Trade News Today — November 3, 2026
Trump is going to get 'trounced' in the midterms — and knows it, Anthony Scaramucci tells CNBC and more — today's trade signal.
Global markets are navigating a complex landscape of geopolitics and economic uncertainty. The ongoing tensions between the US and Iran have taken a new turn with reports of a US strike on Qeshm Island, which comes as US Secretary of State Antony Blinken expresses hope for a negotiated settlement with Tehran. Meanwhile, North Korea has denied any involvement in the recent Binance hack, which has left researchers tracing stolen billions.
The uncertainty is also being felt in the US, where former White House communications director Anthony Scaramucci has predicted that the Republicans will suffer significant losses in the upcoming midterm elections. This has contributed to a risk-off sentiment in markets, with the Nasdaq-100 tumbling into its third correction of the year amid growing worries about the prospects for artificial intelligence. However, some major investments in AI are still moving forward, including Brookfield's plans for a $27 billion AI data center at a UK power station.
Today's signal:
• Trump is going to get 'trounced' in the midterms — and knows it, Anthony Scaramucci tells CNBC (cnbc.com)
• Brookfield plans for a $27 billion AI data center at UK power station (cnbc.com)
• U.S. strikes Iran’s Qeshm Island as Vance hopes for ‘negotiated settlement’ with Tehran (cnbc.com)
• U.S. reportedly strikes Iran's Qeshm Island as Vance hopes for ‘negotiated settlement’ with Tehran (cnbc.com)
• North Korea denies links to Binance hack as researchers trace stolen billions (cnbc.com)
• Nasdaq-100 tumbles into its third correction this year as AI worries mount (marketwatch.com)