CNBC reported Nov 2 that midterm elections historically precede a strong year for the S&P 500 and outlined “What to know if Democrats win back Congress.”
CNBC reported on Nov 1, 22:43 UTC that K2 Asset Management’s George Boubouras said last Friday’s tech sell-off "isn't panic" and that defensives, energy and metals could offer potential hedges while Apple’s earnings are key to gauging demand.
CNBC reported Nov 2 that Needham analyst Laura Martin joined 'Squawk on the Street' to discuss Apple’s earnings, the company’s new CEO and developments in China.
Eight high-importance earnings are scheduled over the next three days, including BRK.A and Apple; EPS estimates are provided by finnhub while consensus and previous figures are not listed.
CNBC reported that companies including Amazon and JPMorgan are blocking AI personal agents such as Meta’s Muse, while retail experts say friction‑reducing technology tends to win.
According to CoinGecko, Solana fell 2.59% over 24 hours while bitcoin, ether and XRP also declined; MarketAlleys trend signals list all four as neutral.
CoinGecko shows Solana fell 1.58% over 24 hours and led declines as of Nov 2, 15:59 UTC; Bitcoin, Ether and XRP posted mixed moves while CoinDesk published several crypto headlines including a Coinbase downgrade.
The Bank of England rate decision is the high‑importance item this week, with US labour and trade datapoints scheduled ahead of Friday’s Employment Situation.
European Central Bank reference rates show GBP/USD at 1.3399, up 0.62% from the prior ECB fixing, with a five-session change of -0.44%, MarketAlleys reports.
European Central Bank (euro reference rates) showed GBP/USD rose from the prior ECB fixing; MarketAlleys examines price, momentum and nearby macro events.
Finnhub pricing shows Brent’s ETF led declines while silver and gold proxies rose as of Nov 2, 16:31 UTC; WTI, natural gas and copper moved less sharply.
The GLD ETF was $362.48 as of Nov 2, 15:30 UTC, rising 1.88% from the prior close; Reuters ran a rebound headline and Forexlive published a chart-of-the-day warning about gold's technicals.
The EWU ETF was $47.99 and rose 0.33% from the prior close, with a five-session change of +0.65%, according to Finnhub; Reuters ran a headline saying the FTSE 100 was 'subdued as energy, healthcare stocks limit broader gains', and the Bank of England decision is scheduled Thu Nov 5, 12:00 UTC.
cnbc.com reported that Fed Chairman Kevin Warsh said he plans to reduce the number of rate-setting votes, and some economists said the move could delay relief for borrowers.
USO ETF fell while GLD and SPY ETFs rose; UUP ETF edged lower. Headlines on midterms and market history circulated ahead of upcoming US macro releases.