Economy news · 8 November 2026
Brent falls below $100 as crude eases during Indian market rally
Crude oil prices declined sharply in the week to November 6, with Brent dropping below $100 a barrel before rebounding to $98.29. Tanker attacks and Middle East tensions kept supply fears alive.
India's Nifty posts biggest weekly gain since 2021
The Nifty 50 jumped 8.58% in the week ended 6 November as foreign investors returned and crude oil prices eased. It was the index's strongest weekly performance since early February 2021.
Wall Street tech sell-off: Nasdaq suffers worst session in 18 months
US stocks fell for the week after an AI-led sell-off, with the Nasdaq down 3.37% and the S&P 500 down 2.68%.
US adds 165,000 jobs in October, beating forecasts
The US economy added 165,000 jobs in October, well above the 65,000 expected, and unemployment fell to 4.1%. Bets on a December Federal Reserve rate hike rose to about 78%.
Weekly Wrap published for 8 November 2026
A weekly wrap dated 8 November 2026 has been published. The available source gives only its title and date, with no further details.