US ISM Services Prices (Oct) 73.0 (Prev. 74.0)

Newsquawk Staff · 4 Nov 2026, 15:20 UTC

What our morning note said

US Market Open, 4 Nov, 11:18 UTC · what it led with

Democrats are projected to have flipped both the House and Senate from the Republicans.
US President Trump said he will accept the election result and is prepared to work with Democrats, while stating that veto power is one of the strongest powers he has.

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Headlines that moved markets

Headlines from our feed, and what the market did next.

"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%
"Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.
WTI crude−3.6%
Qatari mediators expect feedback from the US and Iran within 36 hours on a new proposal to advance talks, according to an official briefed on the talks cited by Reuters.
WTI crude−1.6%

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