October Job Growth Falls Short, Tech Stocks Rise Led by Amazon and Intel

Reported 25 days ago

In October, the U.S. added only 12,000 jobs, a significant shortfall from the anticipated 100,000, leaving the unemployment rate steady at 4.1%. Meanwhile, tech giants Amazon and Intel experienced substantial stock gains after reporting better-than-expected earnings, with Amazon's growth driven by its cloud services and Intel's by impressive Q3 results. The economic data will influence the Federal Reserve's upcoming decision.

Source: YAHOO

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