Dow Jones Hits Milestone: 34,000+ After 225-Point Friday Surge! , Rise in US for the fifth consecutive day
Zee Business Video Team | Updated: November 6, 2023 10:42 am
Global Market Updates: Rise in US for the fifth consecutive day on Friday... Dow jumped by 225 points and crossed 34,000... S&P 500 Index rose 1%, Nasdaq rose 1.4%... Outperformance of small caps... Russell 2000 Index jumped 2.7%, biggest weekly rise in 1 year... 1.5 lakh new jobs added in October (Est. was 1.7 Lk)... 50% decline in new jobs in October compared to September... Unemployment rate Increase to 3.9%, the highest since January 2022... Pressure on 10-year bond yield increased after the jobs report... 95% experts do not expect any increase in the December policy... Last week, 20% of experts did not expect rates to rise. An increase was expected in... Fed will not raise rates now: Goldman Sachs... Mixed business in Europe... Gold prices are sluggish, near $2000... Slight decline on a weekly basis... Dollar Index Commodity got support due to the heavy fall of... After September 20, the dollar index fell below 105... Crude slipped for the second consecutive week with a weekly decline of 6%... Crude oil fell by 2.5% on Friday.
