[ad_1]
Stocks futures jumped on Friday as investors weighed a cooling in jobs growth that could reinforce hopes that the Federal Reserve is done with its rate-hiking campaign.
Dow Jones Industrial Average (^DJI) futures rose 0.4%, while S&P 500 (^GSPC) futures added almost 0.4%, while contracts on the tech-heavy Nasdaq 100 (^NDX) put on almost 0.3%, with all three gauges coming back from losses earlier in the morning.
The US economy added 150,000 jobs in October, undershooting the 180,000 reading expected, with auto industry strikes a factor, the Bureau of Labor Statistics said. The unemployment rate ticked higher to 3.9%.
The health of the labor market is a key input for Fed policymakers, and the signs of a slowing economy should support the case for the central bank to hold off from another rate hike this year.
Read more: What the Fed rate-hike pause means for bank accounts, CDs, loans, and credit cards
Tech stocks were recouping losses earlier in the morning after disappointing results from Apple (AAPL). While Apple’s earnings beat estimates in its quarterly report after the bell, the iPhone maker was cautious in its outlook for growth, saying it expects sales of iPads, Macs and wearables to “decelerate significantly.”
Investors are weighing what that could mean about the resilience of consumer, and whether the series of disappointing earnings this season might feed into the Fed’s assessment of how its tightening is dampening the economy.
-
October jobs report shows slowdown in growth
The monthly labor report from the Bureau of Labor Statistics showed 150,000 nonfarm payrolls were added to the labor market in October, compared with the consensus estimate of 180,000 from economists surveyed by Bloomberg. It marks a fall in growth from the 334,000 reading in September.
The unemployment rate ticked higher at 3.9%, after coming in at 3.8% the previous month.
-
Tech stocks struggle with focus on Apple, jobs report
Tech stocks slipped amid muted trading on the major US stock gauges as investors assessed Apple’s cautious sales outlook and waited for the October US jobs report.
Futures on the tech-heavy Nasdaq 100 (^NDX) fell 0.19%, while S&P 500 (^GSPC) futures dropped 0.06%. Contracts on the Dow Jones Industrial Average (^DJI) were down 0.03%, or 29 points.
Click here for the latest stock market news and in-depth analysis, including events that move stocks
Read the latest financial and business news from Yahoo Finance
[ad_2]
Source link
websites to write essays custom research paper writing i need help with my essay
my family essay writing buy nothing day essay college essay writing help
buy aldactone cheap generic propecia 5mg buy proscar 5mg generic
buying a term paper buy a dissertation top essay writers
aldactone generic propecia ca order propecia generic
spironolactone 25mg over the counter spironolactone drug buy finasteride pill
order aldactone 100mg generic propecia 1mg sale buy propecia pills for sale
buy spironolactone 25mg pills buy valtrex 500mg for sale propecia order online
spironolactone 100mg pills buy aldactone cheap finasteride drug
write my assignment for me websites for essay writing academic writing services uk
aldactone 100mg price order spironolactone 25mg generic finpecia without prescription
buy cheap generic spironolactone valacyclovir for sale online buy finpecia
affordable thesis writing essays online to buy my family essay writing
aldactone us purchase proscar for sale finasteride usa
write thesis term papers writing write research paper
aldactone cost buy spironolactone 25mg for sale buy generic propecia
buy aldactone generic proscar buy online finpecia canada
buy generic aldactone valtrex for sale propecia without prescription
buy spironolactone 100mg generic buy valacyclovir 1000mg online proscar 1mg oral
purchase spironolactone order propecia 1mg without prescription brand proscar
order aldactone 100mg for sale buy valtrex 1000mg sale buy generic finasteride 5mg
aldactone 100mg over the counter valtrex order online finasteride pills
aldactone 25mg us buy valtrex 1000mg online finasteride 1mg usa
purchase aldactone sale valtrex uk proscar 1mg usa
cheap essay writer buy a research paper online buy essay paper
oral spironolactone 100mg order propecia 1mg online cheap order proscar 5mg generic
oral aldactone proscar price buy generic propecia
term papers for sale best college paper writing service professional paper writers
cheap dissertation help essay edit writing assignments
aldactone 25mg over the counter finasteride pill order propecia 1mg
editing essays college essay service help writing a paper
order aldactone 100mg for sale aldactone 25mg usa purchase proscar sale
buy spironolactone generic valtrex 500mg brand order proscar 1mg online
order spironolactone 100mg generic buy spironolactone 25mg generic finasteride online
buy aldactone 100mg online buy generic aldactone 100mg proscar 1mg drug
help with writing a paper cheap thesis binding essay edit
aldactone where to buy proscar online finasteride generic
Пентралапон — это экологически чистый строительный материал http://velokan.com/gonow/pentralapon-astra.ru представляет собой смесь для ручной и автоматизированной отделки стен, потолков и других поверхностей.
do my term paper best essay writers online help with papers
Пентралапон — это экологически чистый строительный материал https://www.egernsund-tegl.com/QR?url=http://pentralapon-astra.ru представляет собой смесь для ручной и автоматизированной отделки стен, потолков и других поверхностей.
spironolactone 25mg over the counter valacyclovir 500mg brand propecia 5mg canada
aldactone where to buy order generic finasteride 1mg buy proscar pills
aldactone 100mg brand buy finasteride generic buy proscar without prescription