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Stocks Fall for Second Day Amid Tech Selloff; Democrats Sweep Elections | Bloomberg Brief 11/05/2025

DeFi Daily News by DeFi Daily News
November 5, 2025
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Stocks Fall for Second Day Amid Tech Selloff; Democrats Sweep Elections | Bloomberg Brief 11/05/2025
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US equity futures slide as tech stocks drag global markets lower for a second day. Zohran Mamdani wins the New York City mayoral race. The US Supreme Court is scheduled to hear on the legality of some of President Trump’s tariffs. Shares of AMD fall in pre-market trading as the firm’s quarterly results fail to impress investors. Katrina Dudley of Franklin Templeton discusses a potential market correction.

Chapters:
00:01:37 – First Look Movers
00:03:30 – Zohran Mamdani Wins NYC Mayoral Race
00:07:19 – SCOTUS Hearing on Tariff Legality Today
00:10:28 – Global Chip Selloff Erases $500B in Value
00:14:30 – Trending on the Terminal
00:16:00 – Novo Nordisk Cuts Outlook on Lagging Ozempic and Wegovy Sales
00:19:45 – Front Page News
00:22:00 – First Look Movers
00:23:15 – Tech Drop Drives Second Day of Global Stock Losses
00:32:47 – Democrats Sweep Key Election Races
00:35:46 – Trump’s Tariffs Face Supreme Court Test
00:38:54 – Pullback Signals Growing Unease on AI Rally
00:42:02 – What to Watch
——–
More on Bloomberg Television and Markets

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Tags: BloombergChloe MeleyDani BurgerDaydemocratsDonald TrumpelectionsfallFranklin Resources (Franklin Templeton)GeopoliticsKatrina DudleyMaziar Mike DoustdarMica SoellnerNovo Nordisk-ADRnyc mayoral raceSellOffStock market newsStock Market OutlookstocksSuzanne LynchsweepTechTom MackenzieTyler KendallVonnie Quinn
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