Stocks Shake Off Weak Jobs Number

November 1, 2024

MRKT Matrix - Friday, November 1st

  • Stocks climb to start November as traders look past weak jobs report (CNBC)

  • U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike (CNBC)

  • Apple Sparks Concerns With Tepid Forecast, China Weakness (Bloomberg)

  • Analysts stay bullish on Apple with hopes of an iPhone upgrade boom (CNBC)

  • Tech Giants See AI Bets Starting to Pay Off (WSJ)

  • OpenAI launches ChatGPT search, competing with Google and Microsoft (CNBC)

  • Exxon, Chevron Beat Estimates on Higher Permian Oil Production (Bloomberg)

  • S&P 500 Earnings Season Update: November 1, 2024 (FactSet)

  • Bitcoin Rally Masks Bleaker Picture in the Crypto World (Bloomberg)

  • Boeing Union Endorses Latest Offer to End Crippling Strike (Bloomberg)

  • A fast-changing Chinese coffee market awaits Starbucks CEO Brian Niccol (CNBC)


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