Veytics Intelligence
2026-11-06 · Yahoo

Strong October jobs report sends yields higher - Yahoo Finance

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NEW YORK, Nov 6 (Reuters) - US nonfarm payrolls rose more than expected in October and the unemployment rate fell to 4.1%, suggesting the labor market remained resilient and giving the Federal Reserve more scope to focus on inflation stemming from the Middle East conflict. Payrolls rose by jumped by 165,000 jobs last month after an upwardly revised 60,000 gain in September, the Labor Department's Bureau of Labor Statistics said on Friday. Economists polled by Reuters had forecast payrolls advancing 65,000 after a previously reported 29,000 increase in September. STOCKS: US stocks were mixed following the report, with the Nasdaq up 1.7% and the S&P 500 up 0.6% and the Dow Jones Industrials down 0.6%.

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