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Asia Market Rise, Europe Slides, Crude Stays Above $80 – Global Markets Today While Us Was Sleeping

On Friday, November 3rd, the U.S. stock markets closed higher on falling bond yields amid slowing job growth and rising unemployment, signaling a potential pause in the Fed's rate hikes. In economic data, U.S. job growth slowed with 150,000 new positions in October, falling short of the expected 180,000, while unemployment edged up to 3.9% and wage growth modestly increased.

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Asia Up, Europe Markets Mixed; Gold Hovers Around $2,000 – Global Markets Today While US Was Sleeping

On Thursday, November 2nd, U.S. stock markets closed higher amid optimism that the Fed's rate hikes have peaked and positive quarterly reports boosted sentiment. U.S. weekly jobless claims rose slightly to 217,000, exceeding predictions of 210,000, while nonfarm business labor costs dropped by 0.8% in Q3 after a 3.2% previous quarter increase.

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