Stock market news today: Stocks jump as jobs growth cools more than expected

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The October jobs report showed a bigger slowdown in hiring than forecast, reinforcing hopes for an end to Fed hiking.

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%.

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."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.

CALGARY — Enbridge Inc. says its most recent quarter delivered a profit of $500 million as it announced the acquisition of three U.S. gas utilities. The Calgary-based pipeline giant says its second-quarter profit compared with $1.3 billion a year earlier. Enbridge's third-quarter profit amounted to 26 cents per share for the quarter ended September 30 compared with 63 cents per share in the same quarter a year earlier.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 47. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market news today: Stocks rise with Fed rates decision on deckInvestors are laser-focused on the Fed policy statement and Chair Jerome Powell's comments for clues to how interest rates will evolve.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market news today: Stocks rise as Fed holds rates steadyIn a move widely expected by investors, the Federal Reserve opted to hold interest rates steady at their latest meeting on Wednesday,
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market news today: Stocks rally, tech surges after Fed leaves rates unchangedIn a move widely expected by investors, the Federal Reserve opted to hold interest rates steady at their latest meeting on Wednesday,
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market news today: Stocks rise as investors bet on end to Fed hikesInvestors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market news today: Tech stocks slip amid Apple gloom, with jobs report on deckApple's disappointing growth outlook is weighing on spirits as investors look to the crucial October jobs report.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »