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The U.S. international trade deficit in goods and services was $78.2 billion in October, an increase of 19.9% from a year ago and 5.4% from September, BEA reported Tuesday.

Germany's factory orders declined 0.8% in October from September when orders fell downwardly revised 2.9% and declined 3.2% from a year ago. Export orders rose 2.5% and domestic orders fell 1.9%.

The Russian ruble falls to a two-month low below 63 against the U.S. dollar after the EU oil embargo kicked in.

Brent crude oil dropped for the second week and fell to a 11-month low, below the price before Russia's invasion of Ukraine in late February.

Sumo Logic soared 11% after the cloud company said the fiscal third quarter sales rose 27% to $79 million and loss narrowed to $26.3 million or 22 cents from $30.8 million or 28 cents a year ago.