Cointime reports: The US 30-year Treasury yield fell 0.81 basis points to 5.272% on November 5, extending a modest decline in long-dated government bond yields. The move reflects continued trading in the long end of the US sovereign curve.
Cointime reports: Support for a coalition led by former IDF Chief of Staff Gadi Eisenkot, head of the Integrity Party, has reached 67 Knesset seats among elected lawmakers, surpassing the 60-seat majority threshold, Israeli media reported on the 5th. The tally covers parties that have expressed backing for Eisenkot to form a government.
Cointime reports: Brent crude oil rose 3.00% intraday on the day, trading at $96.72 a barrel. The move marks a sharp single-session gain for the global oil benchmark, with the price quoted at $96.72 per barrel at the time of the update.
Cointime reports: Spot silver fell to $52 per ounce on the day, down 0.44% intraday. The move marked a pullback in the precious metal’s price as it touched the $52 level. No further details on the drivers of the decline were provided.
Cointime reports: Tesla shares fell more than 8% and SpaceX dropped nearly 6% on Nov. 5, extending the prior day’s losses, after Democrat Gina Hinojosa won the Texas governor’s race, defeating Republican Greg Abbott. Hinojosa, the state’s first Democratic governor in over 30 years, has pledged to halt new data center approvals and review tax breaks, raising concerns over Musk’s Texas business interests including SpaceX’s wastewater discharge permit and subsidies.
Cointime update: The Trump administration proposed rule changes on Nov. 5 aimed at simplifying the licensing process for commercial space launches and reentries. The proposal targets the regulatory approvals required for commercial spaceflight operators. No further details on the specific rule amendments were provided.
Cointime reports: The Nasdaq 100 extended its decline to 2.4%, with the semiconductor index dropping more than 5.8%. The tech-heavy gauge’s slide reflects a sharp selloff in chip stocks, which led losses among major US equity indexes.
Cointime reports: The Philadelphia Semiconductor Index dropped 5.00% to 9,754.75 points on November 5. Qualcomm fell 12.73% and AMD lost 8.30%, while Micron declined 5.50%, Broadcom 4.04%, Intel 4.24%, TSMC 4.38% and ASML 4.24%. Nvidia slipped 2.49% as chip stocks sold off broadly.
Cointime reports: Morgan Stanley said the US political shift is affecting Korean equities mainly through the AI investment climate rather than the election result itself, and that the KOSPI may hit a turning point in November. After Democrats won control of both chambers on Nov. 5, fears of tighter AI data-center regulation triggered a selloff in Korean stocks. The bank prefers financials, non-AI capex names and quality consumer stocks, while defense-sector pressure is largely priced in.
Cointime reports: US stocks opened mixed on November 5, with the Nasdaq down 0.69%, the S&P 500 down 0.11% and the Dow up 0.63%. Qualcomm fell more than 12% as its handset business stayed under pressure and its Q1 guidance missed expectations. Tesla dropped 3.5% and SpaceX fell more than 4% after Texas, the companies’ commercial home base, historically flipped blue.
Cointime reports: US Secretary of State Marco Rubio is widely expected to resign his post to pursue a future presidential campaign, following a heavy defeat for the Trump administration in the midterm elections. The prospect of his departure is being closely watched on both sides of the Atlantic, with the administration monitoring his movements. No formal announcement has been made.
Cointime update: Poland’s gold reserves rose to 700 tonnes in October from 672 tonnes the previous month, central bank governor Adam Glapiński said on November 5, an increase of 28 tonnes. Glapiński had previously said the bank’s goal was to raise reserves to 700 tonnes.
Cointime update: Federal Reserve’s Beth Hammack said on November 5 that monetary policy needs to move to a restrictive stance, noting inflation has been too high and is moving in the wrong direction. She said gradual rate hikes cause less disruption to the economy and financial system and that she favors frequent, small rate adjustments. Hammack also said Fed independence is essential to bringing inflation down to 2%.
Cointime update: Apple plans to raise up to $7 billion through a US dollar bond sale, the company said on Nov. 5. The debt issuance marks the iPhone maker’s latest move to tap investment-grade credit markets. No further terms of the offering, including pricing or maturity, were disclosed.
Cointime update: Goldman Sachs and Apollo Global Management are negotiating with Washington and Wall Street investors to begin selling shares in an approximately $40 billion chip-financing deal for SpaceX, dated Nov. 5. The structure is designed to keep the debt off SpaceX’s balance sheet, with investors asked to buy tranches of up to $500 million before a formal syndication process starts. The package would fund about $47.3 billion of Nvidia Rubin GPU equipment, delivering in the first half of 2027.
Cointime reports: US nonfarm business labor productivity rose at a 3.6% annualized rate in the third quarter, up from a revised 2.1% in the prior quarter and the fastest pace in a year, the Bureau of Labor Statistics said Thursday. Unit labor costs fell 0.7%, the first decline since the second quarter of 2025, as companies’ heavy spending on artificial intelligence, software and equipment begins to translate into higher output per worker.
Cointime update: President-elect Donald Trump said on November 5 that he has not spoken with Democratic leaders Chuck Schumer or Hakeem Jeffries since the election, but expressed openness to cooperation. “I think we can work together. If we can do that, it would be good for the country. America has had enough,” Trump said. He added that other Democrats have been calling him and that he has friends within the party.
Cointime reports: IG Group chief market analyst Chris Beauchamp said markets appear to be pricing in an end to the US-Iran war, with oil prices falling sharply, but further US strikes remain likely. He noted US troop levels in the region are roughly unchanged from February, and low US munitions stockpiles make a prolonged military campaign unlikely. Beauchamp said Trump wants an exit and Iran should avoid excessive taunting or demands.
Cointime reports: JPMorgan said in a research note dated Nov. 5 that major memory stocks have fallen about 45% from their 2026 highs and the Philadelphia Semiconductor Index is down roughly 29% from its recent peak. Despite concerns over AI financing, power bottlenecks and investment returns, the bank said DRAM and NAND supply-demand remains tight, long-term supply agreements are expanding in coverage, and industry fundamentals should stay strong through 2028. Earnings forecasts for memory companies are unlikely to be cut over the next six months.
Cointime reports: Russia’s Ryazan oil refinery was reportedly struck in a suspected attack. The refinery is one of the country’s largest and the reported incident follows a series of attacks on Russian energy infrastructure. No official confirmation or damage assessment was immediately available.