Morgan Stanley analyst Jorge Kuri downgrades StoneCo (NASDAQ:STNE) from Overweight to Equal-Weight and announces $15 price target.
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.
