US Employers Added Just 12,000 Jobs in October
America’s employers added just 12,000 jobs in October — a marked slowdown that economists attribute largely to disruptions from strikes and recent hurricanes.
The latest report paints an ambiguous picture of an economy that has become a focal point in the final days of a high-stakes presidential race.
The October job gains fell well short of the 223,000 jobs added in September,
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Read MoreWeak October jobs report gives Fed ammo for rate cut
Al Drago/Bloomberg
A weak jobs report has given the Federal Reserve a clear runway to cut interest rates next week — if it wants to.
The U.S. economy added just 12,000 jobs in October,
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Read MoreDow up 200 points after October payrolls report
U.S. stocks opened higher on Friday after a dismal October payrolls report left traders with the impression that the U.S. economy isn’t overheating, allowing the Federal Reserve to follow through with more interest-rate cuts.
The S&P 500 was up 29 points, or 0.5%, at 5,735.
The Dow was up 258 points,
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Read MoreWhy the Energy Sector May be a Post-Election Safe Haven
As readers here will know all too well, energy markets are notoriously volatile. The commodities that underlie them and therefore the stocks in the sector are subject to multiple influences such as the geopolitics of the Middle East, the prospects for global growth, and the conflict between declining sentiment around fossil fuels but increasing demand for them as energy needs explode.
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Read MoreNewsletter | Mutual Funds that have delivered up to 72% returns; US Elections 2024 & more
From a close look at mutual funds that delivered up to 72% returns last year to key updates from US Elections 2024 — Here are the top 11 news stories across business, global events, tech, and more
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Sagility India IPO opens today: Should you subscribe to this issue?
Sagility India Ltd.’s ₹2,107 crore initial public offering (IPO) will kick off for subscription today,
Read MoreThe Burst
2 Trading Tips To 2x Your Returns
In 2020, a shocking report revealed that 90% of actively managed portfolios failed to beat the market over a 15 year time horizon.
According to the S&P SPIVA report, a full 88.4% of managed equity funds underperformed the market.
Many of the fund managers are Ivy League-trained with impeccable pedigrees and intellect,
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Read MoreThe Ivy
Alert: 1 Fast Growth Stock To Buy On The Dip
Investment Alert: Buy Teladoc (TDOC) Under $23/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
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