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Restarting an idled oil refinery isn’t a cure-all for the territory’s financial woes.

Plus, Big Tech’s election silver lining.

Artificial-intelligence stocks continued to weaken globally as investors digested the implications of the Democratic sweep in the U.S. midterm elections.

Chipmaker Qualcomm's earnings disappoint

Europe’s largest steelmaker booked a 34% surge in earnings before interest, taxes, depreciation and amortization over the third quarter of the year.

Long-end Treasury yields fell to eight-week lows as investors saw relief for bond markets following the Democrat sweep in U.S. midterm elections.

Oil continued to fall in early Asian trade after declining over 8% overnight on rising hopes for an end to the Middle East conflict following the Democrats’ sweep in the U.S. midterm elections.

Asian currencies were mixed against the dollar in early trade, but may be supported by mild appetite for risk assets.

Gold was flat in early Asian trade, taking a breather after rebounding as oil slumped and the dollar softened in the wake of the U.S. midterms.

Japanese stocks were higher after the Democratic sweep of U.S. Congress boosted expectations for a quick end to the Iran conflict, leading to sharply lower oil prices overnight.

Plus, CVS decides to break itself up.

Stocks surged as oil prices tumbled and traders bet a divided government would be good for business, offsetting ongoing unease about artificial-intelligence bets.

Find insight on AI infrastructure, crude futures, natural gas and more in the latest Market Talks covering Energy and Utilities.

Commercial crude oil stocks fell by 865,000 barrels, while distillate stocks fell to their lowest level in more than two decades, the EIA said.

U.S. stock indexes opened higher on hope that legislative gridlock will keep the focus on corporate results. But data-center plans key to the AI build-out took a hit.

The U.S. Treasury said Wednesday that it plans to keep long-term borrowing levels unchanged in coming months.

The U.S. tech company is aiming the sale of four-year, six-year, eight-year, 12-year, 18-year and 38-year euro bonds.

Plus: 3M announces $7.4 billion settlement in ‘forever chemicals’ injuries case, and Democrats’ control of the House and Senate set stage for major conflicts.

Find insight on Champion Iron, gold prices and more in the latest Market Talks covering Basic Materials.

Find insight on AIB Group, Binance, IAG and more in the latest Market Talks covering Financial Services.

Some of the best analysis and insight on investing, the wealth-management business and more.

Diageo and Pernod Ricard have missed the cocktails-in-a-can craze, and investors are paying the price.

U.S. stock futures rose and Treasurys strengthened after the Democrats delivered a resounding win in the midterm elections.

Gold prices were supported by a softer dollar and falling Treasury yields after the U.S. midterm election results boosted demand for safe-haven assets.