Tesla rallying, deep fake pentagon explosion causes brief panic, mixed markets as debt ceiling talks continue, should we brace for more rate hikes across the board? Keep up to date with markets.com.

European stocks were choppy and likely set for a volatile finish to the week as EU leaders gather in Brussels for a key summit, with market participants squarely focused on whether the EU can agree to a broad recovery fund as part of the talks over the bloc’s budget for 2021-27.

The financial market will face a challenging scenario at the beginning of 2025, with important economic indicators and technical movements being closely monitored by global investors.

The dollar extended its decline on Monday, reaching a more than two-month low as traders solidified their belief that U.S. interest rates have peaked and shifted focus to potential rate cuts by the Federal Reserve (Fed).

On the morning of November 11, crude oil prices dropped during mid-morning trading in Asia, as markets continued to react to China's disappointing stimulus package unveiled late on November 8. The package, which failed to ignite confidence in the country's struggling economy, dampened expectations for stronger demand from the world's largest crude oil importer.