Section
Stocks, bonds, credit, currencies, and commodities, and the forces moving them.
Japan's preliminary third-quarter GDP arrives at 6:50 p.m. Eastern on Sunday, followed by China's October activity figures at 9 p.m. In New York on Monday, the Empire State survey, earnings from Baidu and Tyson Foods, and remarks from Fed Chair Kevin Warsh are on the calendar.
The weekend slide came after seven straight sessions of withdrawals from U.S. spot bitcoin funds and about $2 billion of forced liquidations across crypto markets. Ether touched its lowest level since early July.
Iran's Revolutionary Guards claimed a drone strike on a U.S. radar in Bahrain, which was not immediately confirmed. Brent settled Friday at $95.84 a barrel after the IEA said the oil market had returned to surplus.
The S&P 500 gained 2.5 percent for the week even after slipping 0.40 percent on Friday, when Nvidia and other chipmakers fell. Treasury yields ended the week sharply higher.
The dollar index ended Friday near a 19-month high, and the euro slipped to $1.103. Bitcoin fell below $70,000 for the first time since August.
Brent and WTI each lost about 2.5 percent over the week, and gold fell after touching a 13-month low on Thursday. The national average for regular gasoline dropped below $4 a gallon.
The S&P 500 fell 0.35 percent on Thursday after erasing a nearly 1 percent early drop, and Nvidia closed down 4.3 percent. Two-year and 10-year Treasury yields rose to their highest levels since October.
Brent and WTI crude rose on Thursday but were still down about 2.5 percent for the week, Reuters reported. December gold settled at $3,885.30 an ounce, its third straight decline.
Tokyo's Nikkei 225 rose 0.5 percent on Friday while Hong Kong's Hang Seng fell 1.6 percent, AFP reported. The dollar rose above 160 yen for the first time since the start of September, renewing talk that Japan could step in.
The S&P 500 rose 1.31 percent and the Nasdaq 1.60 percent on Wednesday as CoreWeave jumped 24.7 percent. Early Thursday, Nvidia was down 7.7 percent in premarket trading, Reuters reported.
Brent crude rose $1.27 a barrel on Wednesday after Iran's security chief spoke on enriched nuclear material. Spot gold fell 1.1 percent to $3,986.79 an ounce in afternoon trading, and December gold futures settled at $4,000.50.
Most Asian markets fell on Thursday, and shares tied to Nvidia dropped in Tokyo. Britain's economy grew 0.7 percent in the third quarter, the Office for National Statistics said.
The S&P 500 fell 0.38 percent and the Nasdaq 0.74 percent on Tuesday after October inflation beat forecasts and a $42 billion 10-year note sale cleared at 5.020 percent. Nasdaq-100 futures were up 1.9 percent early Wednesday.
Brent crude for January fell $1.08 to $91.49 a barrel on Tuesday and WTI for December fell 81 cents to $86.04, both the lowest settlements since Aug. 31. Natural gas was the only energy contract to rise.
MSCI's broadest index of Asia-Pacific shares rose 1.5 percent on Wednesday, led by Taiwan and South Korea, while Japan's 10-year yield rose 10 basis points to 2.793 percent. The dollar index firmed to 102.45.
The S&P 500 rose 2.35 percent on Monday, its biggest gain since April 8, and MSCI's world index added 2.16 percent. Japan and South Korea rallied again on Tuesday, while U.S. futures were mixed ahead of October inflation data.
Brent crude for January delivery settled down 5.85 percent on Monday and slipped below $90 early Tuesday. Iran's security council secretary called reports of talks 'fake news.'
Dow futures were up more than 1 percent early Monday while Nvidia fell before the open. Tuesday's inflation report and chip-sector earnings will test whether Friday's rebound can hold.
Brent crude was down 75 cents at $97.57 a barrel by 10:11 GMT on Monday, extending a week in which the benchmark fell about 16 percent. Ships were reported hit near the Strait of Hormuz over the weekend.
Former President Santiago Peña was ordered into pretrial detention Saturday over his ties to the failed digital lender. The central bank says it has paid the equivalent of $160 million to nearly 1.2 million savers.
Brent settled at $98.32 a barrel on Friday and West Texas Intermediate at $90.83. Here is what each benchmark measures, how a futures settlement works and why the two rarely match.
A Wednesday relief rally gave way to Thursday's rout and only a partial rebound Friday. The Nasdaq fell 3.4 percent in the week ended Nov. 6, and oil had its own steep slide.
The Nasdaq fell into a correction as chip and data-center shares sold off for a second day. Investors are weighing whether the vote can slow the AI buildout.
Both crude benchmarks settled Wednesday at their lowest since August 31 after Democrats won Congress. Brent recovered toward $97 on Thursday. The latest posted Cushing spot price is for November 3.
On November 4 the ten-year par yield was 4.90 percent and the two-year was 4.58 percent. The gap is 0.32 percentage points.
The Cushing WTI spot price was $99.64 a barrel on November 3, down $0.42 from November 2. The EIA summary for the week ending October 30 reports a 0.9 million barrel decline in commercial crude stocks, to 409.8 million.
On November 3 the ten-year par yield was 4.95 percent and the two-year was 4.61 percent. The gap is 0.34 percentage points.
On November 2 the ten-year par yield was 4.91 percent and the two-year was 4.59 percent. The gap is 0.32 percentage points.
The November 2 announcement puts privately held net marketable borrowing at $618 billion for October–December, assuming an $850 billion cash balance at year-end.
Treasury yields for November 2 have not been published. The last session, October 30, left the ten-year at 4.94 percent and the two-year at 4.56 percent.
The latest posted Cushing spot price for West Texas Intermediate is $103.37 a barrel, dated October 27.
The last published Treasury session of the week put the ten-year at 4.94 percent and the two-year at 4.56 percent.
Thursday's ten-year par yield was 4.98 percent, seven basis points under Wednesday's print. The two-year was 4.61 percent.
The Cushing crude spot price was $103.37 a barrel on October 27, from $105.25 the day before.
Monday's par yield was 5.00 percent, the same print as Friday. The two-year was 4.68 percent.
The two-year and ten-year par yields on October 9, 2026, and the gap between them.
The two-year and ten-year par yields on September 11, 2026, and the gap between them.
The two-year and ten-year par yields on August 14, 2026, and the gap between them.
The ten-year par yield finished the session at 4.55 percent, down 2 basis points. The number alone does not say why.
Fuel is a price in the inflation basket and a cost in almost every other business. It does not belong in a box at the bottom.
The two-year and ten-year par yields on June 5, 2026, and the gap between them.
Foreign rates and foreign headlines are easy to conscript. They still need their own documents.
The two-year and ten-year par yields on May 8, 2026, and the gap between them.
Checking a price every few minutes feels like vigilance. It is usually a way of letting the last tick write the story.
The two-year and ten-year par yields on March 13, 2026, and the gap between them.
The two-year and ten-year par yields on February 13, 2026, and the gap between them.
The two-year and ten-year par yields on January 16, 2026, and the gap between them.
The two-year and ten-year par yields on December 19, 2025, and the gap between them.
A spot quote does not describe the tanks. The tanks are a separate release.
The two-year and ten-year par yields on November 21, 2025, and the gap between them.
When the ten-year yield sits near the two-year, you have a fact about two prices. You do not yet have a recession.
The ten-year par yield finished the session at 4.02 percent, up 1 basis point from the prior session.
Holding bills is a choice about the next few months. It is not a neutral waiting room.
The two-year and ten-year par yields on September 26, 2025, and the gap between them.
The two-year and ten-year par yields on August 29, 2025, and the gap between them.
A U.S. policy rate is a domestic decision with foreign echoes. The echoes are not automatic.
The two-year Treasury par yield was 3.73 percent on June 27, 2025, and the ten-year was 4.29 percent, a gap of 0.56 percentage points.
The two-year Treasury par yield was 3.89 percent on May 30, 2025, and the ten-year was 4.41 percent, a gap of 0.52 percentage points.
The two-year Treasury par yield was 3.83 percent on May 2, 2025, and the ten-year was 4.33 percent, a gap of 0.50 percentage points.
The spot quote is a market. The heating bill and the freight invoice are what the quote becomes later.
The two-year Treasury par yield was 3.89 percent on March 28, 2025, and the ten-year was 4.27 percent, a gap of 0.38 percentage points.
The phrase sounds like a measurement. It is usually a guess about what other people already believe.
The two-year Treasury par yield was 3.99 percent on February 28, 2025, and the ten-year was 4.24 percent, a gap of 0.25 percentage points.
The ten-year par yield finished the session at 4.58 percent. The number does not say why.
A down day acquires a cause by afternoon. The cause is often fitted after the move.
The two-year Treasury par yield was 4.28 percent on January 3, 2025, and the ten-year was 4.60 percent, a gap of 0.32 percentage points.
The two-year Treasury par yield was 4.10 percent on December 6, 2024, and the ten-year was 4.15 percent, a gap of 0.05 percentage points.
