US 1‑year inflation expectations, Oct preliminary 4.7% vs consensus 4.7%; prior 4.60%.

The U.S. federal government said on the 8th it will suspend Microsoft and several other technology firms from participating in the permanent labor certification (PERM) program, the first step for H-1B visa holders seeking U.S. permanent residency. Nine universities, including Harvard and Stanford, are under investigation for alleged J-1 visa fraud. Vice President Vance, announcing the Microsoft action at a White House briefing, said the company "committed fraud" and must hire American workers, saying companies cannot fire U.S. staff and replace them with precarious foreign workers.

The Information reports NVIDIA (NVDA.O) will invest in chip competitor D-Matrix.