Market in Review
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Brent Fell 7.6% on Iran Diplomacy the Day Before the Midterms, Gold Rebounded Toward $3,950, and the Nasdaq Fell Again
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The Nasdaq Fell 2.9% to Close Its Worst Month Since March 2025, Intel Had Its Worst Day Since 1974, Gold
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GDP Beat at 3.4% and Core PCE Matched at 3.1%, Lagarde Announced an Early Exit From the ECB, and Alphabet
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The Fed Held 10–2 With Two Votes to Hike, the Bank of Canada Hiked on Energy While New Zealand Surprised
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Consumer Confidence Jumped to 91.7 and December Hike Odds Rose to 83%, Oil Fell a Second Day as Israel Voted
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Oil Fell on Iran Diplomacy Despite Claimed Strikes on Saudi Arabia’s Hormuz Bypass, Gold Reclaimed $4,000 as Oil Cooled, and
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Brent Settled at $116.72 for a 6.2% Weekly Gain, Gold Broke $4,000 Intraday and Lost 3.5% on the Week, and
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Brent Reached $113 on Attacks Inside Saudi Arabia, Gold Fell Nearly 3% Anyway, and the 10-Year Broke Below 5% in
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Meta Raised Its Capex Floor and Gave the Gains Back, Tesla Expanded Margins and Held Them, and Gold Sits Roughly