Stock Rally Stalls, Trump Backs Cuomo Against Mamdani | Daybreak Europe 11/04/2025

Bloomberg•Tuesday, November 4, 2025 at 8:04:05 AM

In today's Bloomberg Daybreak Europe, we discuss the recent stall in the global stock rally, primarily driven by rising concerns over high valuations following Palantir's earnings report. Wall Street executives are also warning of a potential market correction, which has investors on edge. Additionally, the show highlights Trump's endorsement of Cuomo against Mamdani, adding a political twist to the financial landscape. This matters as it reflects the interconnectedness of market performance and political developments, influencing investor sentiment across Europe.

— Curated by the World Pulse Now AI Editorial System

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