WSJ Markets

Nvidia Leadership Scandal Drags on U.S. Stock Futures, Pressures AI Trade

Nvidia dragged futures for major U.S. indexes lower, putting the brakes on a rally in AI stocks and weighing Asian equities.

Oil Prices Fall as Investors Weigh U.S.-Iran Diplomacy

Oil prices fell as investors weighed the prospects for renewed U.S.-Iran talks against Tehran’s conditions for reopening the Strait of Hormuz and continuing threats to regional shipping.

Treasury Yields Rise as Fed Rate Hike Expectations Remain Strong

Nvidia’s Leadership Crisis Weighs on Asian Markets

Equities were broadly lower in Asia, despite some support for Chinese stocks on bets that domestic suppliers could gain market share at Nvidia’s expense.

JGB Yields Fall as Hopes for Accelerated BOJ Tightening Eases

Japanese government bond yields were lower as expectations for the Bank of Japan’s fast-paced rate increases ease.

Yen Hitting 160 to Dollar Again Won’t Be Surprising

With markets pricing more than 25 basis points of Fed tightening by the year-end, the yen hitting 160 against the dollar again wouldn’t be surprising, said State Street Investment Management.

Oil Resumes Decline as Risk Premium Fades

Oil prices resumed their descent in early Asian trade after gaining moderately overnight as traders continue to weigh the prospects of a resolution in the Middle East.

Nvidia’s Disappearing Singapore Sales Deepen Mystery Around Megaspeed

Last year, just as scrutiny of Megaspeed was rising, Nvidia stopped reporting Singapore revenue.

Gold Dims Amid Rising Fed Rate-Hike Expectations

Gold prices edged lower in early Asian trade as Fed rate-hike bets dim the appeal of the non-interest-bearing metal

Nikkei Falls 0.2%, Dragged by Electronics Stocks

Japan’s Nikkei Stock Average was down 0.2% as declines in electronics makers offset gains in chemical companies and trading houses.

Investors Run Back to AI Stocks, Less Than a Week After a Historic Selloff

CoreWeave, an AI data-center operator, delivered strong results late Tuesday. Tech stocks roared back the next morning.

U.S. Stocks Rise as CoreWeave Update Eases Some AI Worries

Stocks rose after CoreWeave’s earnings update quelled worries that artificial-intelligence profits would not come soon enough to cover infrastructure debt burdens.

NYSE Affiliate to Launch 24/7 Tokenized Stock Trading This Month

Eligible U.S. customers will be able to trade tokenized versions of more than 70 assets starting on Nov. 23, said International Exchange and OKX’s joint venture OKXICE.

Dollar Rises to 19-Month High on Fed Rate-Hike Bets

The dollar strengthened against rival currencies as markets increasingly bet on the possibility of more aggressive interest-rate hikes by the Federal Reserve.

OPEC’s Oil Production Nears Prewar Levels on Saudi Rebound

OPEC members boosted crude output toward prewar levels in October as alternative pipelines and other workarounds became a vital lifeline.

European TTF Gas Rises as Storage Withdrawals Accelerate

Europe’s natural gas prices climbed back above €85 a megawatt-hour as concerns mounted over the region’s accelerating storage withdrawals.

CoreWeave Finds a Workaround to Capital Constraints—for Now

The company’s ambitious plans will still require cooperation from capital markets.

Nasdaq Futures Rally as AI Optimism Returns

Nasdaq futures led stock futures higher as rebounding artificial-intelligence sentiment helped markets recover from a revival of Federal Reserve rate-hike concerns Tuesday.

Oil Prices Rebound as Middle East Supply Risks Persist

Oil prices rose, with Brent crude recovering above $92 a barrel after a sharp selloff, as renewed strikes in the region tempered expectations of a diplomatic resolution to the U.S.-Iran conflict.

Yen Slumps to Over One-Month Low on Fed Hike Bets

The yen weakened to the lowest level in more than a month against the dollar on Wednesday, after stronger-than-expected U.S. inflation data raised expectations for Federal Reserve interest-rate hikes.