U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.35%

More in Finance

• Nvidia sell-off deepens, fall 6.3%; wipes $10 billion off Jensen Huang's wealth, slips to 12th on Forbes rich list

  Mounting scrutiny surrounding personal misconduct allegations and national security concerns has placed heavy pressure on the semiconductor giant ahead of its November 17 quarterly earnings report. The stock plunge reflects heightened investor anxiety after revelations surfaced regarding internal corporate inquiries and an FBI investigation into foreign intelligence operations. This swift market retreat threatens to erase nearly $400 billion in company value while clouding the leadership of its longtime chief exec…

  3 min read
• Credit card debt climbs to a record $1.29 trillion, New York Fed research finds

  Persistent inflation, higher borrowing costs, and rising expenses for essentials like groceries and gas continue to strain household budgets. Federal Reserve Bank of New York researchers warn that lower-income consumers whose wage growth has lagged inflation face the greatest financial distress. This growing reliance on high-cost revolving credit comes as average interest rates on new cards hover near 24%.

  2 min read
• Spain stocks higher at close of trade; IBEX 35 up 1.10%

  Investors drove Spanish equities into positive territory through the final bell as broad market participation supported regional indices. The upward movement marked a notable gain for domestic securities during the session, reflecting constructive sentiment across local trading desks. This performance underscores sustained momentum for the market as the trading day concluded.

  1 min read