🛢️💥 OIL CRASH, STOCKS RIP 💥🛢️
📉 WTI crude fell 7.8% to $88.56 and Brent dropped 8.3% to $95.04 as the Democratic sweep raised pressure to wind down the Iran war.
🚀 The Dow ripped 1,569 points (+3.0%) to 53,356, its best day since April 2025. S&P 500 +1.6% to 7,688, Nasdaq +1.4%.
📉 Yields eased too: the 10-year slid to about 4.89%.
🔥 Why it matters today:
🇬🇧 Bank of England hiked 25 bps to 4.00% (8-1 vote, one member wanted 4.25%). Bailey says more may come unless the Middle East conflict is resolved.
💼 US jobless claims at 7:30 AM CT (197K expected), plus Q3 productivity.
🎤 Fed's Hammack and Barkin speak from 7:50 AM CT.
💻 Airbnb, ConocoPhillips and Lumentum report.
📊 The October jobs report hits Friday.
₿ $BTC trades 79,600, with 78,000 the line to hold. 81,064 is the lid.
⚠️ Cheaper oil cools inflation fears, but ETF outflows still weigh on crypto. Size small into Friday's jobs data. Not financial advice. ⚠️
👉 Follow for free signals 🐑
📉 WTI crude fell 7.8% to $88.56 and Brent dropped 8.3% to $95.04 as the Democratic sweep raised pressure to wind down the Iran war.
🚀 The Dow ripped 1,569 points (+3.0%) to 53,356, its best day since April 2025. S&P 500 +1.6% to 7,688, Nasdaq +1.4%.
📉 Yields eased too: the 10-year slid to about 4.89%.
🔥 Why it matters today:
🇬🇧 Bank of England hiked 25 bps to 4.00% (8-1 vote, one member wanted 4.25%). Bailey says more may come unless the Middle East conflict is resolved.
💼 US jobless claims at 7:30 AM CT (197K expected), plus Q3 productivity.
🎤 Fed's Hammack and Barkin speak from 7:50 AM CT.
💻 Airbnb, ConocoPhillips and Lumentum report.
📊 The October jobs report hits Friday.
₿ $BTC trades 79,600, with 78,000 the line to hold. 81,064 is the lid.
⚠️ Cheaper oil cools inflation fears, but ETF outflows still weigh on crypto. Size small into Friday's jobs data. Not financial advice. ⚠️
👉 Follow for free signals 🐑
