Dow jumps 300 points after soft jobs report, heads for best week since October 2022: Live updates
Publishing timestamp: 2023-11-03 13:47:50
Summary
The stock market had a strong week, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all posting gains. The jobs report came in weaker than expected, suggesting that the Federal Reserve's efforts to cool the economy and stifle inflation may be working. Bond yields dropped in response to the report. Apple issued a weak revenue outlook, but other companies such as Block and Paramount Global reported strong earnings. Overall, the sentiment is mixed, with some positive and negative factors impacting the market.
Sentiment: MIXED
Tickers: SQ, .IXIC, LYV, PACW, .DJI, @SP.1, @ND.1, @DJ.1, WAL, EXPE, FTNT, BILL, .SPX, QSR, TLT, KRE, PARA, AAPL,
Keywords: business news, apple inc, markets, live nation entertainment inc, block inc, united states, s&p 500 index, nasdaq composite, dow jones fut (mar'23), nasdaq 100 fut (mar'23), s&p 500 fut (mar'23), stock markets, paramount global, breaking news: markets, dow jones industrial average,
Source: https://www.cnbc.com/2023/11/02/stock-market-today-live-updates.html