Markets Trade to Session Highs Amid Soft Jobs Numbers
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Change in Nonfarm Payrolls 161K vs 173K Expected; UE Rate 4.9% vs 4.9% Expected
November 4, 2016 8:30 AM EDTChange in Nonfarm Payrolls 161K vs 173K Expected; UE Rate 4.9% vs 4.9% Expected
Total nonfarm payroll employment rose by 161,000 in October, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, professional and business services, and financial activities.
Household Survey Data
The unemployment rate, at 4.9 percent, and the... More
