The Dow soars more than 560 points as markets bet the Fed is done with rate hikesĮconomists were expecting net job gains of 180,000 for the month and for the unemployment rate to hold steady at 3.8%, according to Refinitiv.
Santiago/Getty Images North America/Getty Images The Dow and the S&P 500 both had loss for the month of October marking the first three-month losing streak for both indexes since March 2020. Stocks opened up slightly high amid Federal Reserve Chairman Jerome Powell's news conference and a decision on interest rates. People walk past the New York Stock Exchange during morning trading on Novemin New York City.
