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Global Stocks Surge on Shutdown Hopes, Oil Prices Drop

11/12/2025

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Summary

Story summary

Global stocks rallied as European markets reached record highs on expectations of an end to the U.S. government shutdown.
Wall Street futures rose modestly, with Dow futures up 0.22% and S&P 500 futures up 0.33%.
Loblaw Companies reported increased sales amid high food inflation.
Oil prices fell as oversupply pushed Brent crude down 1.35% to $64.28 per barrel.

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Story summary

Global stocks rallied as European markets reached record highs on expectations of an end to the U.S. government shutdown.
Wall Street futures rose modestly, with Dow futures up 0.22% and S&P 500 futures up 0.33%.
Loblaw Companies reported increased sales amid high food inflation.
Oil prices fell as oversupply pushed Brent crude down 1.35% to $64.28 per barrel.