Reported 24 days ago
US stocks began November on a positive note, with major indexes rising after a disappointing jobs report that showed only 12,000 jobs added in October, marking the lowest gains since December 2020. The report's weakness raised expectations for potential interest rate cuts by the Federal Reserve. Amazon's strong earnings boosted its stock by nearly 6%, while Apple's stock suffered a decline due to poor performance in China. The Dow Jones increased by nearly 300 points, closing at 42,051.80.
Source: YAHOO