Markets Rally as Yields and Oil Fall; Samsung Profit Plunges; IMF Cuts Eurozone Forecast; FTX Execs Allegedly Committed Fraud

Markets rallied as Treasury yields fell and oil prices eased. Small-cap stocks rose more than the broader market.

Samsung's Q3 operating profit expected to plunge 78.7% year-over-year due to weak semiconductor business.

IMF hiked 2022 and 2023 U.S. growth forecasts but cut euro zone projections.

Former Alameda Research head Ellison testified she and SBF committed fraud, took $14B from FTX customers.

Billionaire investor Paul Tudor Jones thinks a 12% stock market slump likely when impending recession hits.