Global news you need to know before Monday's U.S. stock market opens
The U.S. government shutdown crisis is expected to end as the Senate passes a temporary funding bill, leading to a rise in global risk assets, with Nasdaq futures up over 1.4%. U.S. container imports in October fell 7.5% year-on-year. The Bank of Japan's meeting minutes indicate an increased likelihood of interest rate hikes in December. Goldman Sachs is optimistic about the Indian stock market again, while Taiwan Semiconductor's sales in October slowed down. Robinhood plans to launch a new fund, Burger King's ownership in China has changed, and InSilico Medicine Cayman TopCo has reached an AI drug development collaboration with Eli Lilly. The founder of hedge fund Millennium sold a 15% stake, valuing the company at $14 billion
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