News Highlights: Top Global Markets News of the Day - Monday at 9 PM ET

Nasdaq Leads Gains; Dow Closes Above 43000

The S&P 500 and Nasdaq added 0.8% and 0.9%, respectively. The Dow Jones Industrial Average rose 0.5%. Oil prices fell after China failed to provide details on a stimulus plan.

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should "proceed with more caution" in cutting U.S. interest rates to make sure inflation doesn't reignite.

U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy

Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.

Citi Sees Possibility of $120 Oil if Supplies Are Disrupted

Crude oil prices could jump if supplies are disrupted by conflict in the Middle East, analysts at Citi Research said.

Why Saudi Arabia may 'open the spigot' on oil production - and crater crude prices

The possibly that Saudi Arabia will lift the "floodgates" on its oil production has climbed in recent weeks, fueled by "deteriorating cohesion" among the group of major oil producers known as OPEC+, according to a report from Capital Economics released Monday.

OPEC Further Trims Oil-Demand Outlook

The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to bring some barrels back into the market despite weaker global prices.

China's Exports Slow But Continue Run of Growth

The country's exports grew at a slower pace in September, but extended their growth streak to a sixth consecutive month, driven by Beijing's efforts to cement its dominance in global manufacturing.

Hannon's Take: Is the ECB Nearing the End of Restriction?

Many economists expect the central bank to cut at each of its coming meetings to avoid an economic contraction.

Junk-rated issuers face record refinancing needs above $2 trillion through 2029

Barring an economic slowdown, market conditions are still favorable, with interest rates expected to continue to come down and investors expected to be receptive to credit markets

U.K. Gambling Stocks Fall on Reports of New Industry Taxes

Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.