Dow closes nearly 300 points higher to begin November as investors shake off weak jobs report: Live updates
Publishing timestamp: 2024-11-01 17:15:08
Summary
Stocks rallied on Friday as Amazon led big technology stocks into green and traders looked past a disappointing jobs report. Dow Jones, S&P 500, and Nasdaq Composite all ended the day higher. Amazon and Intel saw significant gains after exceeding earnings expectations. The jobs report showed a significant slowdown in job creation, but traders believe it was affected by hurricanes and labor strikes. Bitcoin slipped below $70,000 to start November. Major averages are wrapping up a choppy week, with some sectors outperforming while others underperform. Semiconductor stocks climbed higher, and Goldman Sachs updated its conviction list for November. Asia-Pacific markets traded lower ahead of the U.S. presidential election and China's parliament meeting.
Sentiment: MIXED
Tickers: EVR, .AXJO, SMH, ETR, NRG, SU, CAH, @ND.1, BTC.CM=, INTC, EL, .N225, .IXIC, SMCI, BA, TEAM, AMZN, @SP.1, AES, .DJI, .SPX, ONLN, XLY, XOM, MTH, MSFT, AAPL, NVDA, .HSI, @DJ.1, CVX,
Keywords: business news, nasdaq 100 fut (mar'23), microsoft corp, s&p 500 fut (mar'23), stock markets, dow jones fut (mar'23), united states, nasdaq composite, markets, personnel, boeing co, breaking news: markets, labor economy, s&p 500 index, amazon.com inc, dow jones industrial average, intel corp, chevron corp, exxon mobil corp,
Source: https://www.cnbc.com/2024/10/31/stock-market-today-live-updates.html