Yemen government said Houthi militants attacked the presidential palace in Aden.

CoreWeave’s credit risk hit an intraday record Thursday after the AI cloud provider said it would expand borrowing. ICE Data Services shows the five-year CDS climbed 74.5bps to 1194.5bps, a session high that implies a market-priced five‑year default probability above 60%. CoreWeave bonds were among the worst performers in the US high-yield market on Thursday. The AI-cloud financing surge is prompting bond investors to reassess credit risk at some large tech names, reflected in rising CDS prices, higher volatility and weak corporate bond performance. As an early AI cloud player reliant on high-yield issuance for growth, CoreWeave has drawn outsized market focus.

US October Philadelphia Fed manufacturing index 20.9, below consensus 28.4 and prior 37.8.