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Stock Rally Stalls, Trump Backs Cuomo Against Mamdani | Daybreak Europe 11/04/2025
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November 4, 2025
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2:45
46:39Now PlayingBloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
On today's show, the global stock rally hits a speed bump as concerns about rich valuations grow louder after Palantir’s earnings and warnings of a correction from Wall Street executives.
Oil earnings in focus as Saudi giant Aramco exceeds forecasts as higher output outweighs weaker prices. And President Trump endorses Andrew Cuomo, threatening to withhold federal funding if Zohran Mamdani wins today's election for New York City Mayor.
Today's guest: Benedict Lowe, Equity Derivatives Strategist at BNP Paribas Markets 360, Torbjörn Törnqvist, CEO of Gunvor Group, and Erica Anderson, Chief Revenue Office at Notion.
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