Australia Gross Domestic Product (QoQ) above expectations (0.6%) in 4Q: Actual (0.8%)

TradingKey - On November 3, Eastern Time, futures tied to the three major U.S. stock indexes traded mixed. As of press time, Dow futures fell 0.79%, S&P 500 futures dropped 0.14%, and Nasdaq 100 futures rose 0.27%.

Palantir’s (PLTR) impressive earnings failed to stem profit-taking driven by high valuations, causing its stock price to fall 3%, with technical indicators closely watching the battle to defend the $160 level.

TradingKey - On November 2, Eastern Time, early gains in US stocks failed to hold as weakness in AI and technology stocks dragged down the S&P 500 and the Nasdaq. A sharp drop in oil prices eased energy cost pressures, lifting fuel-sensitive sectors such as airlines and cruise lines, but failed to o

A wave of risk aversion surged on U.S. Election Day. Japanese markets were closed, while the KOSPI plummeted 3.59% at the open, with Samsung Electronics and SK Hynix falling around 5%.

On Monday, November 2, Eastern Time, US stocks posted a mixed performance. The Nasdaq and the S&P 500 gave up early gains to turn lower, while the Dow bucked the trend and advanced. Investors continued to rotate out of tech stocks into other sectors of the market, with attention focused on big tech companies' AI financing plans and M&A transactions. At the close, the Dow Jones Industrial Average rose 0.41% to 51,983.98; the Nasdaq Composite Index fell 1.07% to 25,164.32; and the S&P 500 Index slipped 0.51% to 7,541.40.