Trump: Unwilling to cause large numbers of Iranian deaths, but has no choice when necessary.

Key pre-market news for US stocks on Tuesday is as follows: 1. Historical performance of US equities after US midterm elections: All 11 post-election cycles have delivered gains, with split governments being favored by markets. 2. Credit default protection costs for the five major cloud providers have hit their highest level since 2021, as AI investors rush to secure downside protection. 3. Hedge fund giant Elliott Investment Management has warned that all bear market alarms are sounding, noting the current market is highly similar to the period before the Great Depression. 4. Anthropic’s IPO is facing downward pricing pressure from investors, with its valuation expected to drop to $1.5 trillion, alongside nearly $900 billion in computing power commitments. 5. Marvell and Lumentum have officially announced an all-stock acquisition agreement, with the deal implying an enterprise value of approximately $115 billion. 6. US spot Bitcoin ETFs recorded a net outflow of $398.6 million yesterday, while Ethereum ETFs saw a net outflow of $139.7 million.

U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael S. Selig released a statement today announcing that single-stock perpetual futures contracts have been granted approval for the first time to start trading on eligible designated contract markets (DCMs). These DCMs are also registered with the U.S. Securities and Exchange Commission (SEC) as notice-registered national securities trading platforms and are permitted to trade securities futures products.

According to Bitget market data, Brent crude oil fell 3.00% intraday, currently trading at $100.43 per barrel. Earlier, Trump announced the suspension of $4 billion in aid to Israel.

Nov 3 Update: #Bitcoin ETFs: 1D NetFlow: -5,942 $BTC(-$458.98M)?? 7D NetFlow: -9,593 $BTC(-$740.99M)?? #Ethereum ETFs: 1D NetFlow: -86,589 $ETH(-$197.12M)?? 7D NetFlow: -195,872 $ETH(-$445.91M)??

According to Al Jazeera, a source close to the mediation team has revealed that mediators have briefed Saudi Arabia and the United Arab Emirates (UAE) on the terms of the memorandum of understanding (MoU), with both countries expressing their approval. Washington and Tehran have made concessions on nuclear issues and frozen assets.

According to Bitget market data, A-share and Hong Kong-listed contract underlying assets rebounded after market close, with the following gains relative to their closing prices: Changxin Technology up 1.74%, STAR 50 Index up 1%, Unitree Technology up 0.53%, CICT up 4%, Minimax up 1.21%, and Zhipu AI up 1.72%.