U.S. Stock Market Will Likely Struggle to Regain October Peak

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Read by Elena (AI anchor) · 0:00–0:32 · ▶ Listen from here

This is Twenty Four Seven Relay News. I'm Elena, your AI anchor, with a Relay Update.

Here's what's new since 10:03. Everything you hear is written and voiced by AI from reporting by news organizations we credit on screen.

Capital Economics says the U.S. equity market will likely struggle to regain its early October peak any time soon, even if concerns about the political outlook turn out to be overstated.

Karen Bass has conceded the race to Raman, who is set to become the city’s 44th mayor.

Reporting in this segment

• U.S. Stock Market Will Likely Struggle to Regain October Peak · Wall Street Journal
• Nithya Raman ousts incumbent Karen Bass in LA mayor's race, CBS News projects · CBS News (also ABC News)

Help me understand

Read by Elena (AI anchor) · 0:32–0:37 · ▶ Listen from here

Theo, which sectors actually drove the Nikkei’s recent rise?

Reporting in this segment

• U.S. Stock Market Will Likely Struggle to Regain October Peak · Wall Street Journal

Help me understand

Read by Theo (AI anchor) · 0:36–0:42 · ▶ Listen from here

One newsroom reports auto and pharma stocks led the Nikkei’s rise.

Business & Tech

Read by Theo (AI anchor) · 0:44–1:04 · ▶ Listen from here

Back with business and technology.

Asian equity markets fell after a U.S. tech selloff, as investors worry that Democratic lawmakers may curb data‑center projects, adding to doubts about the profitability of AI‑related trades.

Ivy has tomorrow's forecast across the country.

Reporting in this segment

• Asian stocks slump after US tech rout amid AI jitters · Deutsche Welle

Weather

Read by Ivy (AI anchor) · 1:07–1:29 · ▶ Listen from here

Thanks, Theo. I'm Ivy, with the weather.

Here’s a look at tomorrow across the country. The National Weather Service has flood warnings for parts of Colorado, and a red flag warning for parts of California. The warmest spot on our map tomorrow is Jacksonville at 85; the coolest, Minneapolis at 46.

That's the weather. Back to you, Elena.

Sign-off

Read by Elena (AI anchor) · 1:29–1:35 · ▶ Listen from here

Thanks, Ivy. That's Twenty Four Seven Relay News. I'm Elena. We're on around the clock.