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PropMarketCapFRESHExchanges and infrastructure

Goldman Sachs and Citigroup gave $270 million to the Faro bank stablecoin - launch in 2027

A group of major banks invested about $270 million in the Faro project - the issuance of its own stablecoin (a coin with an exchange rate pegged to the dollar). The money will cover five years of operation for the issuing company, and the coin's launch itself is stated for the first half of 2027.

PropMarketCapFRESHCurrencies, commodities and indices

S&P 500 rose 2.35% for the day, VIX plunged 5.72 points

US stocks recovered almost the entire post-midterm Congress selloff: the S&P 500 posted its best day since April, while the Nasdaq gained 5% over two sessions.

PropMarketCapCurrencies, commodities and indices

Alphabet -10% after earnings: Nasdaq 100 futures fall 1.2%

Alphabet (Google's parent company) shares plunged almost 10% in after-hours trading following its quarterly report. On the morning of October 29, this dragged Nasdaq 100 futures down to 29,620 points.

PropMarketCapCurrencies, commodities and indices

Brent above $113, WTI near $99: oil price at a five-month high

On Thursday Brent rose 2.6% to $111.66 per barrel - a five-month high, and in the evening Moscow time quotes went above $113. The rally was driven by Houthi attacks on Saudi infrastructure and expectations of a new military escalation around Iran.

PropMarketCapCurrencies, commodities and indices

China has entered a bear market: CSI 300 is 20% below its June peak

On Thursday, October 22, Asian markets crashed: China's CSI 300 index lost 2% during the session and fell 20% from its June high. A 20% drop from the peak is the formal definition of a bear market.