We bring you the latest news that has become a hot topic in the market. Below are 5 news items to keep in mind as you start your day.
Welcome to voting day
Voting day has come for this presidential election, which was the closest race in US history. Democratic Vice-Presidential candidate Harris made a last-ditch effort to win over black voters, while Republican candidate Trump said there had been no violence by his own supporters. At least 83 million people have already voted early, raising concerns across the country about the election result and when it will be known. Voting appears to be going smoothly so far, except for reports of long lines at polling stations in the battleground state of Pennsylvania.
Big profit or loss?
The day of battle has arrived on Wall Street. Until recently, the price guarantee markets were in a clear victory for Trump, who promised to cut taxes and raise taxes. On Wall Street, small-cap stocks were bought on expectations of a Trump victory, and speculation that inflation would fuel accelerated trading in anticipation of higher interest rates. Crypto assets (virtual currency) also rose. If Ms. Harris wins, because there is little uncertainty about the financial markets, the “Trump trade,” which predicts Mr. Trump’s victory, could theoretically be canceled.
The gap is not filled
Israeli Prime Minister Benjamin Netanyahu has replaced Defense Minister Gallant. The Prime Minister’s Office made the announcement on the evening of the 5th local time. It is said that this is because the long gap between the two parties has become unchanged. Mr Gallant has been pushing for the release of rangers in exchange for an end to fighting in the independent Palestinian territory of Gaza. Meanwhile, Prime Minister Benjamin Netanyahu has insisted that Israel must remain in Palestinian territory in order to completely destroy Hamas. Foreign Minister Katz was named the new defense minister.
Secure more than a third
It has been announced that the initial tender offer (TOB) for Fujisoft, which was led by the US investment fund KKR to the 5th, has been completed. This was revealed by several people familiar with the matter. KKR reportedly acquired more than a third of Fujisoft’s shares, with a total of 32.68% from major shareholders 3D Investment Partners and Farallon, who had a subscription agreement, and bids from minority shareholders.
The highest rate in two years
The October non-manufacturing index announced by the Institute for Supply Management (ISM) hit the highest level in about two years, exceeding market expectations. Employment growth was moderate. The employment index is at its highest level since August 2023. Along with low unemployment and limited contractions, job growth is expected to support consumer spending in the coming months. By industry, 14 industries expanded, mostly retail, information, and transportation/warehousing. There were two industries that experienced decline.
Other special news
Examining voting behavior of voters in seven battleground states in the US presidential election – different economic conditions are the main factor
Super Micro fears delisting and exclusion from S&P 500 due to audit issues
Goldman is planning the largest number of partner promotions under Solomon
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2024-11-05 21:02:00