News

The Nasdaq 100 index extended its gains to 2%, while the S&P 500 index rose 0.9%.

The U.S. Department of Defense has reached a framework agreement with BAE Systems to expand production of the combat-proven Advanced Precision Kill Weapon System (APKWS).

Iranian Islamic Revolutionary Guard Corps spokesman Mohbi stated that the United States can no longer even guarantee its automotive fuel supply. The US once justified its military presence in the Middle East by citing the security of energy transport and freedom of navigation, but Iran has robbed it of this capability. After decades of military presence in the region, the US has still failed to reopen the Strait of Hormuz, or even guarantee the passage of energy through a single shipping route. He stated that the US has historically used its economic advantage and the strength of the dollar as tools of pressure, but Iran's actions in this war have reversed the economic landscape. Now, the US cannot even guarantee its automotive fuel supply; its energy reserves have decreased from 415 million barrels to 263 million barrels, with 150 million barrels unavailable. The US also currently faces dependence on aluminum and semiconductor supplies.

U.S. President Donald Trump and First Lady Melania Trump signed an executive order during an event in the Rose Garden.

The Russian Ministry of Defense stated that Russian armed forces struck a cargo ship in the Black Sea that was carrying goods bound for the port of Odessa, with the cargo intended for the Ukrainian armed forces.

The Spanish IBEX 35 index fell 2.00% during the day.

Iranian Armed Forces Chief of Staff Abdullahhi: The United States is no longer the powerful country it claims to be; it has entered its twilight years.

Iranian Armed Forces Chief of Staff Abdollahhi: The United States is aging, and Trump's plans have failed.

According to the German newspaper Süddeutsche Zeitung, Volkswagen plans to freeze employee salaries until 2030.

Data shows that foreign investors net sold 330.5 billion Indian rupees worth of Indian stock derivatives on October 19.

Tesla (TSLA.O) rose more than 3%.

India's Ministry of Power held bilateral talks with Saudi Arabia.

According to the Financial Times, Saudi Arabia will postpone its in-person "Desert Davos" event following an attack by Houthi rebels.

The S&P 500 and Nasdaq Composite extended their gains, rising 0.7% and 1.4% respectively.

Argentina and the Japan Bank for International Cooperation (JBIC) renewed their Memorandum of Understanding on cooperation in the oil, gas and mining sectors, which was signed in 2018.

French government bonds fell further, with the 10-year yield rising 10 basis points to 4.91%.

Iranian Foreign Minister Araqchi: The facts are clear: US military bases have failed not only to protect host countries, but also to protect themselves. Iran welcomes any initiatives that contribute to the establishment of a regional autonomous security mechanism.

According to the Washington Post, the United States will extend the Temporary Protected Status (TPS) for approximately 100,000 Ukrainians.

The U.S. NAHB Housing Market Index for October came in at 29, a new low since 2012.

The US NAHB Housing Market Index for October was 29, below the expected 32 and the previous reading of 32.