The US October labor market report, due November 6, is expected to show a stronger-than-anticipated increase in non-farm payrolls, with forecasts around 65,000 new jobs, more than double the previous 29,000. This optimism is based on recent US PMI data and weekly jobless claims. However, the report also notes a lagging indicator and warns that the unfolding AI bubble burst could weaken the labor market soon. This potential weakening may prompt the Federal Reserve to consider cutting interest rates in its next move.
The October US labor market report preview offers context for readers tracking employment trends. For readers following US stocks on Pluang as of Oct 31, 2026 18:41 WIB: out of 150 priced US stocks, 47 rose and 103 fell. Notable movers include Nokia Corp (NOK) at USD 8.53 with a 1-day change of -8.38% and Pluang order activity showing 75% Sell / 25% Buy, FuelCell Energy Inc (FCEL) at USD 11.22 down 7.88% with 39% Sell / 61% Buy, and Snowflake Inc (SNOW) at USD 305.29 down 7.56% with 48% Sell / 52% Buy.
ExxonMobil and Chevron posted strong third-quarter 2026 earnings, driven by robust cash flow, operational efficiency, and strategic investments. ExxonMobil reported $15.4 billion in earnings and plans a $20 billion share buyback in 2027, while Chevro...
Demand for senior housing is rising as baby boomers turn 80, while new construction remains low, pushing rents and occupancy higher. Four equity REITs—Welltower, Ventas, CareTrust, and Sabra Health Care—are benefiting, but their dividend safety varie...
Circle reported $701.3 million in combined revenue and reserve income for Q2, a 6.6% increase year-over-year, driven by a 25.2% rise in average daily USDC circulation to $73.3 billion. However, reserve income growth was slower due to a decline in ass...
Ethereum ETFs experienced $431 million in net outflows over five days ending October 30, reflecting weakening institutional demand despite attempts to defend the $2,200 price level. The selloff accelerated following a $6.3 billion Binance security br...
Bitcoin trades near $77,000 following a major security breach at Binance that caused widespread liquidations and $643 million in outflows from US spot Bitcoin ETFs, signaling weakened institutional demand. The cryptocurrency remains about 39% below i...
