Power Breakfast: US Market Snaps 4-Day Losing Streak; Unemployment Rate Rises From 3.5% To 3.7%

Dow Jones rose 400 points amid volatility on Friday. At the same time, the Nasdaq and S&P 500 jumped by 1.3%. There is a fear of increasing covid restrictions in China. Apple reduced production in China. In October, 2.6 Lk new jobs were added, estimate was 2 lakhs. The unemployment rate increased from 3.5% to 3.7%.

Updated on: November 07, 2022, 08.47 AM IST
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