On November 3, the CFTC approved perpetual futures for U.S. stocks to enter the regulated market in the United States, with four crypto institutions including Kalshi and Coinbase taking the lead in positioning themselves; on the same day, Cboe and Castle Securities-backed CMA sued the CFTC, with the focal point of the dispute being whether the product falls under securities futures or securities-like swaps.

The scenario of a "Democratic Party controlling Congress and the Republican Party occupying the White House" indicates an increase in political uncertainty in the United States. For the capital market, the overall impact shifts from "expansion pricing" to "regulatory + fiscal constraint pricing."

Post-market liquidity shrinks, and premiums continue to diverge. Ten charts empirically illustrate the arbitrage illusion behind tokenized US stocks.

The U.S. Treasury Department announced in its quarterly refinancing statement that it will maintain the auction sizes of nominal fixed-rate bonds and floating rate notes unchanged for several upcoming quarters, removing the word "at least," which has been used since early 2024. This change in wording indicates that the Treasury has allowed for the possibility of reducing the issuance size of long-term bonds as early as 2027. Additionally, the U.S. Treasury announced that the repurchase limit for long-term government bonds remains at 6 billion dollars, and the total amount of U.S. Treasury auctions next week will remain at 125 billion dollars.

After the Democratic Party swept Congress, the Dow Jones surged by 3.03%, marking the largest increase in 19 months. After hours, AppLovin rose by about 21%, while Qualcomm fell by about 7%.

In the early morning of November 4, 2026, the market discovered that a "regulatory safety net bought with money" had suddenly collapsed: the cryptocurrency and AI industries spent about 250 million dollars through super PACs during the entire cycle, betting on a few key races, but lost 9 out of 12 competitive elections that had already been revealed, with about 74.7 million dollars spent on the losing camp, and only 28.3 million dollars on the winning side.

Original | Odaily Planet Daily (@OdailyChina) Author | Golem (@web3_golem) Nowadays, the biggest obstacle to stock tokenization is no longer regulatory agencies, but publicly listed companies. According to an announcement released by OKXICE on November 2, opposition...

Entering November, the US stock market is in one of the most event-dense periods of the year. The Federal Reserve's interest rate decision has been made, many tech giants are releasing their earnings reports one after another, and the midterm election voting is about to conclude; next, non-farm payroll data, CPI, and important earnings reports from companies like Nvidia will follow. Several variables stacking up, the question the market must answer remains unchanged: can AI investments bring sufficient profit growth under higher capital costs? 1. The valuation of US stocks is relatively high...

[MSX Research Institute · U.S. Stock RWA Daily Observation] is a flagship daily report produced by the leading RWA trading platform MSX Maitong. Relying on strong macro research capabilities, we capture the core pulse of global traditional U.S. stocks, liquidity changes, and the tokenized RWA market, helping you strategically allocate quality assets. Today's observation: AMD is accelerating its transformation from a semiconductor company focused on CPUs and gaming chips to an AI infrastructure platform that encompasses CPUs, GPUs, networking, rack systems, and software. FY2...

On November 4, 2026, the 24-hour trading volume ranking on the OKX Wallet's US stock market page showed that the top ten included the Nasdaq 100 ETF, S&P 500 ETF, Apple, Nvidia, Micron Technology, Advanced Micro Devices, Warner Bros. Discovery, Oracle, Tesla, and Microsoft.

According to a single data source from MSX.COM, the recent trading day in the US stock market showed a picture of "index divergence and strength in AI": the Dow Jones Industrial Average closed down about 0.38%, while the S&P 500 closed up about 0.36%, and the Nasdaq closed up about 0.83%. The VIX fear index fell about 1.51%. As risk appetite increased, funds clearly flowed towards the technology and AI sectors.

The paper on the negotiation table between the United States and Iran has just been laid out, and the smoke from the battlefield has not yet cleared. Recently, the mediators communicated the contents of the memorandum of understanding reached by Washington and Tehran regarding nuclear issues and frozen assets to Saudi Arabia and the United Arab Emirates. The two countries reportedly expressed their approval, which means that this long-standing stalemate has finally shown a slight institutional gap under the tacit consent of regional powers—both sides are involved in nuclear projects.

Original Author: Xu Chao Original Source: Wall Street View American tech giants are extending their financing reach to the euro bond market, triggering a massive wave of bond supply that is putting new pressure on the European credit market. Meta is planning its first euro bond issuance as part of its cross-border financing plan that amounts to at least 20 billion US dollars; Google is simultaneously advancing a 6 billion euro bond deal and must offer investors yields significantly higher than...