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Trump administration's embrace of "perp" futures sets off risk alarms for Wall Street stalwarts

Trump administration's embrace of "perp" futures sets off risk alarms for Wall Street stalwarts

By Laura Matthews and Hannah Lang NEW YORK, November 9 (Reuters) - The Trump administration's push to bring novel offshore perpetual futures to the US is raising alarms, according to interviews with four executives at incumbent exchanges and other key market participants who warned that the products
ReutersReuters
Oil prices ease to two-month lows as US downplays further Iran strikes

Oil prices ease to two-month lows as US downplays further Iran strikes

By Scott DiSavino NEW YORK, Nov 10 (Reuters) - Oil prices eased to a two-month low on Tuesday after US officials downplayed the need for additional military action against Iran, easing fears of additional Middle East supply disruptions.
ReutersReuters
Head of US Justice Department's civil division resigns, says Blanche

Head of US Justice Department's civil division resigns, says Blanche

By Dan Rosenzweig-Ziff WASHINGTON, Nov 9 (Reuters) - US Assistant Attorney General Brett Shumate, head of the Justice Department's civil division, has resigned, Attorney General Todd Blanche announced on Monday in a post on X.
ReutersReuters
Wall St jumps as oil slide cools inflation worries; Nvidia slumps

Wall St jumps as oil slide cools inflation worries; Nvidia slumps

By Chuck Mikolajczak and Niket Nishant NEW YORK, Nov 9 (Reuters) - US stocks rallied on Monday, as a drop in oil prices tempered inflation fears and helped the S&P 500 rebound from its biggest weekly drop since April 2025, and tech shares jumped even as AI heavyweight Nvidia slumped with controversy
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US stocks rally and recover more of last week's losses as oil prices swing lower

US stocks rally and recover more of last week's losses as oil prices swing lower

The U.S. stock market is rallying and clawing back more of its big loss from last week as oil prices swing lower
AP NewsAP News
US stocks rally as crude oil prices drop, even as Nvidia sinks

US stocks rally as crude oil prices drop, even as Nvidia sinks

The U.S. stock market is rallying and clawing back more of its big loss from last week as oil prices swing lower
USA TodayUSA Today
'Hit the ground running.' Democrats plan numerous investigations of Trump

'Hit the ground running.' Democrats plan numerous investigations of Trump

Democrats plan widespread congressional investigations of Trump on subjects including the Iran war, tariffs, immigration and pet construction projects
ReutersReuters
US consumer prices rise briskly for third straight month

US consumer prices rise briskly for third straight month

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices increased more than expected in October amid higher costs for food and accommodation, cementing expectations that the Federal Reserve will raise interest rates next month.
ReutersReuters
Oil prices hit two-month lows as US downplays further Iran strikes

Oil prices hit two-month lows as US downplays further Iran strikes

By Scott DiSavino NEW YORK, Nov 10 (Reuters) - Oil prices slid about 2% to fresh two-month lows on Tuesday after US officials downplayed the need for additional military action against Iran, easing fears of additional Middle East supply disruptions.
ReutersReuters
Wall St executives should prepare for oversight under Senator Elizabeth Warren, aide says

Wall St executives should prepare for oversight under Senator Elizabeth Warren, aide says

WASHINGTON, Nov 9 (Reuters) - Wall Street executives and major corporations "should preserve their documents and prepare to answer tough questions" as US Democratic Senator Elizabeth Warren prepares to take over as chair of the Senate Banking Committee next year, a Warren banking committee aide said
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US stocks rally and claw back more of last week's losses as oil prices swing lower

US stocks rally and claw back more of last week's losses as oil prices swing lower

The U.S. stock market rallied to its best day since April and clawed back more of its big loss from last week as oil prices swing lower
ReutersReuters
Morning Bid: War is over?

Morning Bid: War is over?

By Mike Dolan Nov 10 (Reuters) - While Nvidia and its troubled CEO Jensen Huang had a tough Monday, Wall Street stormed higher, led largely by recently battered chip stocks and cosseted by a tumbling oil price.