These narratives can be useful when examining how markets behave, but don’t expect them to explain the economy.

The dollar is likely to gain the most if there were a Republican sweep in the U.S. elections, and it would rise by less if Trump won the presidency but Congress were divided, Goldman Sachs said, adding that it would likely weaken if Harris won.

U.S. fixed income could outperform in 2025, as the Federal Reserve cuts rates, the economy weakens and inflation declines according to M&G Investments.

Oil prices edged lower in European trading on renewed U.S. efforts for a ceasefire in the Middle East and concerns over China’s oil-demand outlook.

Gold futures rose with investors seeking safe-havens, as Israel-Iran tensions continue to boil and as the direction of U.S. economics and politics remain uncertain, analysts said.

The Hang Seng closed 0.1% higher with the key themes including lowered expectations of aggressive Fed easing after comments from some officials, and a tilt toward pricing in a potential second Trump presidency, Saxo APAC said.

A Houston-based investor is asking the restaurant operator to spin out three brands.

The U.S. Energy Information Administration in its latest Short Term Energy Outlook estimated that national gasoline prices will average $3.20 a gallon in 2025, down from $3.30 this year and $3.50 in 2023.

Piper Sandler analyst Patrick Moley maintained an Overweight rating on Robinhood Markets, Inc (NASDAQ:HOOD) and raised the firm’s price target to $30 from $27. The price target represents ~8 times Moley’s new 2026 revenue EPS estimate (up from ~7 times 2026 previously) to reflect the incremental revenue opportunity presented by adding index options & futures. Last week, Robinhood hosted its first inaugural Robinhood Markets Summit 2024 and introduced several new products to its customer base. Al

Rates are expected to start at 6.25% for loans up to $50,000 and drop to 5.2% for amounts exceeding $50m.

U.S. natural gas futures clawed back some of last week’s losses while participants remain anxious about demand heading toward the winter heating season.

The company also said Mark Parker resigned as the chairman and named James Gorman as his replacement, effective Jan. 2.

© Agence France-Presse/Getty Image

The EU approved Swedish state aid worth $139.1 million to help steelmaker SSAB decarbonize its production.

© jonathan nackstrand/Agence France-Presse/Getty Images

The Wegovy maker’s once-daily pill to treat type 2 diabetes has shown it cuts the risk of heart attacks and strokes in patients by up to 14%, according to a new trial.

© tom ittle/Reuters

More men are staying home to facilitate the complex juggle of family life and their wives’ high-powered careers.

© EMLI BENDIXEN FOR WSJ (2)

Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort.

© ryan collerd/Agence France-Presse/Getty Images

Spravato, a depression treatment derived from club drug ketamine, was looking like a dud. Its recent success now shows a path forward for psychedelic-based medicines.

© Eli Imadali for WSJ

Red Lobster, Roti and other chains are closing locations as chapter 11 filings grow.

© mike blake/Reuters

Read about BHP, South32 and more in the latest Market Talks covering Basic Materials.

© siphiwe sibeko/Reuters