Last updated: 21:25 10 Nov 2026 GMT, First published: 11:57 10 Nov 2026 GMT
4:20pm: Down day
US stocks ended lower on Tuesday after hotter-than-expected October inflation data strengthened expectations that the Federal Reserve may need to raise interest rates again.
The Dow Jones Industrial Average fell 158 points, or 0.3%, to 52,232, while the S&P 500 shed 29 points, or 0.4%, to 7,521. The Nasdaq Composite was down 187 points, or 0.7%, at 25,066.
The latest Consumer Price Index report showed headline inflation rising 0.4% month over month in October, while core inflation increased 0.3%. The figures added to concerns that price pressures remain persistent, potentially forcing the Fed to maintain a tighter monetary policy or resume rate increases.
Bond markets reflected the shift in expectations, with the yield on the 10-year US Treasury note climbing towards the 5% threshold as investors reassessed the interest rate outlook.
Attention now turns to corporate earnings, with AI cloud infrastructure provider CoreWeave scheduled to report its latest results after the closing bell.
3:40pm: Small cap wrap
- Dune Oil Corp (CSE:DUNE, OTCQB:DUNXF, FRA:Z620) has awarded a contract for a 45-kilometre 2D seismic survey across its M47 block in southeastern Türkiye to better define potential oil-bearing structures.
- Millennial Potash Corp (TSX-V:MLP, OTCQB:MLPNF, FRA:XOD) reported about 132 metres of cumulative potash mineralization in drillhole BA-007 at its Banio project in Gabon, one of the thickest intersections recorded at the property.
- Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF, FRA:8SR) has identified a 1,200-metre-long exploration target at its East Goldfield property in Nevada following a geophysical survey that outlined a large zone potentially associated with gold mineralization.
- Lucid Group Inc (NASDAQ:LCID) shares rose 10% after the electric-vehicle maker secured a $1.75 billion expansion of its credit line with Saudi Arabia's Public Investment Fund.
- Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) has cleared a permitting milestone at its Angel Island project in Nevada after the US Bureau of Land Management deemed its mine plan and reclamation permit application complete.
- Trust Stamp Inc (NASDAQ:IDAI, ISE:AIID) has launched Knowing Consent, a product designed to verify that bank customers knowingly approve transactions initiated on their behalf by AI agents.
- Liberty Star Uranium & Metals Corp. (OTCQB:LBSR) has received Arizona regulatory approval for surface exploration at its Red Rock Canyon gold project, where previous sampling returned grades of up to 107.5 grams per tonne.
- BioVie Inc (NASDAQ:BIVI, NASDAQ:BIVIW) will present additional Phase 2 trial data on its experimental Parkinson's disease treatment bezisterim in two oral presentations at the AD/PD 2027 conference in Barcelona.
- Gunnison Copper Corp (TSX:GCU, NYSE-A:GUNN, FRA:3XS0) has intersected high-grade copper, zinc and silver mineralization at its Strong & Harris deposit in Arizona, including 40 feet grading 5.15% copper, 11.99% zinc and 16.38 grams per tonne silver.
- Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) has increased its private placement to up to C$3 million following strong demand, offering up to 37.5 million flow-through units at C$0.08 each.
- HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) reported contracted GPU cloud annualized run-rate revenue of about $185 million, with second-quarter revenue rising 7.3% sequentially to $84.9 million.
2:30pm: Market movers
- Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) faces a new investment overhang from foreign-intelligence allegations, with Bank of America highlighting governance and policy uncertainty but no evidence of business damage or compromised company secrets.
- AST SpaceMobile Inc (NASDAQ:ASTS) expects to begin intermittent nationwide satellite-to-mobile broadband service in the US and other key markets before the end of 2026, following a near-tripling of third-quarter revenue.
- Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF, FRA:8SR) has identified a 1,200-metre-long exploration target at its East Goldfield property in Nevada following a geophysical survey that outlined a large zone potentially associated with gold mineralization.
- Lucid Group Inc (NASDAQ:LCID) shares rose 10% after the electric-vehicle maker secured a $1.75 billion expansion of its credit line with Saudi Arabia's Public Investment Fund, easing concerns about its funding position.
- Millennial Potash Corp (TSX-V:MLP, OTCQB:MLPNF, FRA:XOD) reported about 132 metres of cumulative potash mineralization in drillhole BA-007 at its Banio project in Gabon, one of the thickest intersections recorded at the property.
- Dune Oil Corp (CSE:DUNE, OTCQB:DUNXF, FRA:Z620) has awarded a contract for a 45-kilometre 2D seismic survey across its M47 block in southeastern Türkiye to better define potential oil-bearing structures.
- Take-Two Interactive Software Inc (NASDAQ:TTWO) maintained its fiscal 2027 net bookings forecast of $8 billion to $8.2 billion as it prepares for the November 19 launch of Grand Theft Auto VI, despite lower second-quarter bookings.
- Trust Stamp Inc (NASDAQ:IDAI, ISE:AIID) has launched Knowing Consent, a product designed to verify that bank customers knowingly approve transactions initiated on their behalf by AI agents.
1:30pm: Anthropic IPO gets closer
Anthropic (Unlisted (US):ANTHRO), the artificial intelligence developer behind Claude, is seeking a valuation of up to $1.4 trillion in an initial public offering (IPO) that could give it substantial new funding for its expanding computing infrastructure.
The company has set a price range of $70 to $78 for 825 million shares, which could raise as much as $64.35 billion at the top of the range.
Wedbush views the proposed valuation as below the $2 trillion level previously reported as an ambition, but better than some investors had feared.
The broker sees public-market access as particularly positive for its hardware coverage because Anthropic will have another source of equity capital to finance substantial data-centre and computing commitments.
12:20pm: FTSE loses steam
The FTSE 100 lost some gas in the latter part of the trading day, finishing at 10,752 points for a 0.3% loss on the day.
"Global equity sentiment turned distinctly sour following hotter-than-expected consumer price inflation readings from the U.S., compounded by hawkish commentary from Federal Reserve officials that rekindled expectations of prolonged policy tightening," commented Patrick Munnelly, partner at Tickmill Group.
"A resulting spike in sovereign bond yields and a rally in the U.S. dollar added heavy pressure to risk assets across European trading."
11:00am ET: Fed rate outlook darkens
Deutsche Bank has brought forward its expectations for Federal Reserve rate increases, adding a January hike to its forecast after another hotter-than-expected inflation reading in October.
The bank now expects the Fed to raise interest rates by 25 basis points at each of its next three meetings in December, January and March, taking the federal funds rate to a range of 4.5% to 4.75%.
It has also raised its estimate of the longer-term neutral interest rate to 3.75% to 4%, where it expects rates to settle by the end of 2028.
Jeffrey Roach, chief economist at LPL Financial, said inflation pressures were not solely attributable to the conflict in the Middle East, with some reflecting supply constraints and others driven by demand.
He expects the Fed to raise rates in December to cool demand-driven inflation, although he noted that rent inflation has remained relatively stable at between 2.7% and 2.9% for the past 10 months.
10:00 am ET: Wall Street opens low
Wall Street's main indexes opened lower on Tuesday after stronger-than-expected US inflation data threatened to derail a two-day recovery in technology shares and revive last week's market sell-off.
The Dow Jones Industrial Average fell 226.5p, or 0.43%, to 52,163.21 at the opening bell, while the S&P 500 dropped 36.8p, or 0.49%, to 7,513.09.
The Nasdaq Composite declined 205.7p, or 0.81%, to 25,047.45.
US inflation remained persistent in October, with consumer prices increasing 0.4%, following a 0.6% rise in September, according to figures released by the Bureau of Labor Statistics on Tuesday. The rise was above economists' expectations of 0.3%.
In addition to the CPI increase, Federal Reserve governor Christopher Waller said he would support a 25-basis-point interest-rate increase in December even if inflation eased in October.
Technology stocks were under pressure on Tuesday, with Nvidia down in the first few minutes after open, while CoreWeave bucked the trend with a modest gain.
Nvidia fell 4.12% to $171.31, extending its decline amid continuing scrutiny of chief executive Jensen Huang and concerns about the AI sector.
CoreWeave edged up 0.69% to $49.32, showing relative resilience among AI infrastructure stocks ahead of its quarterly results.
Intel slipped 1.11% to $58.71, adding to weakness across semiconductor shares.
London shares remained higher late on Tuesday, although the FTSE 100's advance narrowed as trading progressed, while mid-cap stocks continued to outperform.
The FTSE 100 edged up 10.24p, or 0.09%, to 10,793.11, while the FTSE 250 gained 104.11p, or 0.42%, to 24,810.45.
9:00 am ET: Best of the brokers
Kainos Group PLC (LSE:KNOS) (LSE: KNOS) reported first-half revenue and profit ahead of Deutsche Bank’s forecasts. The broker maintained a 'hold' rating with a 1,260p target price.
Funding Circle Holdings PLC (LSE:FCH) (LSE: FCH) upgraded full-year profit guidance again. Cavendish reiterated its 'buy' rating and 275p target price.
4imprint Group Plc (AQSE:FOUR) (AQSE: FOUR) saw revenue growth accelerate to 2% in the first 10 months of the year, up from 1% in the first half. Peel Hunt maintained its 'buy' rating and increased its 2026 revenue and EPS forecasts by 1%, with margins unchanged.
Cambridge Nutritional Sciences (CNSL) had its revenue forecast reduced by Cavendish, but the broker retained its 'buy' rating and 3.0p target price, citing margin resilience and cost savings.
Travis Perkins (LSE:TPK) (LSE: TPK) is expected by Peel Hunt to benefit from its proposed Toolstation Europe exit, supporting an increase in FY26 profit consensus, though the broker anticipates a modest downgrade to FY27 forecasts. Peel Hunt maintains a 'buy' rating and 780p target price.
Retail and financial stocks led by M&S and Lion Finance led FTSE 100 gains on Tuesday, while Investec and Barclays also advanced.
On the other hand, Shell and BP fell as Brent crude slipped below $90 a barrel, amid easing concerns about further US military action against Iran.
Mining shares, too, were under pressure: Endeavour Mining, Fresnillo and Glencore declined, contrasting with their strong performance in the previous session.
Overall, the FTSE 100's advance was supported by financials, retailers and selected industrial stocks.
M&S was the strongest riser, climbing 4.02% to 455.2p, followed by Lion Finance Group, up 3.31% to 13,720p, and Computacenter, which gained 2.72% to 4,752p.
Among the other risers, Investec gained 2.37% to 648p, Auto Trader rose 2.33% to 570.6p and Next advanced 2.29% to 15,885p.
Shell dropped 2.47% to 3,609.5p and BP was down 2.05% to 545.3p.
Endeavour Mining fell 1.24% to 4,231p, Fresnillo declined 1.21% to 2,606p and Glencore shed 1.15% to 509.5p. Rio Tinto slipped 0.44% to 6,388p.
At 1:55 pm GMT, the FTSE 100 appeared to have surrendered some of its earlier gains, although it remains in positive territory.
The index is now at 10,817.75, up 34.88p, or 0.32%.
Meanwhile, US inflation remained elevated in October, with consumer prices rising 0.4% after a 0.6% increase in September, according to data from the Bureau of Labor Statistics released on Tuesday.
Core inflation, which excludes volatile food and energy prices, increased 0.3% during the month, reinforcing concerns about persistent price pressures and the Federal Reserve's interest-rate outlook.
US stock futures fell across the board on Tuesday, with technology shares leading losses after US inflation came in higher than economists had expected, raising concerns about the Federal Reserve's interest-rate outlook.
The Nasdaq E-mini futures contract dropped 1.37%, while S&P 500 futures fell 0.75%, indicating renewed pressure on technology and growth stocks.
Russell 2000 futures declined 0.94%, while Dow futures were down 0.16%.
8:00 am ET: Wall Street cautious
US stock futures trend at this moment indicate a mixed and cautious start for Wall Street, with investors showing less appetite for technology stocks than for traditional blue-chip companies.
Nasdaq 100 futures had fallen 108p, or 0.3%, while S&P 500 futures were down 0.01% and Dow futures had edged up 142p, or 0.2%.
Investors may look away from technology stocks at more traditional blue-chip shares.
Earnings from technology companies, including CoreWeave, will test investor confidence in AI as concerns grow over the cost of infrastructure investment and its potential returns.
Anthropic's planned IPO, which could raise up to $64.4 billion, will provide a key test of public-market appetite for frontier AI companies and their valuations.
Anthropic's plans for an IPO were disclosed in a regulatory filing on Tuesday, setting up a major test of investor appetite for AI amid growing concerns about the sector's risks, reports Reuters.
Nvidia remains in focus after reports of an FBI investigation into chief executive Jensen Huang's alleged links to a Chinese businesswoman suspected of spying for Beijing, while the company's board is separately examining whether he was targeted by a foreign intelligence operation.
Nvidia slipped 1.03% in premarket trading to $176.83, extending its weakness, although the decline was relatively modest compared with Monday's fall.
The US dollar was trading marginally higher against both sterling and the euro on Tuesday, reflecting a modest recovery ahead of US inflation data.
The dollar rose 0.09% to £0.7447 against the Sterling. It gained 0.04% to €0.8913 agains the Euro.
The dollar's modest advance followed hawkish comments from Federal Reserve governor Christopher Waller, who backed an interest-rate increase next month
Government bond yields showed a mixed picture on Tuesday, with US Treasury yields edging higher while UK gilt yields declined.
US 10-year Treasury yield was up 0.020 percentage points, or 2 basis points, to 4.880%. The UK 10-year gilt yield fell 0.016 percentage points, or 1.6 basis points, to 5.115%.
The rise in US yields suggests investors were cautious ahead of October's inflation data, with a stronger reading potentially reinforcing expectations of higher interest rates.
London and European markets were trading higher on Tuesday noon, as falling oil prices and easing concerns over a further escalation of the US-Iran conflict lifted investor sentiment.
The FTSE 100 rose 55.09 p, or 0.51%, to 10,837.96, while the FTSE 250 advanced 171.92 p, or 0.70%, to 24,878.26.
12 noon GMT: London, Europe markets up
London and European markets were trading higher on Tuesday morning, as falling oil prices and easing concerns over a further escalation of the US-Iran conflict lifted investor sentiment.
At 11:40 am GMT, Germany's DAX was leading the gains, rising 1.29% to 26,604.89.
France's CAC 40 advanced 1.12% to 8,325.30, while the Stoxx 600 gained 0.86% to 662.15, pointing to a strong rally across the region.
London's FTSE 100 was more subdued, adding 0.45%, or 48.70p, to 10,831.57, lagging its major European peers.
Airlines benefited from lower fuel costs, while oil stocks came under pressure.
Vodafone shares edge lower despite upgraded guidance as German weakness and further job cuts weigh on sentiment.
Vodafone cut 3,000 jobs across its UK and European operations in the first half of the year as part of a cost-reduction programme that delivered €200 million in savings.
The group has also announced plans to cut a further 2,300 jobs in Germany as it seeks to improve performance, while targeting more than €2 billion in annual savings across European and shared operations by 2030.
Vodafone shares are down 0.73%, or 0.85p, to 116.1p at about midday Tuesday.
Nasdaq 100 futures fell early on Tuesday as investors weighed fresh developments surrounding Nvidia chief executive Jensen Huang and reports on Anthropic's planned initial public offering.
Markets are also bracing for US inflation data later in the day, which could influence trading through the rest of the week, with a stronger-than-expected reading potentially undermining the recent recovery in equities.
Prices could extend their decline after Brent crude fell about 20% from its late-October peak, as hopes of an end to hostilities between the US and Iran improved, Reuters reported on Tuesday.
Brent crude futures slipped below $90 a barrel briefly for the first time since August. Technical indicators suggest the latest fall could continue.
11:00 am GMT: Small-cap round up
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) has gained a new partner in Namibia’s offshore Walvis Basin after QatarEnergy agreed to acquire a 25% stake in the PEL 82 exploration licence from Chevron.
Chevron will remain the operator, with its interest falling to 55% from 80%.
Frontier IP Group PLC (LSE:FIPP, FRA:8WT) said its portfolio company The Vaccine Group and the UK’s Animal and Plant Health Agency (APHA) have secured £500,000 to test whether a single vaccination can protect calves against bovine respiratory syncytial virus (BRSV).
Zanaga Iron Ore Co Ltd (AIM:ZIOC, FRA:6ZA) said it is seeking a financial adviser to assess funding options for its iron ore project in the Republic of Congo, after concluding that Red Arc Minerals was unlikely to complete its proposed equity investment by 30 November.
10.00 am GMT: Lion Finance leads the pack
Lion Finance Group led the FTSE 100 at 10.00am GMT, rising 3.6% to 13,760p, as the sharp fall in crude oil prices improved the economic backdrop for energy-importing Georgia.
Brent crude dropped towards US$90 a barrel, easing concerns around energy-driven inflation and potentially reducing pressure on Georgian interest rates.
The move is particularly relevant after Lion Finance said in last week’s third-quarter update that elevated inflation in Georgia had been driven primarily by higher energy prices.
Recent strong third-quarter trading and continued shareholder returns also provided support.
The FTSE 100 was up 29 points, or 0.3%, at 10,812.
9.15 am GMT: Footsie pares early gains
The FTSE 100 pared its stronger opening gains to trade 34 points, or 0.3%, higher at 10,816 by 9.15 am GMT, having earlier reached 10,869.
Financial stocks remained among the strongest performers, with Lion Finance Group up 3.5%, Prudential 3.1%, Standard Chartered 2.3% and Barclays 2.3%, while Rolls-Royce gained 2.7%.
BP fell 1.8%, and Shell lost 1.7%, helping pull the blue-chip index back from its morning high, while Sage dropped 1.4% and Vodafone slipped 1%.
The FTSE 250 remained firmer, up 0.5% at 24,840, with Funding Circle soaring 12.3% after upgrading its FY26 guidance.
Avon Technologies led the mid-cap fallers, down 5.8% despite reporting strong full-year profit growth.
8.15 am GMT: FTSE jumps on open
The FTSE 100 jumped 78 points, or 0.7%, to 10,861 shortly after Tuesday’s open, extending Monday’s rebound as improving global risk appetite lifted equities.
The FTSE 250 was also up 182 points, or 0.7%, at 24,888, pointing to broad strength across the London market.
Rolls-Royce led the blue-chip risers with a 2.9% gain, while Lion Finance Group climbed 2.5%.
Banks were prominent, with Barclays and Standard Chartered both up 2.4%, while Prudential gained 2.2% and Melrose Industries added 2.3%.
The firmer opening followed another recovery across Asian technology markets and overnight gains on Wall Street, while falling oil prices continued to ease near-term inflation concerns.
7.00 am GMT: Footsie set to extend Monday’s rally
The FTSE 100 is set to extend Monday’s rally, with pre-market indications around 10,846, roughly 63 points or 0.6% above Monday’s 10,783 close.
Wall Street surged overnight, with the S&P 500 up 2.3%, Nasdaq 2.7% and Dow 2.2%, as falling oil prices and renewed appetite for technology stocks boosted sentiment.
Australia joined the rally, with the S&P/ASX 200 closing 1.1% higher at around 9,129, supported by broad gains across mining and technology stocks - a 11-week high
Elsewhere in Asia, Japan’s Nikkei gained almost 3% to above 60,000, and South Korea’s KOSPI jumped around 4%, while Hong Kong and mainland China posted more modest gains.
Brent crude fell towards US$92 a barrel, easing inflation concerns, while gold held above US$4,100 an ounce.
London investors will now look to the stronger global risk backdrop and the latest round of UK corporate updates.
