Gold was the only market that rose, helped by the stress in stocks, and it won back some of the ground it lost the week before.
Weekly Brief
Weekly Brief
A midterm rally faded as worries about AI spending hit stocks and crypto
Election relief lifted everything midweek, then doubts about AI spending and a strong jobs report pulled stocks and crypto back down.
Gold +4.9%
S&P 500 −2.7%
Bitcoin −4.5%
Nasdaq 100 −5.1%
Ethereum −6.5%
Oil −12.7%The biggest fall of the 6.
The waterline (0%) is where each market began the week: an orb above it rose, one below it fell, and its height on the scale is the size of the move. · Hover an orb for its weekTap an orb for its week
Last week, market by market
What moved each one. Hyperliquid's prices: crypto from Monday 12:00 AM to the end of Sunday, UTC, stocks, gold and oil from Friday's close to Friday's close.
The S&P 500 fell as the AI worries outweighed the election cheer, though it rose on most trading days.
Crypto gave back its election gains once tech wobbled, and it ended below where the week before had traded at all.
Tech-heavy and exposed to the AI doubts, the Nasdaq 100 had its best day on Friday after the sharp drop before it.
Ethereum swung harder than bitcoin in both directions, and it rose on more days than bitcoin did.
Oil fell on hopes that the Iran war would wind down, and it only rose on two days.
What moved markets last week
The week's biggest stories, and how each market took them.
- Wed4 NovWed 4 NovMarkets that day
- BTC+3.9%
- ETH+6.6%
- S&P+1.6%
- NDX+0.7%
- Gold+3.2%
- Oil−8.6%
- Thu5 NovThu 5 NovMarkets that day
- BTC−5.5%
- ETH−7.7%
- S&P−4.7%
- NDX−6.7%
- Gold+0.5%
- Oil+3.3%
- Fri6 NovFri 6 Nov
- Yahoo FinanceStrong jobs report raises odds of a December rate hikeA hotter job market gives the Fed more reason to keep rates high. Higher rates usually make borrowing costlier and weigh on riskier bets.
- rte.ieBrent oil heads for a steep weekly fall on Iran hopesTraders bet the war could wind down after the election, even as tanker attacks near Hormuz kept going.
- Crypto BriefingBitcoin hits a seven-week low as liquidations pile upLiquidations happen when a leveraged trade is closed by force because its losses grew too big. Those forced exits can push prices further in the same direction.
- 8:30 AM ESTUS jobs report (October)In the 24 hours after
- BTC−0.2%
- ETH+0.1%
- S&P+0.3%
- NDX0.0%
- Gold+0.3%
- Oil−0.3%
Markets that day- BTC−0.3%
- ETH0.0%
- S&P+0.8%
- NDX+1.9%
- Gold−0.2%
- Oil−1.2%
Last week's Bitcoin chart, in plain words
Bitcoin is weak but not broken: it is still hovering near a long-term average. This is context, not a forecast, since chart patterns alone have a poor record in crypto.
- Open
- $78,326
- High
- $81,177
- Low
- $73,457
- Close
- $74,821
This week9 Nov to 15 Nov
The week ahead
Monday is crowded with company earnings, Tuesday brings the inflation report, Wednesday and Friday have crypto token unlocks, and Thursday closes with two tech names. Times are in your zone (EST).
The week's calendar
Every event this week in your time, with Polymarket's odds where traders bet on it. Press a day to see only that day.
Days
14 eventsAll week
14 to comeMon 9 Nov
1/2Tue 10 Nov
Wed 11 Nov
Thu 12 Nov
Fri 13 Nov
Already happened this week
Nothing has happened yet this week. Each event's result shows here once it is over.
Mon 9 Nov
Tue 10 Nov
Wed 11 Nov
Thu 12 Nov
Fri 13 Nov
Your week, ready
Get set for 9 Nov to 15 Nov
Bitcoin's key levels and the week's events, ready in a few taps.
- Last week's high$81,1778.5% above the price
- Last week's open$78,3264.7% above the price
- Bitcoin now$74,82120-week average$73,6081.6% below the price
- Last week's low$73,4571.8% below the price
Free for everyone: up to 4 Bitcoin alerts, on Telegram, once when the price crosses.
- TransDigm earningsTue 10 Nov · Before the US open
- US CPI inflationTue 10 Nov · 8:30 AM
- CoreWeave earningsTue 10 Nov · During the day
Every week's events, added on their own.
A ping before the events you pick, then what happened.
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Past briefs
Every week stays here.
- 2 Nov to 8 NovLatestA midterm rally faded as worries about AI spending hit stocks and cryptoBTC −4.5%Reading
- 26 Oct to 1 NovEvery market here fell as a record hack and tech worries hitBTC −2.2%
- 19 Oct to 25 OctOil climbed while crypto, stocks and gold all slidBTC −2.4%
- 12 Oct to 18 OctHot inflation and an AI stock slump pulled most markets lowerBTC −2.0%
- 28 Sep to 4 OctBitcoin climbed while gold and oil gave groundBTC +2.4%
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