Stocks finished the day lower, with the S&P 500 dropping about 50 basis points. Most of the session was driven by volatility selling.

The “Magnificent 7” stocks now command a record 38% of the S&P 500’s market capitalization. This means almost 40 cents of every index dollar is chasing just seven names.

EUR/USD rises 0.15% near 1.1600 as Dollar weakens following hawkish comments from BoJ’s Ueda.

The Federal government took in a record amount of tariff revenue in October. It also ran the highest October budget deficit on record.