Payrolls Rebound as Jobless Rate Falls to 17-Year Low
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U.S. employers hired at a strong pace in October, and revisions showed the labor market weathered hurricane damage better than previously estimated. Nonfarm payrolls rose by 261,000 in October, a pickup from the prior month. The unemployment rate fell to 4.1%, the lowest since 2000.
Apple Results, Jobs Report Buoy Stocks
Technology shares led stocks higher, boosted by a jump in Apple after the tech giant delivered its best quarterly growth in two years.
Venezuela Bondholders Get Pounded by Talk of Reworking Country's Debt
Venezuelan bonds tumbled after President Nicolás Maduro said the cash-strapped nation would seek to restructure its debt, confounding bondholders and analysts who say there is no clear way forward because of U.S. sanctions.
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Oil Prices Hit Two-Year High, Fueled by Global Growth
The global economy has seen rapid growth in oil-consuming sectors such as trade and industrial activity, absorbing the surplus fuel supplies that have weighed on the market.
Private-Equity Firms Oppose Tax Bill-but Things Could Be Worse
House Republicans' tax proposal faces stiff opposition from private-equity firms that say it threatens to disrupt their business model, which often relies on ladling debt onto acquisition targets.
U.S. Trade Gap Expanded Modestly in September
The U.S. trade deficit widened in September, reflecting imports increasing to the highest level since January.
Head of World's Largest Exchange Embarks on Bitcoin Gambit
Terrence Duffy, chairman and CEO of CME Group, could notch a major achievement if digital-currency futures take off, but the move risks harming the exchange's reputation.
Goldman Retreats From Options as Stock Derivatives Trading Struggles
Waning stock volatility is pressuring the equity derivatives business, suppressing revenue and driving traders out of what was once a key Wall Street moneymaker.
U.S. Oil and Gas Rig Counts Fall
The number of rigs drilling for oil in the U.S. fell this week by eight to 729, Baker Hughes, a GE company, reported.
Canada Employment Climbs in October on Full-Time Surge
Canada added jobs in October at a stronger-than-expected pace amid a slowing economic backdrop, with full-time employment surging and wage gains accelerating for a second straight month.
(END) Dow Jones Newswires
November 03, 2017 17:15 ET (21:15 GMT)