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

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 and wearables to "decelerate significantly."Stocks close higher as the market anticipates an end to Fed hikes The Tempe- Arizona based company posted adjusted earnings of $3.60 per share, versus estimates for a loss of 78 cents. Revenue of $2.77 billion came in line with expectations. The pre-owned car retailer's total gross profit per unit, or GPU jumped 70% year-over-year to $5,952.

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