in early October.

Brent was up 74 cents, or 1.1%, at $70.92 per barrel, after rising as much $1.69 earlier. On Friday, it sunk to a 7-month low of $69.15 after an October peak of nearly $87.

For Monday's rally to have legs, oil traders are believed to be looking for cuts of at least 1 million bpd from OPEC to offset higher supplies resulting from generous US waivers on Iranian oil sanctions.

Falih, the Saudi Energy Minister, did say on Monday that technical analysis by OPEC and its allies showed the need for a million barrels to be taken off the market.

Yet, the Joint OPEC and Non-OPEC Market Monitoring Committee meeting the Saudi minister chaired in Abu Dhabi at the weekend did not issue such a resolution. This raises doubts on whether others at the meeting, including non-OPEC member Russia, were keen to cut. The Saudi reductions might also be more seasonal than anything, with Falih acknowledging December to be a slow period for demand.

The market's underlying concern was voiced by Bank of America Merrill Lynch (NYSE:BAC) in its latest oil note entitled "U.S. Energy Independence".

"The bigger question is how OPEC+ will factor in the US shale phenomenon this time around," the Wall Street bank said.

"With oil prices falling by 20% from the highs in recent weeks, the next OPEC+ decision will have to factor in: (1) the massive 2+ million bpd year-on-year surge in U.S. output and (2) the negative demand impact of the ongoing trade tensions."

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Italy stocks lower at close of trade; Investing.com Italy 40 down 1.11%

– Italy stocks were lower after the close on Monday, as losses in the Technology, Healthcare and Industrials sectors led shares lower.

At the close in Milan, the Italy 40 lost 1.11%.

The best performers of the session on the Italy 40 were Unipol Gruppo Finanziario Spa (MI:UNPI), which rose 3.20% or 0.117 points to trade at 3.770 at the close. Meanwhile, Telecom Italia (MI:TLIT) added 2.79% or 0.0144 points to end at 0.5304 and UnipolSai Assicurazioni SpA (MI:US) was up 1.82% or 0.037 points to 2.065 in late trade.

The worst performers of the session were STMicroelectronics (MI:STM), which fell 6.43% or 0.835 points to trade at 12.155 at the close. Pirelli&C SPA (MI:PIRC) declined 4.81% or 0.30 points to end at 5.89 and Buzzi Unicem (MI:BZU) was down 3.38% or 0.57 points to 16.46.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 261 to 89 and 24 ended unchanged.

Crude oil for December delivery was up 1.15% or 0.69 to $60.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.28% or 0.90 to hit $71.08 a barrel, while the December Gold Futures contract fell 0.25% or 3.00 to trade at $1203.40 a troy ounce.

EUR/USD was down 0.79% to 1.1246, while EUR/GBP rose 0.17% to 0.8750.

The US Dollar Index Futures was up 0.63% at 97.34.

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France stocks lower at close of trade; CAC 40 down 0.93%

– France stocks were lower after the close on Monday, as losses in the Oil&Gas, Consumer Services and Basic Materials sectors led shares lower.

At the close in Paris, the CAC 40 lost 0.93%, while the SBF 120 index lost 0.98%.

The best performers of the session on the CAC 40 were Sodexo (PA:EXHO), which rose 1.30% or 1.22 points to trade at 94.92 at the close. Meanwhile, Danone SA (PA:DANO) added 0.56% or 0.37 points to end at 65.98 and Publicis Groupe SA (PA:PUBP) was up 0.53% or 0.28 points to 52.62 in late trade.

The worst performers of the session were STMicroelectronics NV (PA:STM), which fell 6.69% or 0.870 points to trade at 12.125 at the close. Atos SE (PA:ATOS) declined 4.65% or 3.60 points to end at 73.76 and Bouygues SA (PA:BOUY) was down 3.21% or 1.06 points to 32.00.

The top performers on the SBF 120 were Casino Guichard (PA:CASP) which rose 1.39% to 38.57, Sodexo (PA:EXHO) which was up 1.30% to settle at 94.92 and BIC (PA:BICP) which gained 1.07% to close at 90.00.

The worst performers were DBV Technologies (PA:DBV) which was down 8.74% to 31.100 in late trade, STMicroelectronics NV (PA:STM) which lost 6.69% to settle at 12.125 and Eramet (PA:ERMT) which was down 5.79% to 74.05 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 458 to 139 and 85 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 11.43% to 18.00.

Gold Futures for December delivery was down 0.26% or 3.10 to $1203.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.13% or 0.68 to hit $60.87 a barrel, while the January Brent oil contract rose 1.28% or 0.90 to trade at $71.08 a barrel.

EUR/USD was down 0.79% to 1.1246, while EUR/GBP rose 0.18% to 0.8751.

The US Dollar Index Futures was up 0.63% at 97.34.

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U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.68%

– U.K. stocks were lower after the close on Monday, as losses in the Tobacco, General Retailers and Automobiles&Parts sectors led shares lower.

At the close in London, the United Kingdom 100 declined 0.68%.

The best performers of the session on the United Kingdom 100 were Informa Plc (LON:INF), which rose 3.12% or 22.20 points to trade at 732.80 at the close. Meanwhile, Babcock International Group PLC (LON:BAB) added 2.63% or 15.80 points to end at 616.20 and Shire PLC (LON:SHP) was up 1.95% or 90.00 points to 4702.50 in late trade.

The worst performers of the session were British American Tobacco PLC (LON:BATS), which fell 10.62% or 352.00 points to trade at 2962.50 at the close. Kingfisher PLC (LON:KGF) declined 5.41% or 13.80 points to end at 241.30 and Fresnillo PLC (LON:FRES) was down 4.32% or 37.20 points to 823.80.

Falling stocks outnumbered advancing ones on the London Stock Exchange by 1418 to 662 and 289 ended unchanged.

Shares in British American Tobacco PLC (LON:BATS) fell to 3-years lows; losing 10.62% or 352.00 to 2962.50. Shares in Kingfisher PLC (LON:KGF) fell to 5-year lows; down 5.41% or 13.80 to 241.30. Shares in Shire PLC (LON:SHP) rose to 52-week highs; rising 1.95% or 90.00 to 4702.50.

Gold Futures for December delivery was down 0.20% or 2.40 to $1204.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.20% or 0.72 to hit $60.91 a barrel, while the January Brent oil contract rose 1.31% or 0.92 to trade at $71.10 a barrel.

GBP/USD was down 0.88% to 1.2857, while EUR/GBP rose 0.19% to 0.8752.

The US Dollar Index Futures was up 0.56% at 97.28.

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Morocco stocks lower at close of trade; Moroccan All Shares down 0.78%

– Morocco stocks were lower after the close on Monday, as losses in the Construction&Building Materials, Banking and Telecoms sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.78%.

The best performers of the session on the Moroccan All Shares were Stroc Industrie (CS:STR), which rose 9.96% or 2.44 points to trade at 26.95 at the close. Meanwhile, CTM (CS:CTM) added 9.87% or 83.90 points to end at 933.90 and Miniere Touissit (CS:CMT) was up 7.47% or 107 points to 1540 in late trade.

The worst performers of the session were LafargeHolcim Maroc (CS:LHM), which fell 4.32% or 70 points to trade at 1550 at the close. AFMA SA (CS:AFM) declined 4.25% or 46 points to end at 1037 and Taqa Morocco SA (CS:TQM) was down 3.84% or 34.00 points to 851.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 13 to 11 and 9 ended unchanged.

Crude oil for December delivery was up 1.08% or 0.65 to $60.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.20% or 0.84 to hit $71.02 a barrel, while the December Gold Futures contract fell 0.20% or 2.40 to trade at $1204.00 a troy ounce.

EUR/MAD was down 0.31% to 10.7730, while USD/MAD rose 0.42% to 9.5742.

The US Dollar Index Futures was up 0.55% at 97.27.

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Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.04%

– Sweden stocks were lower after the close on Monday, as losses in the Consumer Services, Basic Materials and Technology sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 1.04%.

The best performers of the session on the OMX Stockholm 30 were Essity AB B (ST:ESSITYb), which rose 1.98% or 4.20 points to trade at 216.80 at the close. Meanwhile, AstraZeneca PLC (ST:AZN) added 0.94% or 6.9 points to end at 744.7 and Kinnevik, Investment AB ser. B (ST:KINVb) was up 0.50% or 1.2 points to 241.6 in late trade.

The worst performers of the session were Svenska Cellulosa SCA AB B (ST:SCAb), which fell 4.48% or 3.7 points to trade at 78.8 at the close. H&M Hennes&Mauritz AB B (ST:HMb) declined 4.06% or 6.5 points to end at 152.6 and Getinge AB ser. B (ST:GETIb) was down 3.08% or 2.7 points to 83.7.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 462 to 169 and 46 ended unchanged.

Shares in AstraZeneca PLC (ST:AZN) rose to all time highs; up 0.94% or 6.9 to 744.7.

Crude oil for December delivery was up 1.06% or 0.64 to $60.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.15% or 0.81 to hit $70.99 a barrel, while the December Gold Futures contract fell 0.21% or 2.50 to trade at $1203.90 a troy ounce.

EUR/SEK was down 0.28% to 10.2647, while USD/SEK rose 0.46% to 9.1206.

The US Dollar Index Futures was up 0.55% at 97.27.

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Facebook Falls 3%

- Facebook (NASDAQ:FB) fell by 3.04% to trade at $140.55 by 11:51 (16:51 GMT) on Monday on the NASDAQ exchange.

The volume of Facebook shares traded since the start of the session was 7.35M. Facebook has traded in a range of $140.49 to $145.04 on the day.

The stock has traded at $154.1300 at its highest and $140.5000 at its lowest during the past seven days.

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Russia stocks lower at close of trade; MOEX Russia down 0.40%

– Russia stocks were lower after the close on Monday, as losses in the Telecoms, Oil&Gas and Mining sectors led shares lower.

At the close in Moscow, the MOEX Russia fell 0.40%.

The best performers of the session on the MOEX Russia were SG mechel (MCX:MTLR), which rose 2.43% or 2.18 points to trade at 91.90 at the close. Meanwhile, Aeroflot (MCX:AFLT) added 1.85% or 1.76 points to end at 96.90 and Tatneft OAO Pref (MCX:TATN_p) was up 1.74% or 9.60 points to 562.80 in late trade.

The worst performers of the session were X5 Retail Group NV (MCX:FIVEDR), which fell 2.05% or 33.0 points to trade at 1577.5 at the close. Inter rao ees (MCX:IRAO) declined 1.97% or 0.0795 points to end at 3.9500 and Yandex NV (MCX:YNDX) was down 1.85% or 35.50 points to 1886.00.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 109 to 97 and 19 ended unchanged.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 7.57% to 29.130.

Gold Futures for December delivery was down 0.15% or 1.80 to $1204.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.15% or 0.69 to hit $60.88 a barrel, while the January Brent oil contract rose 1.30% or 0.91 to trade at $71.09 a barrel.

USD/RUB was down 0.49% to 67.7718, while EUR/RUB fell 1.20% to 76.2417.

The US Dollar Index Futures was up 0.61% at 97.32.

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Alphabet A Falls 3%

- Alphabet A (NASDAQ:GOOGL) fell by 3.28% to trade at $1,041.66 by 11:29 (16:29 GMT) on Monday on the NASDAQ exchange.

The volume of Alphabet A shares traded since the start of the session was 656.91K. Alphabet A has traded in a range of $1,041.63 to $1,074.10 on the day.

The stock has traded at $1,109.9301 at its highest and $1,034.0000 at its lowest during the past seven days.

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Texas Instruments Falls 3%

- Texas Instruments (NASDAQ:TXN) fell by 3.04% to trade at $93.18 by 11:19 (16:19 GMT) on Monday on the NASDAQ exchange.

The volume of Texas Instruments shares traded since the start of the session was 2.73M. Texas Instruments has traded in a range of $93.14 to $95.14 on the day.

The stock has traded at $98.7900 at its highest and $93.0800 at its lowest during the past seven days.

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Visa Falls 3%

- Visa (NYSE:V) fell by 3.03% to trade at $139.57 by 11:05 (16:05 GMT) on Monday on the NYSE exchange.

The volume of Visa shares traded since the start of the session was 2.24M. Visa has traded in a range of $139.57 to $143.64 on the day.

The stock has traded at $145.4600 at its highest and $137.8500 at its lowest during the past seven days.

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Turkey stocks lower at close of trade; BIST 100 down 1.50%

– Turkey stocks were lower after the close on Monday, as losses in the Basic Metals, Sports and Metal Products&Machinery sectors led shares lower.

At the close in Istanbul, the BIST 100 lost 1.50%.

The best performers of the session on the BIST 100 were Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS (IS:GOLTS), which rose 20.00% or 6.08 points to trade at 36.48 at the close. Meanwhile, CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (IS:CRFSA) added 19.74% or 0.60 points to end at 3.64 and Kiler Gayrimenkul Yatirim Ortakligi AS (IS:KLGYO) was up 16.76% or 0.300 points to 2.090 in late trade.

The worst performers of the session were Ulker Biskuvi Sanayi AS (IS:ULKER), which fell 6.17% or 1.01 points to trade at 15.37 at the close. Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS (IS:BJKAS) declined 5.33% or 0.090 points to end at 1.600 and Anel Elektrik Proje Taahhut ve Ticaret AS (IS:ANELE) was down 5.29% or 0.100 points to 1.790.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 251 to 115 and 41 ended unchanged.

Shares in Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS (IS:BJKAS) fell to 5-year lows; losing 5.33% or 0.090 to 1.600.

Gold Futures for December delivery was down 0.12% or 1.50 to $1204.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.96% or 0.58 to hit $60.77 a barrel, while the January Brent oil contract rose 1.04% or 0.73 to trade at $70.91 a barrel.

USD/TRY was up 0.16% to 5.4666, while EUR/TRY fell 0.53% to 6.1554.

The US Dollar Index Futures was up 0.54% at 97.26.

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Mastercard Falls 3%

- Mastercard (NYSE:MA) fell by 3.20% to trade at $199.04 by 11:01 (16:01 GMT) on Monday on the NYSE exchange.

The volume of Mastercard shares traded since the start of the session was 1.03M. Mastercard has traded in a range of $198.96 to $205.20 on the day.

The stock has traded at $208.8600 at its highest and $194.2900 at its lowest during the past seven days.

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U.S. Dollar Surges as Euro, Sterling Face Political Pressure

- The dollar remained near a 16-month high on Monday, as concerns over Brexit and political issues in Italy weighed on the pound and euro.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, surged 0.47% to 97.19 as of 10:36 AM ET (15:36 GMT), not far from a session high of 97.36, the most since June 2017.

The greenback surged amid expectations that the Federal Reserve will raise rates in December and beyond. An equity selloff also helped boost demand for the dollar, as Wall Street opened lower.

Still, trading is expected to be slower, with the U.S. bond market closed because of the Veterans Day holiday.

The dollar rose slightly against the Japanese yen, with USD/JPY inching up 0.02% 113.83. The Canadian dollar was higher, with USD/CAD falling 0.10% to 1.3199.

Sterling was pushed lower after reports that Prime Minister Theresa May had cancelled a cabinet meeting to approve a Brexit deal. The move makes it unlikely that a meeting with the European Union will happen by the end of the month to discuss the UK leaving in March. GBP/USD fell 0.59% to 1.2894 as traders fear a no-deal Brexit is immediat.

Meanwhile the euro was under pressure amid an ongoing row between Brussels and Rome. The European Commision reject Italy’s 2019 budget, citing it was in breach of European fiscal rules. Italy’s government has until Tuesday to submit a revised fiscal rule.EUR/USD fell 0.63% to 1.1265.

Elsewhere, the NZD/USD was flat at 0.6742, while AUD/USD lost 0.25% to 0.7206.

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Amazon.com Falls 3%

- Amazon.com (NASDAQ:AMZN) fell by 3.10% to trade at $1,659.30 by 10:03 (15:03 GMT) on Monday on the NASDAQ exchange.

The volume of Amazon.com shares traded since the start of the session was 1.31M. Amazon.com has traded in a range of $1,658.00 to $1,708.55 on the day.

The stock has traded at $1,784.0000 at its highest and $1,596.3600 at its lowest during the past seven days.

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Stocks - Wall Street Falls as Investors Pause and Oil Rebounds

– Wall Street opened lower on Monday, as investors paused on the Veterans Day holiday and a rebound in oil provided some relief for energy companies.

The S&P 500 fell 18 points, or 0.65%, to 2,762.82 as of 9:42 AM ET (14:42 GMT), while the Dow decreased 139 points, or 0.53%, to 25,850.26 and the tech-heavy Nasdaq Composite was down 100 points, or 1.35%, to 7,306.71.

Trading is expected to be slower on Monday, with the U.S. bond market closed for Veterans Day.

Brent crude futures surged 0.85% after Saudi Arabia said it would cut oil shipments in December. The news helped lift energy stocks, with Exxon (NYSE:XOM) rising 0.53%. Chevron (NYSE:CVX) increased 0.89% and ConocoPhillips (NYSE:COP) rose 1.23%.

Medical marijuana companies were higher. Tilray (NASDAQ:TLRY) rose 2.60%, while Aurora Cannabis (NYSE:ACB) was up 0.82% and Cronos (NASDAQ:CRON) gained 1.19%.

Meanwhile, technology stocks were hit, with Amazon.com (NASDAQ:AMZN) down 2.36%, while Facebook (NASDAQ:FB) fell 0.91%. Apple (NASDAQ:AAPL) lost 3.58% after the company warned its iPhone X models have touch issue on the display screen.

Alibaba (NYSE:BABA) inched down 0.26% despite its Singles' Day event taking in a record $30.7 billion in sales, as it posted the slowest growth in the event's 10-year history.

In commodities, gold futures fell 0.05% to $1,205.80 a troy ounce, while the U.S. dollar index, which measures the greenback against a basket of six major currencies, rose 0.44% to 97.16.

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NVIDIA Falls 4%

- NVIDIA (NASDAQ:NVDA) fell by 3.57% to trade at $198.33 by 09:33 (14:33 GMT) on Monday on the NASDAQ exchange.

The volume of NVIDIA shares traded since the start of the session was 645.37K. NVIDIA has traded in a range of $197.50 to $202.87 on the day.

The stock has traded at $222.0000 at its highest and $197.9300 at its lowest during the past seven days.

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Natural Gas Futures Rally to 4-Year High on Cold Weather Forecasts

- Natural gas futures surged to their highest level in roughly four years on Monday, as cold weather forecasts for most parts of the United States over the next two weeks boosted expectations for heating demand.

U.S. natural gas futures jumped 8.5 cents, or around 2.3%, to $3.804 per million British thermal units by 9:05AM ET (1405GMT), having earlier reached its best level since December 2014 at $3.906.

Futures surged 13.2% last week, marking the largest weekly percentage climb since the week ended Jan. 12 of this year

Forecasts are now pointing to temperatures in mid-November that are more typical of the middle of December, with cold bursts expected in the Midwest, across Texas and the South and throughout New England.

Natural gas prices typically rise ahead of the winter as colder weather sparks indoor-heating demand.

The heating season from November through March is the peak demand period for U.S. gas consumption.

Meanwhile, market participants looked ahead to storage data for the week ending November 9, due out on Thursday.

Total natural gas in storage currently stands at 3.208 trillion cubic feet (tcf), according to the U.S. Energy Information Administration, the lowest level for this time of year in around 15 years.

The last time supplies were this low in the first week of November was in 2003.

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Stocks - Alibaba, Ford Fall in Pre-market; Apptio Skyrockets; UPS Gains

- Stocks in focus in pre-market trade Monday:

Alibaba (NYSE:BABA) stock fell 1.06% by 8:14 AM ET (13:14 GMT) as the company saw its slowest rate ever of year-on-year growth in sales for its annual Singles’ Day shopping event, despite logging a record $31 billion.

• Apptio (NASDAQ:APTI) skyrocketed 51.71% after it reached a deal to be taken private by Vista Equity Partners for $38 per share, or approximately $1.94 billion.

• UPS (NYSE:UPS) stock rose 0.27% after the company reached a deal over a new labor contract with its freight workers, avoiding the possibility of a strike.

• Ford Motor (NYSE:F) stock dropped 0.21% after The Financial Times reported that the company was open to working with foreign rivals in order to expand self-driving services internationally, although chief executive officer of Ford Autonomous Vehicles declined to comment on rumors of talks with Volkswagen (DE:VOWG_p).

• Athenahealth (NASDAQ:ATHN) stock surged 8.41% as CNBC reported that Veritas Capital and Elliott Management agreed to acquire the company for $5.5 billion.

Toll Brothers (NYSE:TOL) stock gained 2.66% amid news that Pendal Group increased its holding in the company by 41.7% in the third quarter

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MarketPulse Europe: Infineon, SAP Drag Tech Sector Lower

- The European technology sector was among the worst performers in midday trade on Monday, as investors were disappointed by earnings and M&A news from German heavyweights Infineon and SAP.

The STOXX Europe 600 Technology sector was down 1.8% by 6:57AM ET (1157GMT), on track for the biggest one day drop since October 24.

Shares of Infineon Technologies AG (DE:IFXGn) lost more than 5% in Frankfurt after the German chipmaker said fourth-quarter net income declined 20% to 141 million euros from 176 million euros in the same period a year earlier.

Meanwhile, SAP SE (DE:SAPG) dropped around 3% after the German software company announced its acquisition of survey software firm Qualtrics International for $8 billion, a price considered expensive by traders and analysts.

The deal is SAP's second-biggest acquisition ever, following the $8.3 billion purchase of travel and expense software company Concur in 2014.

Elsewhere, Denmark-based financial software provider Simcorp A/S (CO:SIM) was one of the top STOXX fallers, down 9% after its results after the close on Friday showed a decline in profits.

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India stocks lower at close of trade; Nifty 50 down 0.97%

– India stocks were lower after the close on Monday, as losses in the Auto, Oil&Gas and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.97%, while the BSE Sensex 30 index lost 0.98%.

The best performers of the session on the Nifty 50 were Titan Company Ltd (NS:TITN), which rose 5.99% or 50.75 points to trade at 894.75 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 2.37% or 16.75 points to end at 724.55 and Tata Steel Ltd (NS:TISC) was up 1.93% or 11.05 points to 582.85 in late trade.

The worst performers of the session were Hindustan Petroleum Corporation Ltd (NS:HPCL), which fell 7.17% or 17.30 points to trade at 225.05 at the close. Tata Motors Ltd (NS:TAMO) declined 4.58% or 8.95 points to end at 186.05 and Indian Oil Corporation Ltd (NS:IOC) was down 4.55% or 6.45 points to 135.05.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 1.67% to 582.90, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 1.59% to settle at 1155.90 and Infosys Ltd (BO:INFY) which gained 0.45% to close at 664.45.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 4.84% to 185.95 in late trade, Hero MotoCorp Ltd (BO:HROM) which lost 3.82% to settle at 2837.50 and Tata Motors Ltd DVR (BO:TAMdv) which was down 3.10% to 101.75 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1013 to 585 and 53 ended unchanged; on the Bombay Stock Exchange, 1498 fell and 1010 advanced, while 151 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 9.02% to 19.3675.

Gold Futures for December delivery was up 0.07% or 0.90 to $1207.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.75% or 0.45 to hit $60.64 a barrel, while the January Brent oil contract rose 1.35% or 0.95 to trade at $71.13 a barrel.

USD/INR was up 0.34% to 72.915, while EUR/INR fell 0.03% to 82.1320.

The US Dollar Index Futures was up 0.56% at 97.28.

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Indonesia stocks lower at close of trade; IDX Composite Index down 1.65%

– Indonesia stocks were lower after the close on Monday, as losses in the Miscellaneous Industry, Consumer Industry and Manufacturing sectors led shares lower.

At the close in Jakarta, the IDX Composite Index declined 1.65%.

The best performers of the session on the IDX Composite Index were Arkadia Digital Media Tbk PT (JK:DIGI), which rose 25.00% or 350 points to trade at 1750 at the close. Meanwhile, Shield On Service Tbk PT (JK:SOSS) unchanged 0.00% or 0 points to end at 1000 and Transcoal Pacific Tbk PT (JK:TCPI) was up 19.84% or 1250 points to 7550 in late trade.

The worst performers of the session were Prasidha Aneka Niaga Tbk (JK:PSDN), which fell 15.24% or 32 points to trade at 178 at the close. First Media Tbk (JK:KBLV) declined 11.06% or 50 points to end at 402 and Matahari Department Store Tbk (JK:LPPF) was down 9.76% or 515 points to 4760.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 267 to 123 and 118 ended unchanged.

Shares in Arkadia Digital Media Tbk PT (JK:DIGI) rose to all time highs; rising 25.00% or 350 to 1750. Shares in Shield On Service Tbk PT (JK:SOSS) unchanged to all time highs; unchanged 0.00% or 0 to 1000. Shares in Transcoal Pacific Tbk PT (JK:TCPI) rose to all time highs; gaining 19.84% or 1250 to 7550.

Crude oil for December delivery was up 0.66% or 0.40 to $60.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.27% or 0.89 to hit $71.07 a barrel, while the December Gold Futures contract rose 0.08% or 1.00 to trade at $1207.40 a troy ounce.

USD/IDR was up 0.41% to 14803.8, while AUD/IDR rose 0.44% to 10660.95.

The US Dollar Index Futures was up 0.60% at 97.31.

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Japan stocks higher at close of trade; Nikkei 225 up 0.09%

– Japan stocks were higher after the close on Monday, as gains in the Machinery, Warehousing and Gas&Water sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 0.09%.

The best performers of the session on the Nikkei 225 were Toppan Printing Co., Ltd. (T:7911), which rose 4.68% or 77.0 points to trade at 1723.0 at the close. Meanwhile, Toray Industries, Inc. (T:3402) added 4.33% or 37.4 points to end at 901.0 and Yaskawa Electric Corp. (T:6506) was up 3.56% or 115.0 points to 3345.0 in late trade.

The worst performers of the session were Mitsui Mining and Smelting Co. (T:5706), which fell 18.00% or 568.0 points to trade at 2587.0 at the close. Taiyo Yuden Co., Ltd. (T:6976) declined 11.12% or 291.0 points to end at 2325.0 and Citizen Holdings Co., Ltd. (T:7762) was down 7.07% or 48.0 points to 631.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2024 to 1480 and 201 ended unchanged.

Shares in Mitsui Mining and Smelting Co. (T:5706) fell to 52-week lows; down 18.00% or 568.0 to 2587.0. Shares in Citizen Holdings Co., Ltd. (T:7762) fell to 52-week lows; falling 7.07% or 48.0 to 631.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.22% to 20.68.

Crude oil for December delivery was up 1.43% or 0.86 to $61.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.99% or 1.40 to hit $71.58 a barrel, while the December Gold Futures contract fell 0.21% or 2.50 to trade at $1206.10 a troy ounce.

USD/JPY was up 0.21% to 114.06, while EUR/JPY fell 0.43% to 128.32.

The US Dollar Index Futures was up 0.63% at 97.34.

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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.01%

– Taiwan stocks were higher after the close on Monday, as gains in the Hotels, Cement and Cement&Glass sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.01%.

The best performers of the session on the Taiwan Weighted were HTC Corp (TW:2498), which rose 10.00% or 3.85 points to trade at 42.35 at the close. Meanwhile, HannsTouch Solution Inc (TW:3049) added 10.00% or 0.66 points to end at 7.26 and Airtac International Group (TW:1590) was up 9.96% or 26.00 points to 287.00 in late trade.

The worst performers of the session were Asmedia Technology Inc (TW:5269), which fell 9.94% or 47.00 points to trade at 426.00 at the close. Career Technology MFG Co Ltd (TW:6153) declined 6.81% or 2.30 points to end at 31.45 and Hitron Technologies Inc (TW:2419) was down 6.67% or 1.35 points to 18.90.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 420 to 390 and 93 ended unchanged.

Shares in Career Technology MFG Co Ltd (TW:6153) fell to 52-week lows; falling 6.81% or 2.30 to 31.45.

Crude oil for December delivery was up 1.43% or 0.86 to $61.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 2.05% or 1.44 to hit $71.62 a barrel, while the December Gold Futures contract fell 0.13% or 1.60 to trade at $1207.00 a troy ounce.

USD/TWD was up 0.28% to 30.875, while TWD/CNY fell 0.18% to 0.2254.

The US Dollar Index Futures was up 0.48% at 97.20.

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Gold Prices Flat Ahead of U.S. Inflation Data; Dollar Inches Up

- Gold prices were little changed on Monday while the dollar inched up as traders awaited the U.S. inflation data due later this week.

Meanwhile, Federal Reserve Chairman Jerome Powell’s speech on Wednesday would also be closely watched as he discusses national and global economic issues.

The Fed indicated earlier this month that it is still on course to hike interest rates in December.

Interest rate increases and higher U.S. bond yields are usually bearish for gold, which offers no yield. They also tend to boost the dollar, in which gold is priced.

Gold futures for December delivery on the Comex division of the New York Mercantile Exchange inched up 0.05% at $1,209.2 a troy ounce by 1:12 AM ET (06:12 GMT).

The U.S. dollar index that tracks the greenback against a basket of other currencies was up 0.1% to 96.87.

The index has strengthened four weeks in a row, gaining 0.4% last week.

"The dollar index was firm all last week, bouncing back after the mid-term election results. Looking ahead, moves will be driven by the developments around the Italian budget and Brexit politics," said Sim Moh Siong, currency strategist at Bank of Singapore.

A stronger dollar can make dollar-denominated assets, like gold, more expensive to potential buyers holding other currencies.

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Dollar Rises Ahead of Inflation Data, Powell’s Speech

- The dollar rose on Monday as investors awaited the U.S. inflation data due later this week, which is expected to show consumer prices rose in October.
In addition, investors will get another update on the health of U.S. consumers from Thursday’s retail sales numbers, which are expected to show an increase from the previous month.

A speech by Federal Reserve Chairman Jerome Powell in Dallas on Wednesday will also generate some focus, as he will likely discuss national and global economic issues, as well as appearances by a handful of other Fed speakers, including Vice Chair Randal Quarles.

The Fed indicated earlier this month that it is still on course to hike interest rates in December.

The U.S. dollar index that tracks the greenback against a basket of other currencies was up 0.1% to 96.87 by 10:36 PM ET (3:36 GMT).

The index has strengthened four weeks in a row, gaining 0.4% last week.

"The dollar index was firm all last week, bouncing back after the mid-term election results. Looking ahead, moves will be driven by the developments around the Italian budget and Brexit politics," said Sim Moh Siong, currency strategist at Bank of Singapore.

Meanwhile, the EUR/USD pair and the GBP/USD pair slipped 0.1% and 0.3% respectively.

Brexit negotiations remained in focus amid reports that the UK and European Union are edging closer to a draft deal.

"Eventually, the EU and May will come to a deal. Both parties want to conclude the deal, but the only risk is whether May will still be Prime Minister. I expect sterling to remain choppy in its recent wide range," added Sim Moh Siong.

The USD/CNY pair inched up 0.1% to 6.9632 as the People's Bank of China (PBOC) set the yuan reference rate at 6.9476 vs Friday's fix of 6.9560.

Elsewhere, the USD/JPY pair was up 0.2% to 114.0.

The AUD/USD pair and the NZD/USD pair were little changed at 0.7228 and 0.6745 respectively.

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Israel stocks lower at close of trade; TA 35 down 0.74%

– Israel stocks were lower after the close on Sunday, as losses in the Communication, Biomed and Real Estate sectors led shares lower.

At the close in Tel Aviv, the TA 35 fell 0.74%.

The best performers of the session on the TA 35 were Delek Group (TA:DLEKG), which fell 0.67% or 420 points to trade at 62380 at the close. Meanwhile, Harel (TA:HARL) fell 0.60% or 17 points to end at 2798 and Phoenix Holdings Ltd (TA:PHOE1) was up 2.28% or 50 points to 2240 in late trade.

The worst performers of the session were OPKO Health Inc (TA:OPK), which unchanged 0% or 0 points to trade at 1300 at the close. Liveperson (TA:LPSN) declined 8.16% or 692 points to end at 7785 and Tower Semiconductor Ltd (TA:TSEM) was down 2.22% or 127 points to 5604.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 197 to 183 and 52 ended unchanged.

Shares in Delek Group (TA:DLEKG) fell to 52-week highs; losing 0.67% or 420 to 62380.

Crude oil for December delivery was down 1.37% or 0.83 to $59.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.43% or 1.01 to hit $69.64 a barrel, while the December Gold Futures contract fell 1.30% or 15.90 to trade at $1210.30 a troy ounce.

USD/ILS was down 0.28% to 3.6728, while EUR/ILS fell 0.51% to 4.1638.

The US Dollar Index Futures was up 0.20% at 96.74.

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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.42%

– Saudi Arabia stocks were lower after the close on Sunday, as losses in the Real Estate Development, Petrochemicals and Building&Construction sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.42%.

The best performers of the session on the Tadawul All Share were Saudi Fisheries Co. (SE:6050), which rose 9.92% or 2.40 points to trade at 26.60 at the close. Meanwhile, Saudi Industrial Export Co (SE:4140) added 9.88% or 14.60 points to end at 162.40 and Al-Ahlia Insurance Company (SE:8140) was up 8.07% or 0.88 points to 11.78 in late trade.

The worst performers of the session were Saudi Paper Manufacturing Co. (SE:2300), which fell 9.87% or 1.40 points to trade at 12.78 at the close. Gulf Union Cooperative Insurance (SE:8120) declined 8.31% or 1.26 points to end at 13.90 and Solidarity Saudi Takaful Co (SE:8290) was down 7.17% or 1.14 points to 14.76.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 122 to 56 and 7 ended unchanged.

Shares in Saudi Industrial Export Co (SE:4140) rose to 52-week highs; up 9.88% or 14.60 to 162.40.

Crude oil for December delivery was down 1.37% or 0.83 to $59.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.43% or 1.01 to hit $69.64 a barrel, while the December Gold Futures contract fell 1.30% or 15.90 to trade at $1210.30 a troy ounce.

EUR/SAR was down 0.26% to 4.2525, while USD/SAR rose 0.02% to 3.7514.

The US Dollar Index Futures was up 0.20% at 96.74.

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Gold / Silver / Copper Prices - Weekly Outlook: November 12 - 16

- This week precious metals traders will be focusing on U.S. inflation data after the Federal Reserve indicated that it is on track to hike interest rates again in December and early next year.

Wednesday’s inflation data is expected to show that U.S. consumer prices rose in October. Investors will get another update on the health of consumers from Thursday’s retail sales numbers, which are expected to show an increase from the previous month.

Metals traders will also be watching a speech by Fed Chairman Jerome Powell in Dallas on Wednesday, where he is expected to discuss national and global economic issues, as well as appearances by a handful of other Fed speakers, including Vice Chair Randal Quarles.

Gold prices fell on Friday, pressured lower by the firmer dollar which has been boosted by expectations for higher U.S. interest rates.

December gold futures skidded 1.3% or $15.90 to settle at $1,210.30 on the Comex division of the New York Mercantile Exchange, extending the week’s losses to 1.99%.

The dollar rose against a basket of the other major currencies on Friday, a day after the Fed signaled that it intends to stick to plans to tighten monetary policy, with the U.S. economy looking strong on almost every front.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was up 0.2% to 96.74 in late trade, not far from the 16-month highs of 96.98 reached on October 31.

A stronger dollar can make dollar denominated assets, like gold, more expensive to potential buyers holding other currencies. Interest rate increases and higher U.S. bond yields are usually bearish for gold, which offers no yield. They also tend to boost the dollar, in which gold is priced.

Elsewhere in precious metals trading, silver settled down 2.74% at $14.130 a troy ounce, to end the week with a loss of 4.11%. Platinum settled at $855.60, 1.69% lower for the day, for a weekly loss of 1.89%.

Among base metals, copper ended at $2.679, down 2.12% for the day, ending the week down 4.14%.

Ahead of the coming week, has compiled a list of significant events likely to affect the markets.

Monday, November 12

Japan is to release data on producer prices and a preliminary report on machine tool orders.

San Francisco Fed President Mary Daly is to speak at an event in Idaho.

Tuesday, November 13

Australia is to publish data on business confidence.

The UK is to release its latest employment report.

The ZEW Institute is to report on German economic sentiment.

Fed Governor Lael Brainard is to speak at an event in Philadelphia.

Wednesday, November 14

Japan is to release preliminary data on third quarter growth.

China is to publish figures for fixed asset investment and industrial production.

The euro zone and Germany are to release preliminary data on third quarter growth.

The U.S. is to release data on consumer price inflation.

Fed Governor Randal Quarles is to speak in Washington.

Later in the day Fed Chairman Jerome Powell is to speak along with Dallas Fed President Robert Kaplan in Dallas.

Thursday, November 15

Australia is to publish its latest jobs report.

The UK is to report retail sales figures.

The U.S. is to release data on retail sales along with data on manufacturing activity in the New York and Philadelphia regions and the weekly report on initial jobless claims.

Fed Governor Randal Quarles is to speak in Washington.

Fed Chairman Jerome Powell is to speak in Dallas.

Friday, November 16

European Central Bank President Mario Draghi is to speak at an event in Frankfurt.

Canada is to round up the week with data on manufacturing sales and foreign securities purchases.

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Economic Calendar - Top 5 Things to Watch This Week

- After another turbulent week of trading worldwide, there’s a lot to keep investors on edge in the week ahead.

Global financial markets will pay close attention to comments from a handful of Federal Reserve officials, including Chair Jerome Powell, for additional insight into the outlook for monetary policy in the months ahead.

The Fed has hiked rates three times this year and is forecast to raise one more time before year-end.

Meanwhile, on the data front, market players will focus on this week's U.S. consumer price data, which should give clearer signs on the pace of inflation.

There is also U.S. retail sales figures for October, which investors will be eyeing for further signs on the strength of the American consumer.

On Wall Street, there are 13 S&P 500 companies reporting results in the week ahead, as the earnings season begins to wind down, with big-name retailers such as Home Depot , Macy's and Walmart among the highlights.

Elsewhere, China has key data, including the latest reading on industrial production, which will be watched for any signs of damage from the trade spat with the U.S. that has been going on for most of the year.

Meantime, in Europe, political headlines will be in focus as investors watch developments surrounding Brexit talks and Italy's ongoing budget drama.

Ahead of the coming week, has compiled a list of the five biggest events on the economic calendar that are most likely to affect the markets.

1. Fed Chair Powell Speaks

A number of Fed speeches will get market attention in the week ahead, as traders watch for further clues on interest rates.

Topping the agenda will be remarks from Federal Reserve Chair Jerome Powell, who will be speaking about economic issues at an event hosted by the Federal Reserve Bank of Dallas on Wednesday.

Powell is then due to speak again on Thursday about Hurricane Harvey recovery efforts at an event hosted by the Dallas Fed in Houston.

Investors will also tune in to Fed Governor Randal Quarles’s semi-annual testimony to Congress on banking supervision.

Speeches from San Francisco Fed President Mary Daly, Minneapolis Fed boss Neel Kashkari, Chicago Fed President Charles Evans, Atlanta Fed President Raphael Bostic and Fed Governor Lael Brainard will also be in focus.

The Fed left interest rates on hold last week, but delivered an upbeat assessment of the economy and labor market, reaffirming expectations for a December rate hike.

2. U.S. Inflation

The Commerce Department will publish October inflation figures at 8:30AM ET (1330GMT) Wednesday.

Consumer prices are expected to have risen 0.3% last month and 2.5% over the prior year, according to estimates. Excluding the cost of food and fuel, core inflation is projected to climb 2.2% on a year-over-year basis.

Rising inflation would be a catalyst to push the Fed toward raising interest rates at a faster pace than currently expected.

3. U.S. Retail Sales

The Commerce Department will release data on retail sales for October at 8:30AM ET (1330GMT) Thursday.

The consensus forecast is that the report will show retail sales rose 0.6% last month, after a mere 0.1% increase in September. Excluding the automobile sector, sales are expected to increase 0.5%.

Rising retail sales over time correlate with stronger economic growth, while weaker sales signal a declining economy. Consumer spending accounts for as much as 70% of U.S. economic growth.

Also on the economic calendar this week will be a pair of surveys on manufacturing conditions in the Philadelphia and New York regions. Investors will pay particular attention to the data for any impact tariffs are having on the sector.

4. Retailers Highlight Last Big Week of Earnings

While just 13 S&P 500 companies are due to report financial results this week, retailers are just getting started in what will be the last big wave of the third-quarter earnings season.

Home Depot (NYSE:HD) unofficially kicks things off when it reports on Tuesday; results from Macy’s (NYSE:M) are on the agenda for Wednesday; while Walmart (NYSE:WMT), the world’s largest retailer, is due to report results on Thursday.

Nordstrom (NYSE:JWN), JCPenney (NYSE:JCP) and Children's Place (NASDAQ:PLCE) are among the other major retailers reporting this week.

Other high-profile names set to report this week also include NVIDIA (NASDAQ:NVDA), Tilray (NASDAQ:TLRY), Canopy Growth (NYSE:CGC), Viacom (NASDAQ:VIA), and Cisco (NASDAQ:CSCO).

5. China Industrial Output

China is to release October industrial production figures on Wednesday morning.

The consensus among analysts is that the data will show China's factory output grew 5.8%, the same gain recorded in September.

At the same time, the Asian nation will publish reports on fixed asset investment and retail sales.

Recent data has started to show that China's economy may be losing steam, raising concerns about the potential fallout from the ongoing U.S.-China trade dispute.

The U.S. has slapped tariffs on more than half of over $500 billion in Chinese imports, for which China has retaliated, after several rounds of negotiations failed to resolve U.S. complaints over Chinese industrial policies, lack of market access in China and a $375 billion U.S. trade deficit.

President Xi Jinping is due to meet with Trump at the upcoming G-20 summit later in November, though expectations are low that the meeting will yield any major results.

Stay up-to-date on all of this week's economic events by visiting: http://www.investing.com/economic-calendar/

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Canada stocks lower at close of trade; S&P/TSX Composite down 0.70%

– Canada stocks were lower after the close on Friday, as losses in the Healthcare, IT and Consumer Discretionary sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite lost 0.70%.

The best performers of the session on the S&P/TSX Composite were Enerflex Ltd . (TO:EFX), which rose 10.12% or 1.69 points to trade at 18.39 at the close. Meanwhile, Bombardier Inc (TO:BBDb) added 8.57% or 0.210 points to end at 2.660 and Exchange Income Corporation (TO:EIF) was up 6.96% or 2.190 points to 33.670 in late trade.

The worst performers of the session were Sierra Wireless Inc . (TO:SW), which fell 17.99% or 4.65 points to trade at 21.20 at the close. Kinaxis Inc (TO:KXS) declined 16.47% or 14.60 points to end at 74.03 and Paramount Resources Ltd . (TO:POU) was down 12.88% or 1.24 points to 8.39.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 792 to 342 and 96 ended unchanged.

Shares in Enerflex Ltd. (TO:EFX) rose to 52-week highs; up 10.12% or 1.69 to 18.39. Shares in Paramount Resources Ltd. (TO:POU) fell to 52-week lows; losing 12.88% or 1.24 to 8.39.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 0.90% to 16.80.

Gold Futures for December delivery was down 1.33% or 16.30 to $1209.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.47% or 0.89 to hit $59.78 a barrel, while the January Brent oil contract fell 1.47% or 1.04 to trade at $69.61 a barrel.

CAD/USD was down 0.32% to 0.7578, while CAD/EUR fell 0.07% to 0.6684.

The US Dollar Index Futures was up 0.18% at 96.72.

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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.77%

– U.S. stocks were lower after the close on Friday, as losses in the Technology, Basic Materials and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.77%, while the S&P 500 index fell 0.92%, and the NASDAQ Composite index fell 1.65%.

The best performers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE:DIS), which rose 1.72% or 2.00 points to trade at 118.00 at the close. Meanwhile, Procter&Gamble Company (NYSE:PG) added 1.15% or 1.05 points to end at 92.41 and Pfizer Inc (NYSE:PFE) was up 0.98% or 0.43 points to 44.28 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 3.89% or 9.00 points to trade at 222.65 at the close. Caterpillar Inc (NYSE:CAT) declined 3.41% or 4.48 points to end at 126.91 and Cisco Systems Inc (NASDAQ:CSCO) was down 2.75% or 1.33 points to 47.11.

The top performers on the S&P 500 were Monster Beverage Corp (NASDAQ:MNST) which rose 4.99% to 56.84, Colgate-Palmolive Company (NYSE:CL) which was up 4.76% to settle at 63.80 and Range Resources Corporation (NYSE:RRC) which gained 3.75% to close at 17.70.

The worst performers were Pacific Gas&Electric Co (NYSE:PCG) which was down 16.49% to 39.92 in late trade, Activision Blizzard Inc (NASDAQ:ATVI) which lost 12.39% to settle at 55.01 and Edison International (NYSE:EIX) which was down 12.12% to 61.00 at the close.

The top performers on the NASDAQ Composite were Novelion Therapeutics Inc (NASDAQ:NVLN) which rose 36.80% to 1.710, Twist Bioscience Corp (NASDAQ:TWST) which was up 31.58% to settle at 25.00 and Pro-Dex Inc (NASDAQ:PDEX) which gained 29.84% to close at 12.075.

The worst performers were Moneygram Int (NASDAQ:MGI) which was down 49.22% to 2.27 in late trade, InnerWorkings Inc (NASDAQ:INWK) which lost 39.77% to settle at 4.24 and Apollo Endosurgery Inc (NASDAQ:APEN) which was down 33.72% to 3.9500 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2092 to 959 and 101 ended unchanged; on the Nasdaq Stock Exchange, 1975 fell and 679 advanced, while 71 ended unchanged.

Shares in Activision Blizzard Inc (NASDAQ:ATVI) fell to 52-week lows; falling 12.39% or 7.78 to 55.01. Shares in Moneygram Int (NASDAQ:MGI) fell to all time lows; falling 49.22% or 2.20 to 2.27. Shares in Twist Bioscience Corp (NASDAQ:TWST) rose to all time highs; rising 31.58% or 6.00 to 25.00. Shares in InnerWorkings Inc (NASDAQ:INWK) fell to 5-year lows; down 39.77% or 2.80 to 4.24. Shares in Apollo Endosurgery Inc (NASDAQ:APEN) fell to 52-week lows; losing 33.72% or 2.0100 to 3.9500.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.83% to 17.36.

Gold Futures for December delivery was down 1.33% or 16.30 to $1209.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.43% or 0.87 to hit $59.80 a barrel, while the January Brent oil contract fell 1.43% or 1.01 to trade at $69.64 a barrel.

EUR/USD was down 0.25% to 1.1336, while USD/JPY fell 0.24% to 113.79.

The US Dollar Index Futures was up 0.19% at 96.73.

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Stocks - Dow Skids on Global Growth Concerns, but Posts Solid Weekly Gain

- The Dow recorded a second-straight weekly gain despite coming under pressure Friday, led by a rout in tech and concerns that global economic growth was running out of steam.

The Dow Jones Industrial Average fell 0.77%, the S&P 500 fell 0.94%, while the Nasdaq Composite fell 1.65%.

Tech wreaked havoc on Wall Street as investors continued to bail on FAANG stocks in favor of defensive corners of the market on concerns slowing Chinese economic growth, party driven by the U.S.-China trade war, could hurt economic growth.

Comments on trade from White House trade advisor Peter Navarro poured cold water on optimism a resolution could be sought at the month-end G-20 meeting between Trump and Chinese President Xi Jinping.

"If there is a deal -- if and when there is a deal, it will be on President Donald J. Trump's terms. Not Wall Street's terms," Navarro said

Among the FAANG stocks, Apple (NASDAQ:AAPL) and Netflix (NASDAQ:NFLX) were the hardest hit, with the latter closing more than 4% lower.

Weakness in Apple comes despite an upbeat note from Morgan Stanley earlier this week, in which the Wall Street bank waxed lyrical about the company's growing services business and upgraded its price target on the iPhone maker's shares to $253 from $226.

Apple's services business it set to exceed past expectations, partly because its iCloud business is already bigger than previously estimated, Morgan Stanley said.

The slump in tech was exacerbated by wave of selling across chip stocks on the heels of bearish quarterly results from key apple supplier Skyworks Solutions (NASDAQ:SWKS). Micron (NASDAQ:MU), Intel (NASDAQ:INTC) and Broadcom (NASDAQ:AVGO) closed in the red.

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Netflix Falls 4%

- Netflix (NASDAQ:NFLX) fell by 4.30% to trade at $304.25 by 15:29 (20:29 GMT) on Friday on the NASDAQ exchange.

The volume of Netflix shares traded since the start of the session was 12.04M. Netflix has traded in a range of $298.02 to $312.98 on the day.

The stock has traded at $331.8600 at its highest and $296.6700 at its lowest during the past seven days.

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Amazon.com Falls 3%

- Amazon.com (NASDAQ:AMZN) fell by 3.02% to trade at $1,702.00 by 14:21 (19:21 GMT) on Friday on the NASDAQ exchange.

The volume of Amazon.com shares traded since the start of the session was 4.09M. Amazon.com has traded in a range of $1,701.90 to $1,743.09 on the day.

The stock has traded at $1,783.4200 at its highest and $1,596.3600 at its lowest during the past seven days.

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Gold Tumbles Most in 3 Months; $1200 Support in Trouble

- Oil isn't the only commodity getting hammered these days. Gold's key support of $1,200 could also be under attack, with investors seeing little upside for the yellow metal amid the string of upcoming U.S. rate hikes expected.

U.S. producer price index (PPI) data for October, released on Friday, showed an increase of 0.6% vs expectations for 0.2%.

That was an endorsement of sorts for the Federal Reserve to raise rates again in December, the fourth time it would be doing so this year. The U.S. central bank is determined to stay ahead of the inflationary curve and has signaled more rate increases in 2019, with the robust growth data seen lately for the world's top economy.

The PPI data instantly boosted the dollar, a contrarian bet to gold, weighing further on bullion's sentiment. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, shot up up 0.22%, gaining nearly 1% in all over the two past sessions and heading for a fourth-straight week of gains.

"Deterioration of investor sentiment," Bank of America Merrill Lynch (NYSE:BAC) said of gold in a global metals outlook published on Friday, adding that "high prices" were deterring physical demand for the yellow metal, increasing its scrap supply.

Gold for December delivery settled down $16.50, or 1.3%, at $1,208.60 on the COMEX division of the New York Mercantile Exchange. It was the sharpest one-day loss in gold futures since Aug. 15. The session bottom was $1,207.30, the lowest in four weeks.

That low called into question the $1,200 support for gold, which has been a key perch since September for bullion fans. Just a day ago, some analysts had expected bullion to to hover indefinitely in the $1,220-$1,240 range as a hedge toward political uncertainties in the U.S. after the split vote in the Nov. 6 midterm elections.

Walter Pehowich at Dillon Gage Metals in Addison, Texas, reported that ETFs in gold were taking it on the chin Friday morning after the PPI report, contributing to the slide in gold futures.

"The question now is how much damage has this report done to the gold market?" Pehowich wrote in a note. "Technical levels of support now are at $1208 in spot. I believe it is imperative we hold this level in spot, if not, we could test the $ 1200 dollar level in short order."

George Gero at the RBC Wealth Management in New York said the selloff in oil, where benchmark WTI futures plumbed below the $60 support on Friday, was an added negative to gold.

Yet he was optimistic that a rebound was on the cards.

"This is becoming a crowded trade," Gero said, referring to the building short positions in Friday's trade. "I would not be surprised to see surprise headlines and market reactions all causing a rally in next weeks."

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Adobe Falls 3%

- Adobe (NASDAQ:ADBE) fell by 3.11% to trade at $242.19 by 13:15 (18:15 GMT) on Friday on the NASDAQ exchange.

The volume of Adobe shares traded since the start of the session was 1.17M. Adobe has traded in a range of $242.17 to $247.94 on the day.

The stock has traded at $254.1200 at its highest and $233.6200 at its lowest during the past seven days.

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