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Stock futures rise slightly as Wall Street readies for presidential election: Live updates​

Stock futures rose slightly Tuesday ahead of a high-stakes U.S. presidential election.

Futures tied to the Dow Jones Industrial Average added 55 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures gained 0.2% and 0.3%, respectively.

The latest poll from NBC News suggests the race is “neck and neck” between former President Donald Trump and Vice President Kamala Harris. Close attention also remains on which party dominates Congress, given that a sweep by Republicans or Democrats could contribute to drastic spending changes or a big revamp of tax policy. (Follow CNBC’s 2024 election live blog here.)

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The Bab el-Mandeb: The World's Most Contested Chokepoint​

Nov 5, 2024 #supplychain #shipping #houthis

In this episode, Sal Mercogliano - a maritime historian at Campbell University (@campbelledu), and former merchant mariner - discusses the latest issues regarding the diversion of global shipping around Africa and avoiding the Bab el-Mandeb.

1️⃣ IMO Chief Calls for "Urgent" Action in the Red Sea
2️⃣ Houthi Expands Targets to ex-Israeli ships
3️⃣Container Lines Record Profits from Diversions
4️⃣Egypt Losses $6B in Suez Canal revenue
5️⃣ Russia Aids in Targeting Ships & Houthis Accepting Pay offs for Free Passage


24:35

- Red Sea Crisis: IMO Chief Calls for Urgent Action as Houthi Attacks Threaten Global Shipping https://gcaptain.com/red-sea-crisis-i...
- Houthis Say They Will Not End Red Sea Blockade https://gcaptain.com/houthis-say-they...
- Houthi Forces Threaten to Target Ex-Israeli Ships, Even After Resale https://www.maritime-executive.com/ar...
- Maersk Rides Wave of Strong Demand and Red Sea Disruptions https://gcaptain.com/maersk-rides-wav...
- Red Sea Is Now So Dangerous Even NATO Warships Are Avoiding It https://gcaptain.com/red-sea-is-now-s...
- Egypt reveals $6bn revenue hit as Houthis vow to up campaign against shipping https://splash247.com/egypt-reveals-6...
- Russia Provided Targeting Data for Houthi Assault on Global Shipping https://www.wsj.com/world/russia-prov...
- Houthi Bribe Allegations Rock Shipping Market https://gcaptain.com/houthi-bribe-all...
- Houthi threat to shipping growing thanks to ‘unprecedented’ network of support https://www.lloydslist.com/LL1151228/...
 

Stock futures rise slightly Tuesday evening as traders monitor election results: Live updates​

Stock futures rose slightly in early trading Tuesday evening as investors brace for a long night amid a contentious U.S. presidential race that will have big ramifications for the markets and economy.

Futures on the Dow Jones Industrial Average added 59 points. S&P 500 futures climbed 0.1% and Nasdaq 100 futures edged higher.

Americans cast their votes across the country in the tight race between former President Donald Trump and Vice President Kamala Harris. The first polling places will close Tuesday at 6 p.m. ET in parts of Kentucky and Indiana. (Follow CNBC’s 2024 election live blog here.)

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Basic Materials Roundup: Market Talk​

The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

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Dow futures surge 1,100 points as Trump closes in on presidential election win: Live updates​

Stocks were poised for a booming rally Wednesday as Donald Trump neared a win in the U.S. presidential election.

Futures on the Dow Jones Industrial Average soared 1,133 points, or about 2.7%. S&P 500 futures gained 2.4% and Nasdaq 100 futures climbed 1.8%. The last time the blue-chip Dow jumped more than 1,000 points in a single day was in November 2022.

NBC News projected that Trump had won 266 electoral college votes, including the swing states of Pennsylvania, North Carolina and Georgia, four electoral votes away from a projected win. The projected victory in key battleground state Pennsylvania marked a major step for Trump to clinch the White House. Wisconsin and Michigan are still too close to call. Follow CNBC’s 2024 election live blog here.

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Republican Victory’s Impact on Scrap Metal: What’s Next for Copper & Steel?​

📈 Check Scrap Prices: https://iScrapApp.com/ - With the recent Republican win, changes are expected across key sectors that influence the scrap metal industry. Here’s what a new administration could mean for copper, aluminum, steel, and more in 2024. Get ready for insights on shifting demand and evolving policies:

7:15

👉 Read more: https://iscrapapp.com/blog/weekly-scr...
 

Closing Markets: 11-6-24 Grain & Livestock Futures Shake Off Election, Tariff Fears & Soaring Dollar​


Nov 6, 2024 Markets Now with Michelle Rook

Darren Frye, Water Street Solutions, says it was an impressive that grains, especially the soybean complex, shook off the election results, possible tariff hikes and a sharply higher dollar.


9:16
 

Dow soars 1,500 points to record high in best day since 2022 after Trump election win: Live updates​

Stocks rallied sharply on Wednesday, with major benchmarks hitting record highs, as Donald Trump won the 2024 presidential election.

The Dow Jones Industrial Average surged 1,508.05 points, or 3.57%, to a record close of 43,729.93. The last time the blue-chip Dow jumped more than 1,000 points in a single day was in November 2022.

The S&P 500 also hit an all-time high, popping 2.53% to 5,929.04. The Nasdaq Composite climbed 2.95% to a record of its own of 18,983.47.

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