Market Overview - US stock market showed a mixed performance with the Dow Jones increasing by 664.18 points (1.43%) to close at 47112.45, while the Nasdaq rose by 153.59 points (0.67%) to 23025.59, and the S&P 500 gained 60.76 points (0.91%) to finish at 6765.88 [1] - European stock indices also saw gains, with Germany's DAX30 up by 213.90 points (0.92%) to 23467.00, the UK's FTSE 100 rising by 78.49 points (0.82%) to 9613.40, and France's CAC40 increasing by 66.13 points (0.83%) to 8025.80 [2] Commodity Prices - Crude oil prices fell, with NY light crude for January delivery down by $0.89 to $57.95 per barrel (1.51% drop), and Brent crude for January delivery also down by $0.89 to $62.48 per barrel (1.4% drop) [2] - Gold prices slightly decreased by 0.08% to $4130.78 [4] Economic Indicators - US retail sales for September grew by 0.2%, below the expected 0.4%, following a revised growth of 0.6% in August. Core retail sales, excluding autos, gas, building materials, and food services, fell by 0.1% [5] - The US consumer confidence index dropped by 6.8 points to 88.7, marking the largest decline in seven months, attributed to concerns over the labor market and economic conditions [6] Company News - Dell Technologies (DELL.US) provided an optimistic outlook for Q4, driven by strong AI server sales, projecting AI server revenue for FY2026 to reach $25 billion, up from a previous estimate of $20 billion. Overall revenue expectations for FY2026 were raised to between $111.2 billion and $112.2 billion [8] - Nvidia (NVDA.US) asserted its GPU technology remains a generation ahead of Google's AI chips, despite a 3% drop in its stock price amid concerns over competition from Google [9] - Walmart (WMT.US) is testing advertising features in its AI shopping assistant, Sparky, aiming to commercialize the chat experience and maintain its retail dominance [10] Regulatory Developments - The FDIC has moved to relax capital requirements for major US banks, which is expected to benefit institutions like Bank of America, JPMorgan Chase, and Goldman Sachs, as they navigate regulatory pressures stemming from the 2008 financial crisis [7]