15-April-2024

Asia Market Rise, Europe Slides, Crude Stays Above $80 - Global Markets Today While Us Was Sleeping

Grand News Network | November 6, 2023

On Friday, November 3rd, the U.S. stock markets closed higher on falling bond yields amid slowing job growth and rising unemployment, signaling a potential pause in the Fed's rate hikes.

In economic data, U.S. job growth slowed with 150,000 new positions in October, falling short of the expected 180,000, while unemployment edged up to 3.9% and wage growth modestly increased.

The S&P 500 saw gains in most sectors, with real estate leading the charge, up 2.4%, while energy was the sole decliner, dropping over 1% amid falling oil prices.

The Dow Jones Industrial Average rose by 0.66% ...

Full story available on Benzinga.com


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