US STOCKS-Wall St Rallies to Close Out Soft Week After Jobs Report

Reuters2022-11-05

Data shows strong jobs growth, uptick in jobless rateStarbucks, DoorDash jump on upbeat resultsU.S-listed China firms rise on reopening hopesDow up 1.26%, S&P 500 up 1.36%, Nasdaq up 1.28%U.S. stocks ...

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Comments

Mui 35933898
2022-11-09
Mui 35933898
Noted, thanks for sharing
PearlynCSY
2022-11-07
PearlynCSY
Dow futures slide 200 points as investors await midterm elections and inflation report. U.S. stock futures fell on Sunday as investors looked ahead to a week packed with the Congressional midterm elections, as well as the latest consumer inflation report. Dow Jones Industrial Average futures fell by 0.7%. S&P 500 and Nasdaq 100 futures dipped 0.8% and 0.9% respectively. Those moves follow Friday’s rally, when the Dow Jones Industrial Average gained nearly 1.3%. The S&P 500 rose 1.36%, and the Nasdaq Composite was 1.28% higher. Still, the major averages closed the week with losses. The Dow ended a four-week win streak on rate hiking fears. Tuesday’s midterm election will determine which party will control Congress, and impact the direction of future spending. Democrats current
- Alaw:
  [Happy]
- mikeong:
  cross finger
- Roarhigher:
  Ok
- MoneyCub:
  Oh no.
- cowsmile:
  Nj m
Prosperity88
2022-11-06
Prosperity88
Welll
BennyTay
2022-11-06
BennyTay
👍
- HOTBE:
  Yup
AlanChong
2022-11-06
AlanChong
Ok
Samuel123win
2022-11-06
Samuel123win
G

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The report showed an uptick in the unemployment rate in October, indicating some signs of slack may finally be starting to emerge in the job market and give the Fed room to downsize its rate hikes beginning in December.But the data also showed average hourly earnings rose slightly more than expected, as did job growth, pointing to a labor market that largely remains on firm footing.Labor market data has been a primary focus for markets as the Fed has repeatedly stated it is looking for some cooling before considering a pause in hikes. 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Dow Jones Industrial Average futures fell by 0.7%. S&amp;P 500 and Nasdaq 100 futures dipped 0.8% and 0.9% respectively. Those moves follow Friday’s rally, when the Dow Jones Industrial Average gained nearly 1.3%. The S&amp;P 500 rose 1.36%, and the Nasdaq Composite was 1.28% higher. Still, the major averages closed the week with losses. The Dow ended a four-week win streak on rate hiking fears. Tuesday’s midterm election will determine which party will control Congress, and impact the direction of future spending. Democrats current","listText":"Dow futures slide 200 points as investors await midterm elections and inflation report.&nbsp; U.S. stock futures fell on Sunday as investors looked ahead to a week packed with the Congressional midterm elections, as well as the latest consumer inflation report. Dow Jones Industrial Average futures fell by 0.7%. S&amp;P 500 and Nasdaq 100 futures dipped 0.8% and 0.9% respectively. Those moves follow Friday’s rally, when the Dow Jones Industrial Average gained nearly 1.3%. The S&amp;P 500 rose 1.36%, and the Nasdaq Composite was 1.28% higher. Still, the major averages closed the week with losses. The Dow ended a four-week win streak on rate hiking fears. Tuesday’s midterm election will determine which party will control Congress, and impact the direction of future spending. Democrats current","text":"Dow futures slide 200 points as investors await midterm elections and inflation report. U.S. stock futures fell on Sunday as investors looked ahead to a week packed with the Congressional midterm elections, as well as the latest consumer inflation report. Dow Jones Industrial Average futures fell by 0.7%. S&P 500 and Nasdaq 100 futures dipped 0.8% and 0.9% respectively. Those moves follow Friday’s rally, when the Dow Jones Industrial Average gained nearly 1.3%. The S&P 500 rose 1.36%, and the Nasdaq Composite was 1.28% higher. Still, the major averages closed the week with losses. The Dow ended a four-week win streak on rate hiking fears. Tuesday’s midterm election will determine which party will control Congress, and impact the direction of future spending. Democrats current","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/9987094402","repostId":2281680644,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104692107,"gmtCreate":1667790955103,"gmtModify":1667790971714,"authorId":3584139600168327,"author":{"id":3584139600168327,"authorId":3584139600168327,"name":"Alaw","avatar":"https://community-static.tradeup.com/news/bc03050d6071c04866678dc3471c4333","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9987094402,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">[Happy]</span>","text":"<span class=\"s1\">[Happy]</span>","html":"<span 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class=\"s1\">Ok<span class=\"Apple-converted-space\"> </span></span>","html":"<span class=\"s1\">Ok<span class=\"Apple-converted-space\"> </span></span>"},{"id":104692031,"gmtCreate":1667790771323,"gmtModify":1667790784550,"authorId":3559862059870297,"author":{"id":3559862059870297,"authorId":3559862059870297,"name":"MoneyCub","avatar":"https://static.tigerbbs.com/1f4ae708d214afbc1b0b1f68ecc65c7e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9987094402,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Oh no.<span class=\"Apple-converted-space\"> </span></span>","text":"<span class=\"s1\">Oh no.<span class=\"Apple-converted-space\"> </span></span>","html":"<span class=\"s1\">Oh no.<span class=\"Apple-converted-space\"> </span></span>"},{"id":104692028,"gmtCreate":1667790765287,"gmtModify":1667790779387,"authorId":3583487140484621,"author":{"id":3583487140484621,"authorId":3583487140484621,"name":"cowsmile","avatar":"https://community-static.tradeup.com/news/2c62a2d5e1474c3ee632f96214ea371f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9987094402,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Nj m</span>","text":"<span class=\"s1\">Nj m</span>","html":"<span class=\"s1\">Nj 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