Why The Stock Market Is Unfazed By October's Jobs Data Miss

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Fri, 11/01/2024 - 1:51pm

Why the stock market is unfazed by October's jobs data miss

Sections: u.s.

BING NEWS:

Weak jobs data can’t stop 10-year yield’s climb as stock-market rally lost steam
Bond-market traders shook off Friday’s weak nonfarm payrolls report for October by sending the benchmark 10-year yield to its highest level since early July, which may have sapped some momentum out of ...
11/1/2024 - 11:13 am | View Link
Why the stock market is unfazed by October's jobs data miss
The three major indexes (^DJI,^GSPC, ^IXIC) are moving higher after the jobs report showed the unemployment rate held steady in October while only 12,000 jobs were added in the month, compared to the ...
11/1/2024 - 10:26 am | View Link
U.S. Added 12,000 Jobs In October—Final Labor Market Datapoint Before Election Far Worse Than Expected
The U.S. labor market grew by much less than expected in October, according to a government report released Friday morning, providing the final major update on the state of the American economy ahead ...
11/1/2024 - 9:14 am | View Link
Understanding October’s low jobs report
The October jobs report was recently released, and the numbers were alarmingly low. However, despite this seemingly negative news, the stock market is rallying. This article explores the reasons ...
11/1/2024 - 8:02 am | View Link
Employers Added Just 12,000 Jobs in October—but There’s a Catch
Storms and strikes are complicating the true picture of the labor market, economists say. Nonetheless, there’s still evidence of a gradual cooling.
11/1/2024 - 6:54 am | View Link
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