Bond traders have a long weekend ahead of them. Stock traders? Not so much. Bond market will close on Monday in observance of Veterans Day. Wall Street, however, will be open on Monday, with the stock market open for a regular session. The stock market will also close early on the day after Thanksgiving and Christmas Eve, while bond markets will close early on those same days and New Year's Eve.
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European clean energy stocks plummeted after Donald Trump's presidential win, with shares of Ørsted, Vestas, and Nordex declining 14%, 11%, and 7.6%, respectively, due to concerns over Trump's promises to halt offshore wind projects and roll back climate regulations. European utilities face uncertainty in the US renewables market, a crucial growth area.
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New vehicle sales in Japan increased by just over 1% to 402,310 units in October 2024 from 397,672 units a year earlier, according to registration data released by the Japan Automobile Manufacturers Association (JAMA). The domestic market has begun to stabilise after a prolonged period of production stoppages at Toyota Motor Corporation, following the safety-test rigging scandal.
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