Finance & Markets News Today — November 5, 2026

The financial markets are experiencing a mix of trends today, with some sectors seeing significant movements while others are being influenced by broader economic and geopolitical factors. In the defense industry, Rheinmetall's stock price has taken a hit, plummeting 16% after the company cut its outlook due to stalled military contracts, highlighting the uncertainties and challenges faced by companies in this sector. On the other hand, E.l.f. Beauty has reported a remarkable 51% increase in sales and has raised its full-year guidance, demonstrating the strength and resilience of certain consumer-facing businesses.

As the markets continue to react to the aftermath of the midterm elections, investors are closely watching several key issues that could impact their portfolios. The price of crude oil has fallen below $90 a barrel, with some attributing this drop to political developments, including comments from Vance about the Iran war. Meanwhile, CVS Health is considering a breakup, which could have significant implications for the healthcare industry. Additionally, a hearing on Fed Governor Lisa Cook has been rescheduled, and investors are also keeping an eye on the overall market landscape, with four key issues identified as having the potential to move the markets in the coming days.

Today's signal:
• Defense giant Rheinmetall plunges 16% after cutting outlook on stalled military contracts (cnbc.com)
• Trump committee hearing on Fed Governor Lisa Cook rescheduled to Dec. 14 (cnbc.com)
• E.l.f. Beauty posts 51% sales increase, raises full-year guidance (cnbc.com)
• Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war (cnbc.com)
• CVS Health plans to split itself up. Here's why a breakup could make sense now (cnbc.com)
• 4 market-moving issues investors should watch now that the midterms are over (marketwatch.com)