DAX-tracking EWG ETF posts the largest gain as major indices rise

Where prices stand

The EWG ETF, which tracks the DAX 40, rose 3.23% from the prior close to $43.42; its quote was as of Nov 4, 18:59 UTC. As of Nov 4, 19:00 UTC, the EWU ETF, which tracks the FTSE 100, rose 3.19% to $48.81, while the DIA ETF, which tracks the Dow Jones Industrial Average, rose 2.99% to $532.51. The SPY ETF, which tracks the S&P 500, rose 1.73% to $767.42, the IWM ETF, which tracks the Russell 2000, rose 1.49% to $283.96, the EWJ ETF, which tracks the Nikkei 225, rose 1.21% to $93.71, and the QQQ ETF, which tracks the Nasdaq 100, rose 1.14% to $693.09; the VIXY ETF, which tracks the CBOE Volatility Index, fell 9.44% to $16.41, per Finnhub.

In the news

CoinDesk published a news article about Wall Street rethinking the AI data center boom in light of Texas election risks, according to CoinDesk. Reuters reported that Wall Street rallied after Democrats won Congress, and Yahoo ran pieces highlighting the Dow’s large advance and gains in Apple and Microsoft, according to Yahoo.

• Wall Street rethinks AI data center boom as Texas election raises new risks — CoinDesk, Nov 4, 16:08 UTC
• Wall Street rallies after Democrats win Congress; data center stocks slide — Reuters, Nov 4, 17:15 UTC
• Dow Skyrockets 1,500 Points in Best Day Since Trump's Tariff Pause — Yahoo, Nov 4, 17:02 UTC
• Apple, Microsoft hit all-time highs as Nasdaq surges 2% in post-election rally: AlphaCheck — Yahoo, Nov 4, 15:25 UTC

What to watch

The Bank of England rate decision and Monetary Policy Report is scheduled Thu Nov 5, 12:00 UTC; Productivity and Costs is scheduled Thu Nov 5, 13:30 UTC. Weekly jobless claims is scheduled Thu Nov 5 (time not confirmed), and the US Employment Situation is scheduled Fri Nov 6, 13:30 UTC.

• Thu Nov 5 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Nov 5, 12:00 UTC — Bank of England rate decision and Monetary Policy Report (GB) (source)
• Thu Nov 5, 13:30 UTC — Productivity and Costs (US) (source)
• Fri Nov 6, 13:30 UTC — Employment Situation (US) (source)

Sources and data

• CoinDesk (secondary source) — Wall Street rethinks AI data center boom as Texas election raises new risks
• Reuters (secondary source) — Wall Street rallies after Democrats win Congress; data center stocks slide
• Yahoo (secondary source) — Dow Skyrockets 1,500 Points in Best Day Since Trump's Tariff Pause
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Bank of England (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar
• Federal Reserve (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar

Market data as of Nov 4, 19:00 UTC; report generated Nov 4, 19:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.