Morgan Stanley CEO Gorman: Trading activities are accelerating; investment banks will lead the next cycle.

Morgan Stanley CEO Gorman: The United States has avoided economic recession.

The KBW Regional Bank Index rose 3.6%, its biggest intraday gain in three months.

EIA natural gas report: As of the week of October 20, U.S. natural gas inventories totaled 3.7 trillion cubic feet, an increase of 74 billion cubic feet from the previous week, an increase of 313 billion cubic feet from the same period last year, a year-on-year increase of 9.2%, and a year-on-year increase of 9.2%. The average increase was 183 billion cubic feet, an increase of 5.2%.

Australian Prime Minister Albanese told the new US House Speaker Johnson that Australia hopes that the US Congress can pass legislation related to the Australia-US-UK Security Cooperation Agreement this year.

The U.S. dollar continued to rise against the Canadian dollar USD/CAD, once hitting a seven-month high of 1.3838.

Morgan Stanley CEO Gorman: Recent transactions have transformed the entire energy industry.

Micron Technology (MU.O) fell in the short term, falling nearly 3%.

Western Digital (WDC.O) fell more than 8%.

According to Nikkei: Kioxia and Western Digital (WDC.O) canceled flash memory business merger negotiations, and Western Digital informed Kioxia that it would withdraw from the negotiations.

U.S. Senate Majority Leader Schumer: There will be a vote on LEW serving as ambassador to Israel.

U.S. Senate Majority Leader Schumer: spoke with House Speaker Johnson last night.

The U.S. existing home contracted sales index in September was 72.6, compared with the previous value of 71.8.

The Nasdaq 100 fell 1%.

Faraday Future (FFIE.O) fell 5%.