TREE NEWS reports: The MSCI Emerging Markets stock index climbed 1.8% on the day, extending its winning streak to a third consecutive session — its longest run of gains since September. The MSCI Emerging Markets currency index edged up 0.14%.
TREE NEWS update: BHP has appointed Adrian Wood as its new chief financial officer, succeeding Vandita Pant in the role. The mining giant did not disclose further details of the transition in the announcement. Wood takes over the CFO position at a time when the company continues to manage its global mining and resources portfolio.
TREE NEWS reports: Nomura is exploring a sale of its crypto unit Laser Digital, Bloomberg reported. The potential divestment follows a fourth consecutive quarterly loss for the Japanese bank’s European operations. No buyer, valuation or timeline was disclosed.
TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index rose 0.55% on Wednesday, November 11, closing at 2,946.37 points. The index tracks the price performance of electric-vehicle-related equities.
TREE NEWS update: The Reserve Bank of New Zealand said its reverse stress test found insurers to be resilient and showed improved risk management. The central bank disclosed the conclusion without providing further details on the scope, timing or specific insurers involved.
TREE NEWS update: Rosa DeLauro, the top Democrat on the House Appropriations Committee, on Wednesday called on outgoing Senate Appropriations Chair Susan Collins to release her party’s annual spending bill proposals to advance negotiations. “We need all the bills on the table,” DeLauro told reporters, saying talks cannot proceed without legislative text. No figures or timeline were given.
TREE NEWS update: A nationwide strike and demonstrations swept Spain on the 11th, with clashes between strikers and police breaking out in multiple locations and more than 50 people arrested. The strike blocked sections of highways and major city roads and disrupted rail services, leaving transport snarled across the country.
TREE NEWS update: Fitch placed Paraguay’s BB+ foreign-currency issuer default rating on a negative watch on [date], signaling a possible downgrade. The move puts the sovereign’s rating under review, with the agency citing concerns that could lead to a lowering of the rating. No further details were provided in the announcement.
TREE NEWS reports: The Trump administration backed a crackdown on Nvidia chip diversion, while the Commerce Department denied a reported confrontation between Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. An independent records check found no published export-control notice naming Megaspeed. The dispute centers on enforcement of restrictions on diverted AI chips.
TREE NEWS reports: Short-term Bitcoin holders have sent $3.6 billion worth of BTC to exchanges at a loss, moving coins below their purchase prices. Binance recorded sharp inflows of recently moved coins, signaling that recent buyers are capitulating. The data points to elevated selling pressure from investors who acquired BTC at higher levels.
TREE NEWS reports: FTSE China A50 index futures closed 0.07% higher at 12,980 points in overnight trading, the contract’s continuous session showed. The marginal gain leaves the benchmark for China’s largest A-share companies little changed from its prior close.
TREE NEWS reports: The emerging market ETF rose 2.43% on Wednesday, Nov. 11, leading gains among major U.S. asset-class ETFs. The Nasdaq 100 ETF climbed 2.31%, while the Barclays U.S. convertible bond ETF and S&P 500 ETF gained at least 1.32%. The gold ETF fell 1.13% and the VIX long ETF dropped 6.23%, while the U.S. real estate ETF slipped 0.06%.
TREE NEWS reports: The S&P 500’s information technology sector rose 2.71% on the day, leading gains among the index’s 11 sectors, while energy climbed 1.83% and industrials added 1.32%. Telecom gained 0.91%, and consumer discretionary was the only decliner, falling 0.36%. Within tech, SanDisk, Dell Technologies, Micron Technology, Lumentum, Seagate Technology and Marvell Technology led, while Cadence Design Systems, First Solar, Accenture and Microsoft lagged.
TREE NEWS reports: US sector ETFs closed broadly higher on Wednesday, November 11, with the semiconductor ETF climbing 4.82%. The global tech stocks index ETF and the technology sector ETF each gained at least 3.23%, while the energy ETF rose 1.86%. Consumer discretionary, banking and regional bank ETFs slipped by as much as 0.19%.
TREE NEWS reports: Nvidia shares closed 2.9% higher, marking the chipmaker’s largest single-day gain since September 2. The move came in the regular trading session and stands as the stock’s strongest advance in roughly three months.
TREE NEWS update: Ethlabs has withdrawn Quick Slots from its Hegotá upgrade and asked developers to rethink the roadmap, putting quantum- and AI-resistant Ethereum ahead of speed. The lab is targeting a quantum- and AI-resistant Ethereum in 2027.
TREE NEWS reports: The US memory chip index rose 9.2% and the Philadelphia Semiconductor Index climbed 5.5%, while the Nasdaq 100 gained 2.3% in preliminary close. CoreWeave jumped 24%, with Nebius, SanDisk, Micron and Arm up at least about 10% each. The S&P 500 rose 1.2% and the tech sector added 2.6%, while Microsoft fell 2.5% and Amazon lost 1.8%.
TREE NEWS reports: The Nasdaq Golden Dragon China Index closed down 0.8% in preliminary trading. Among popular Chinese concept stocks, NetEase fell 4.5%, while XPeng, Li Auto and Bilibili each dropped more than 2%. Gainers included 21Vianet, up 16.3%, Atour, up 4.2%, Hesai, up 1.9%, and Kingsoft Cloud, up 1.7%.
TREE NEWS update: Ukrainian President Volodymyr Zelensky said on social media on December 11 that he has arrived in Dublin, Ireland, to attend the ninth European Political Community leaders’ summit. He plans to meet US special envoy Steve Witkoff and Jared Kushner, President Trump’s son-in-law, and to hold bilateral or multilateral talks with about 20 leaders over two days.
TREE NEWS reports: The euro fell 0.64% to $1.1092 in late New York trading on Wednesday, its lowest level since May, after holding near 1.1160 in Asian hours and accelerating lower from 20:29 Beijing time into the US open. It touched 1.1083 at 22:59, approaching the May 12 2025 low of 1.1065. The Swiss franc dropped over 0.9% against the dollar, which rose 0.94% to 0.8331 francs.