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    • Dow, Nasdaq, S&P 500 recover; Intel, Nvidia, Apple, Trump Media, more movers; Jobs Report; Iran Israel fears an attack that will cause oil prices to rise
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    Dow, Nasdaq, S&P 500 recover; Intel, Nvidia, Apple, Trump Media, more movers; Jobs Report; Iran Israel fears an attack that will cause oil prices to rise

    Vaseline Posted on

    The stock market is heading into the race to start November, thanks to a weaker-than-expected jobs report.

    The Dow Jones Industrial Average is up 1.1%, while the S&P 500 is up 1% and the Nasdaq Composite is up 1.2%.

    The US added 12,000 jobs in October, below estimates and below September’s result. That means inflation could continue to fall and the Federal Reserve could cut rates again next week.

    Lower interest rates will support economic growth, corporate revenue and earnings growth, and it makes stocks look more attractive versus bonds.

    This is especially true now that government bond yields fell on Friday.

    Vaseline
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