JOBS REPORT US economy adds just 12,000 jobs in October as hurricanes, strikes weigh SNP - Free Realtime Quote ? USD S&P GSCI Skim Milk Powder (USD) (^SPGSSPP) Follow 33.80 0.00 (0.00%) As of 5:00 AM EDT. Market Open. Related News Nasdaq eyes comeback as stocks react to jobs report All three of the major averages (^DJI, ^IXIC, ^GSPC) open Friday's session higher after the October jobs report saw only 12,000 jobs added to the US economy in the past month. Recent Hurricanes Milton and Helene and ongoing labor strikes have been attributed to these distortions in data. Morning Brief host Seana Smith monitors this morning's movements across market indexes, Treasury yields in the bond market (^TYX, ^TNX, ^FVX), and the energy sector. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 40 minutes ago ^GSPC ^IXIC ^DJI Nasdaq, S&P 500 sell off ahead of Amazon, Apple earnings The tech-heavy Nasdaq Composite (^IXIC) closed Thursday over 2.7% lower, the S&P 500 (^GSPC) not too far behind with a session loss of 1.86%. Tech sector worries seem to have been revived coming off Meta Platforms (META) and Microsoft's (MSFT) latest earnings print and ahead of Amazon (AMZN) and Apple's (AAPL) results due out after the close. Yahoo Finance markets and data editor Jared Blikre joins Alexandra Canal and Josh Schafer on Market Domination Overtime to examine bond market trends (^TYX, ^TNX, ^FVX) and losses from Magnificent Seven tech leaders. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 18 hours ago AMZN MSFT ^DJI How to position your portfolio heading into the end of 2024 Heading into the final stretch of 2024, D.A. Davidson director of wealth management research James Ragan joins Wealth! Host Brad Smith to discuss how investors should position their portfolios. “We're telling investors to stay diversified. Stocks are not cheap in here. We're trading at pretty elevated valuations, but we do see better relative valuations across the spectrum. In an environment where the economy is still growing a little bit better than expected, we're getting decent earnings growth in the third quarter. We think that returns overall, the upside should be limited and we find better relative value in many of the sectors that are below kind of the high the technology and growth-centric names.” He notes, “We still like exposure to [Big Tech growth] names. But we don't want to get too overvalued. So we would use strength, which we're not seeing today. We'd use strength to maybe trim positions a little bit and then reallocate. And we just see better relative value in some of the other stocks out there.” To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 20 hours ago ^DJI ^IXIC ^GSPC New PCE reading not ideal for Fed but won't upend rate cut expectations The Fed may not have received the inflation data it wanted Thursday, but some economists said the central bank is still on track for a 25 basis point rate cut at its policy meeting next week. Yahoo Finance ? 22 hours ago ^DJI ^GSPC Stocks Are Rallying to Start November The stock market is off to the races to start November on the back of a weaker-than-expected jobs report. The Dow Jones Industrial Average is up 1%, while the S&P 500 is also up 1% and the Nasdaq Composite is up 1.2%. Barrons.com ? 4 minutes ago COMP ^DJI ^GSPC Mastercard Incorporated (MA): Among The 10 Best S&P 500 Stocks to Buy According to Hedge Funds We recently compiled a list of the 10 Best S&P 500 Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Mastercard Incorporated (NYSE:MA) stands against other S&P 500 stocks. As per AXA Investment Managers, the US dominated financial markets this year. The investment firm believes […] Insider Monkey ? 26 minutes ago MA ^GSPC Taiwan Semiconductor Manufacturing Company Limited (TSM): Among 10 Best Fundamental Stocks to Invest In We recently compiled a list of the 10 Best Fundamental Stocks to Invest In. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against other best fundamental stocks. As per Ameriprise Financial, the broader stock market continued to climb in Q3 2024, despite surprises that […] Insider Monkey ? 31 minutes ago TSM ^GSPC Stocks Open Higher After Jobs Growth Slows Markedly The stock market opened higher Friday morning after the October jobs report came in weaker than expected. The Dow Jones Industrial Average is up 0.4%, while the S&P 500 has gained 0.5% and the Nasdaq Composite has advanced 0. Barrons.com ? 49 minutes ago COMP ^GSPC ^DJI Bond Traders Reload Bets on Fed Cuts After Jobs: Markets Wrap (Bloomberg) -- The world’s biggest bond market climbed after the latest jobs report bolstered speculation the Federal Reserve will cut rates next week, with stocks also rising.Most Read from BloombergIs Denver’s Big Bet on E-Bikes Paying Off?The Answer To Making Cities More Family-Friendly? CourtyardsChicago Mayor Seeks Property Tax Hike, Breaking Campaign VowNY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkA South Korean City Plays Matchmaker to Tackle a Fertility CrisisTreasury tw Bloomberg ? 53 minutes ago ^GSPC Wall Street Set to Open Higher Friday; Unemployment Rate Unchanged at 4.1% Wall Street Set to Open Higher Friday; Unemployment Rate Unchanged at 4.1% PREMIUM MT Newswires ? 1 hour ago ^GDAXI ^DJI ^GSPC Weak US Oct payrolls growth skewed by storms, strikes Nonfarm payrolls increased by 12,000 jobs last month after surging by a downwardly revised 223,000 in September, the Labor Department said on Friday. "(The Fed) were pretty locked in, no matter what this report was going to say, because of just the uncertainty around hurricane impacts. Reuters ? 1 hour ago ^GSPC Stock Futures Hold Gains After Weaker-Than-Expected Jobs Report The stock market really likes the cooler-than-expected jobs report. Dow Jones Industrial Average futures were 0.4% higher, with the S&P 500 signaling a 0.5% gain and the Nasdaq Composite signaling a 0.6% rise at the open. The economy added 12,000 jobs this October, below economists' call for 112,500 and September’s 223,000, which the Bureau of Labor Statistics revised a bit lower. Barrons.com ? 1 hour ago COMP ^GSPC ^DJI The Dow Has Predicted 22 of the Past 24 Presidential Elections. What It Says About Trump and Harris’ Odds of Winning. The stock market’s performance bodes well for Harris. While the stats are tantalizing, history isn’t necessarily predictive. Barrons.com ? 1 hour ago ^GSPC ^DJI Trending tickers: Apple, Amazon, Nvidia, Intel and Microsoft The health of the tech industry and its links to AI is in focus, with computing giants and chip manufacturers reporting results. Yahoo Finance UK ? 1 hour ago ^FTSE GBPEUR=X GBP=X Jobs report shock: Hiring cools as hurricanes, Boeing strike stall gains The October jobs report showed a big decline in hiring as storms and strikes disrupted labor markets. TheStreet ? 1 hour ago BAAPV ^TNX ^GSPC Friday's FTSE 100 risers and fallers: Tesco, Frasers and EasyJet Investor updates on the companies trending on the UK blue-chip index on Friday. Yahoo Finance UK ? 1 hour ago TWODF TWODY BZLEY Stock Futures Rebounding After Selloff as Jobs Take Spotlight From Big Tech The World Series of Big Tech earnings is over–but don’t take a breather just yet. At first glance, the earnings look like a mixed bag–while Amazon beat Wall Street’s forecasts, Apple just about topped estimates but issued weaker-than-expected guidance for the current quarter. The tech-heavy Nasdaq Composite had plunged 2.8% on Thursday in a brutal selloff sparked by rising AI expenses, but futures tied to the index pointed to a rebound on Friday, rising 0.4%. Barrons.com ? 2 hours ago COMP 5 Best-Performing ETFs of October Wall Street delivered a muted performance in October. But these ETFs returned more than 10%. Zacks ? 2 hours ago ^GSPC META Cboe beats third-quarter profit estimates on strong hedging activity A robust equities market, shifts in the U.S. Federal Reserve's key policy rates and the potential economic fallout from the Middle East conflict have investors and portfolio managers on edge, prompting them to hedge their positions. Cboe's options trading business revenue grew 10% compared with last year, while futures revenue climbed 17%. Demand for options contracts opened on the same day they expire, or 0DTE (zero-days-to-expiry), grew 7% compared to last year and comprised 48% of S&P 500 volumes in the reported quarter. Reuters ? 2 hours ago CBOE ^GSPC Not Sure Which Chip or Artificial Intelligence (AI) Stock to Buy? Check Out This ETF Instead. The VanEck Semiconductor ETF is a great way to invest in the chip sector. Motley Fool ? 3 hours ago ^GSPC
