US Stock Indexes Rally Amid Mixed Jobs Report on November 1, 2024

Reported 24 days ago

On November 1, 2024, major US stock indexes saw gains led by Amazon, despite a weak jobs report that heightened expectations for an interest rate cut. The S&P 500 rose 0.4%, Dow Jones by 0.7%, and Nasdaq by 0.8%, recovering from previous losses. For the year, the S&P 500 is up 20.1%, and the Dow and Nasdaq have also shown significant yearly gains.

Source: YAHOO

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