2U.S. analysts observed. Traders are trying to determine whether a strong Democratic showing, particularly in gubernatorial races in states that host large data‑center projects, could slow AI development.
U.S. analysts observed. Traders are trying to determine whether a strong Democratic showing, particularly in gubernatorial races in states that host large data‑center projects, could slow AI development.
“There wasn’t an obvious catalyst for the bounceback, but as our equity strategists noted, equity positioning had become sizably underweight after <a s moves, and in tech, positioning was now beneath its lows after Liberation Day," the Deutsche Bank analysts said.
Attention now turns to the release of monthly U.S. inflation figures. Headline consumer prices are expected to have risen 0.3 % month‑over‑month in October. The annualized rate will not be released because a federal government shutdown last year prevented the collection of the consumer-price index for October 2025.
The so-called “core” gauge, which strips out volatile items like food and fuel, is seen increasing by 0.2% month‑over‑month.
Analysts at Truflation, an alternative‑data firm, say energy remains the primary driver of overall price changes. For October, Truflation has projected a 20.7% rise in energy prices versus a year earlier, with gasoline climbing 37.7%.
