Stock market today: Dow, S&P 500, Nasdaq trade mixed as Fed rate meeting kicks off

^DJI ^GSPC ^IXIC

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  Natural state continues driblet to autumn beneath $4.80

  After a precipitous driblet connected Monday, futures connected earthy state (NG=F) continued to autumn Tuesday morning, shedding much than 3.2% successful what has go a coagulated downturn for the vigor commodity.

  Natural gas, which crossed $5 for the archetypal clip successful 3 years past week connected predictions of a acold wintertime and dense heating demand, on with grounds US exports of liquified earthy state (LNG), has spent the backmost fractional of the twelvemonth soaring upward, climbing much than 30% successful the past six months.

  But connected Monday, arsenic wintertime upwind predictions turned mild — and arsenic projected heating request hasn't yet emerged arsenic expected, particularly successful the benchmark-setting northeastern US portion — the vigor merchandise shed much than 7% successful its biggest single-day driblet since the extremity of June.

  The US has besides continued to nutrient earthy state astatine grounds monthly levels, filling home stores and adding to an already ample proviso connected the market.

  Futures connected planetary lipid benchmark Brent crude (BZ=F) and US benchmark West Texas Intermediate (WTI) crude (CL=F), which some shed astir 2% connected Monday, held conscionable beneath level Tuesday morning, down astir 0.1%.

• US stocks unfastened mixed, tech stocks down connected Tuesday

  The US banal marketplace opened with a mixed show connected Tuesday, arsenic investors awaited the commencement of the Federal Reserve's argumentation meeting, with immoderate convinced of a complaint chopped this week turning their absorption to the chances of further easing adjacent year.

  The Dow Jones Industrial Average (^DJI) gained astir 0.25%, portion the S&P 500 (^GSPC) held conscionable supra the level line, and the tech-heavy Nasdaq Composite (^IXIC) traded into the reddish by astir 0.4% earlier paring losses.

  DJI - Free Realtime Quote • USD

  47,874.80

  +135.48

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  As of 9:50:10 AM EST. Market Open.

  ^DJI ^GSPC ^IXIC

  In the tech sector, Nvidia opened the trading time down a spot implicit 0.8%, coming disconnected a tiny summation aft President Trump signed disconnected connected allowing the AI bellwether to resume immoderate shipments of H200 AI chips to China.

  In absorption connected Tuesday volition beryllium the Fed's two-day gathering and its last argumentation determination of the year, which markets volition get connected Wednesday. Traders are pricing successful likelihood of 89.4% of different quarter-point cut.

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  Nvidia dependable amid China commercialized news

  Nvidia (NVDA) shares traded astir level pursuing quality that the institution volition beryllium allowed to export its much almighty H200 GPUs to China.

  NasdaqGS - Nasdaq Real Time Price • USD

  As of 9:50:10 AM EST. Market Open.

  President Trump said successful a station connected Truth Social Monday that the US volition let Nvidia to vessel the AI chips to approved customers successful the state — yet different reversal from the administration's erstwhile attack to the US spot commercialized with China. The medication efficaciously banned income of Nvidia's less-powerful H20 chips successful a astonishment determination successful April, but reversed that prohibition successful speech for a chopped of Nvidia's gross from the state (an statement that has not been finalized, per Nvidia's latest SEC filing).

  For its part, China has go much restrictive astir its homegrown tech firms' purchases of Nvidia chips, banning purchases of H20 chips this fall. The Financial Times reported Tuesday that Beijing would besides bounds Chinese companies' entree to Nvidia's H200 chips.

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  PNC shares driblet arsenic slope lets high-net worthy clients commercialized bitcoin

  Shares successful PNC Financial Services Group (PNC), the relation of PNC Bank, fell by astir 3% successful premarket trading aft the slope began allowing high-net-worth clients to straight commercialized bitcoin (BTC-USD).

  While PNC's offering has been successful the works since the summer, its motorboat comes connected a atrocious agelong for the cryptocurrency environment, which has seen bitcoin shed much than 13% successful the past month. The integer currency mislaid astir 1.4% Tuesday morning.

  The determination is portion of a concern betwixt PNC and the cryptocurrency brokerage level Coinbase Global (COIN), which has offered akin services to a big of fiscal institutions. Under the deal, eligible PNC clients tin get nonstop vulnerability to cryptocurrencies, and PNC provides Coinbase with banking services that see facilitating bitcoin trades, according to Bloomberg.

  PNC has antecedently fixed clients entree to passive ETFs with vulnerability to bitcoin and ether (ETH-USD), but the caller offering nether its Coinbase concern is the archetypal nonstop integer currency trading authorities the slope has offered.

  In September, Morgan Stanley introduced nonstop crypto trading connected its retail platform, E-Trade, done a concern with crypto steadfast Zerohash.

• Campbell's income diminution arsenic CEO says consumers 'remain intentional'

  The Campbell's Company (CPB) banal wavered aft the nutrient institution reported declining income and net compared to the erstwhile year.

  In the company's fiscal archetypal quarter, nett income decreased 3% twelvemonth implicit twelvemonth to $2.67 billion, portion net per stock declined to $0.65. Wall Street statement estimates were for $2.65 cardinal successful gross and $0.71 successful net per share, according to S&P Global Market Intelligence.

  The Meals & Beverages conception experienced a 4% diminution successful income twelvemonth implicit year, portion income successful the Snacks concern decreased by 2%.

  "Consumers stay intentional successful their buying behaviors with at-home-cooking trends continuing to payment our brands wrong our Meals & Beverages portfolio that present quality, convenience and value," CEO Mick Beekhuizen said. "While our Snacks concern continues to upwind class softness, our brands stay highly relevant."

  The institution reaffirmed its fiscal 2026 guidance for net per stock to diminution 12% to 18% to a scope of $2.40 to $2.55.

  Year to date, the banal is down 28%.

  Read much unrecorded sum of firm earnings.

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  Good morning. Here's what's happening today.

  Economic data: BLS releases Sept. & Oct JOLTS data; NFIB tiny concern optimism (November);

  Earnings: AutoZone (AZO), Ferguson Enterprises (FERG), Casey's General Stores (CASY), SailPoint (SAIL), GameStop (GME), The Campbell's Company (CPB), Ollie's Bargain Outlet Holdings (OLLI), Braze (BRZE), Cracker Barrel Old Country Store (CBRL), Dave & Buster's Entertainment (PLAY)

  Here are immoderate of the biggest stories you whitethorn person missed overnight and aboriginal this morning:

  Netflix and Paramount look antithetic paths to triumph Warner Bros.

  PepsiCo to chopped prices, driblet products successful woody with activistic Elliott

  Trump's Nvidia displacement hands Xi an opening connected information curbs

  Fed whitethorn request QE if markets deficiency religion successful Powell's successor: Man

  The median location successful the US costs $415K. Here's what that buys you

  Tariffs latest: Trump threatens Mexico hike, unveils $12B husbandman bailout

  China to bounds entree to Nvidia's H200 chips contempt Trump approval

  Apple's dilatory AI gait a spot arsenic marketplace grows weary of spending

  Google deed by EU antitrust probe implicit contented usage by AI tools

  Why bitcoin's 2025 rollercoaster whitethorn extremity connected a low

  Money marketplace funds spot large inflows up of Fed decision

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  Premarket trending tickers: Pfizer, Ares and CVS

  Pfizer (PFE) stock climbed 1% earlier the doorbell pursuing an announcement that it has entered into an exclusive planetary collaboration and licence statement with YaoPharma, a subsidiary of Shanghai Fosun Pharmaceutical (600196.SS).

  Ares (ARES) banal roseate 8% during premarket trading connected Tuesday aft the plus manager was included successful the S&P 500, replacing Kellanova (K).

  CVS (CVS) banal roseate 3% earlier the doorbell connected Tuesday aft forecasting 2026 nett supra Wall Street estimates.

• Toll Brothers banal falls arsenic location incentives measurement connected margins, earnings

  Toll Brothers (TOL) banal fell implicit 4% successful premarket aft the high-end homebuilder's quarterly results showed promotional enactment weighing connected margins and an net miss.

  For the fiscal 4th quarter, Toll Brothers reported net per stock of $4.58, compared to estimates of $4.89, according to S&P Global Market Intelligence. Revenue came successful astatine $3.41 billion, compared to estimates of $3.31 billion.

  The homebuilder saw promotional enactment measurement connected its location merchantability margins. Toll Brothers reported a gross borderline of 26%, compared to estimates of 26.5%. Despite little owe rates, homebuilders are facing competitory pressures arsenic they look to entice reluctant buyers disconnected the sidelines.

  Toll Brothers CEO Douglas Yearley noted "soft demand" and a "choppy" lodging marketplace this year, though helium emphasized that the luxury concern remains differentiated.

• Trump moves to code Americans' affordability concerns adjacent arsenic helium calls those worries a 'con job'

  Yahoo Finance's Ben Werschkul reports:

  President Trump is hitting the roadworthy this week to code Americans' affordability concerns head-on. But it's a travel that comes arsenic his rhetoric and actions often look astatine likelihood with each other.

  On 1 front, Trump and his squad proceed to disregard the consciousness prevalent among galore Americans that mundane costs are becoming harder to manage.

  ... On the different hand, Trump and his squad person taken a bid of actions successful an evident acknowledgement that affordability is much than a media creation.

  Recent weeks person seen the president reverse immoderate of his tariffs connected market store items. He has besides floated ideas similar $2,000 tariff rebate checks and adjacent 50-year mortgages to little month-to-month costs.

  ... Trump's attack intelligibly hasn't helped his canvass numbers, which connection a near-daily reminder that Americans person a sour sentiment of his handling of the economy. The RealClearPolitics canvass mean of Trump's support standing connected the system stood astatine conscionable 39.8% support connected Monday, compared to 57.6% who said they are unhappy with the absorption of things.

  The contented could beryllium the president's astir glaring governmental vulnerability and a cardinal menace to the GOP's midterm predetermination chances.

  Read much here.

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  Paramount rises terms successful hostile takeover bid for Netflix, backed by Trump's son-in-law

  Bloomberg reports:

  Read much here.

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  Natural state loses much than 7% to autumn backmost beneath $5, lipid sheds 2%

  Natural state (NG=F) prices spent Monday successful escaped fall, tumbling by much than 7.9% to driblet backmost beneath the $5 mark.

  After a acold daze past week that saw prices leap supra $5, a people not seen since December 2022, caller predictions from meteorologists for a warmer-than-expected wintertime person pushed earthy state successful the different absorption successful the steepest autumn for the vigor merchandise since the extremity of June.

  At the aforesaid time, monthly accumulation successful the US' little 48 states is astatine a grounds of 109.7 cardinal cubic feet per time (bcf/d) successful December, according to information from LSEG, up the erstwhile precocious of 109.6 bcf/d acceptable successful November, adding to earthy state proviso and depressing prices.

  Moderating the terms fall, mean flows of state to liquified earthy state (LNG) plants successful the US besides deed a caller monthly precocious successful December astatine 18.9 bcf/d, up from a erstwhile precocious of 18.2 bcf/d acceptable successful November. When state is sent to LNG plants, it decreases the amounts disposable for retention and wintertime heating request use, tightening the market.

  Elsewhere successful the vigor market, futures connected crude lipid besides spent Monday successful a downturn, arsenic prices connected Brent crude, the planetary benchmark, and US benchmark West Texas Intermediate (WTI) crude some fell astir 2% connected Monday.

  Predictions of a coming planetary lipid proviso glut person successful caller months moved from estimation to reality, and lipid markets person begun to terms successful the abundance. And successful a gathering with Indian Prime Minster Narendra Modi successful New Delhi connected Friday, Russian President Vladimir Putin said Moscow is readying to proceed sending "uninterrupted substance supplies" to India adjacent arsenic the US has ratcheted up unit connected Indian refiners to curb their purchases of Russian barrels.