The US economy added 165,000 jobs in October, far exceeding the expected 59,000, signaling strong labor market health. The unemployment rate dropped to 4.1%, better than the forecasted 4.2%. Revisions for August and September also showed higher job gains than initially reported. Wage growth was solid with average hourly earnings rising 0.4% monthly and 3.1% annually, while job gains were broad across sectors like professional services, healthcare, transportation, and manufacturing, indicating robust economic activity.
The U.S. economy's job growth and unemployment rate as of Nov 06, 2026 20:21 WIB provide context for market conditions. For readers following U.S. stocks, here is Pluang's market snapshot: out of 150 priced US stocks tradable on Pluang, 60 rose and 85 fell today. Notable movers include Airbnb, Inc. (ABNB) at USD 194.00 with a 14.03% increase and a typical hold time of 141 days, ASE Technology Holding Co Ltd (ASX) at USD 33.25 up 11.88%, and Marvell Technology Inc (MRVL) at USD 146.61 with a 9.78% rise. The highest one-day change was Airbnb's 14.03%.
Nexans has signed a subcontract to deliver a 420 km mass-impregnated 110 kV cable system for the 1 GW, 320 kV Corinth-Kos HVDC interconnection in Greece. This project, awarded to Hellenic Cables and partners, will connect the Dodecanese islands to ma...
Guggenheim analyst Howard Ma raised JFrog's price target to $125, signaling a 67.5% potential upside from its current price of $74.62. JFrog reported strong Q3 2026 results with revenue up 31% year-over-year to $179.2 million, driven by a 60% surge i...
The Indonesia data center market is projected to grow from USD 2.08 billion in 2027 to USD 4.05 billion by 2032, at a CAGR of 14.28%. Growth is fueled by expanding hyperscaler cloud infrastructure, rising digital workloads, increasing demand for colo...
US nonfarm payrolls increased by 165,000 in the last month, well above the expected 60,000, while the unemployment rate fell to 4.1% from 4.2%. This stronger-than-expected labor market data is causing renewed pressure on gold prices, which recently t...
The Federal Reserve ended its rate pause in September 2026, with markets pricing in another hike by December. Historically, consumer staples stocks such as Costco, Walmart, Procter & Gamble, and Coca-Cola have shown resilience during rate hike cycles...
