By - Summary
- Companies
- Credit Suisse U.S. shares tank after buyout by UBS
- First Republic Bank shares slump
- Other regional bank shares higher
- Indexes: Dow up 1.2%, S&P 500 up 0.9%, Nasdaq up 0.4%
- UK economy ekes out 0.1% growth, below expectations
- Wholesale prices rose 0.2% in October, in line with expectations
- CPI inflation October 2024:
- Powell and the Fed won’t be able to avoid talking about Trump forever
- Mnuchin says Trump’s top priorities will include tax cuts and tariffs
- Senegal votes for lawmakers in test for new president
- During meeting with Biden, China’s Xi cautions the U.S. to ‘make the wise choice’ to keep relations stable
- Trump picks oil industry CEO Chris Wright as Energy secretary
- China willing to be partners, friends with US, Chinese envoy says
- Trump Defense pick Pete Hegseth sex assault probe revealed
