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Thursday, November 5th, 2026 Pre-market futures are mixed ahead of Thursday's open, following one of the strongest days on the major indexes of 2026. The Dow rose +3%, with the S&P 500 and Nasdaq on either side of +1.5% growth. The cloak of uncertainty regarding the midterm elections fell, and the divided government that Wall Street prefers formed in its place. Bond yields have moderated of late, but are also tightening margins somewhat: the 10-year is currently at +4.904% and the 2-year is +4.616% — illustrating a flatter curve than the normal 40 basis points (bps). The 30-year is +5.283% at this hour, which more directly related to long-term fixed mortgage rates.
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