Reported 25 days ago
Global stock indexes rose on Friday, fueled by strong earnings from Amazon as investors awaited US payroll data ahead of the presidential election. Despite a stagnation in job growth due to industrial strikes and hurricanes, the unemployment rate remained steady at 4.1%. The S&P 500 and Dow Jones Industrial Average witnessed gains, while Treasury yields hit a four-month high. Overall, the market sentiment reflects caution amid economic uncertainties as investors prepare for potential shifts in fiscal policy depending on the election outcomes.
Source: YAHOO