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Latest Trading News Today (November 2, 2025)
Today's trading markets are marked by US-China trade tensions, weakness in tech stocks, and new developments in crypto. Here are the key highlights:
1. Stock Market Recovery, but Pressure on Tech Sector
US stocks showed recovery after a week-long rally, particularly with gains in Amazon and Apple. Chip companies like Nvidia were affected by China’s restrictions, though increased AI spending is expected. Nvidia’s next report on November 19 will focus on China sales.
The Dow Jones closed at 47,522, while the S&P 500 and Nasdaq saw slight declines. Recent Fed statements have reduced expectations for rate cuts in 2025.
2. Progress in US-China Trade Talks
Hopes for a trade deal have risen following a recent meeting between Trump and leading to a positive market trend. This could boost AI and chip exports.
However, Fed rate policies and weaker earnings from Meta/Microsoft (down over 10%) have pulled tech indexes lower.
3. Crypto Trading Updates
Spot crypto ETFs are now trading on the NYSE, making crypto more accessible to mainstream trading. (From X post)
iFX EXPO Asia 2025 (October 26-28, Hong Kong) saw over 4,000 traders and fintech experts discussing a crypto bull run and new deals. (From X post)
Robinhood UK launched futures trading, offering lower fees and mobile tools for retail traders. Robinhood’s stock has risen 300% in 2025.
4. Other Key News
Opendoor (OPEN) stock rose 5.1% after the company shifted earnings to a "Financial Open House" format, going live on Robinhood on November 6.
The Hindenburg Omen signal was triggered, indicating an 83% chance of a 5-10% market correction. (From X post)
In India, MRF Ltd stock is trading at ₹1,57,515, making it the world’s most expensive stock. (From X post)
Markets remain volatile, especially due to trade tensions and earnings. Check CNBC or Reuters for more updates