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U.S. stocks charged higher Friday morning as traders assessed monthly employment figures and weighed talks that China may ease COVID restrictions. The S&P 500 (^GSPC) bounced 1.4% at the start of trading but was poised for a weekly loss. The Dow Jones Industrial Average (^DJI) jumped 330 points, or 1%, while the technology-focused Nasdaq Composite (^IXIC) advanced 1.5%. The U.S. economy added 261,000 jobs in October, while September’s reading was upwardly revised to 315,000 from 263,000… Source link

This article is part of our Yahoo DFS Basketball series. After only two games last night, the league returns with 24 teams in action Friday. Among the more exciting matchups will feature the Celtics hosting the Bulls. The Bucks will also take the floor in Minnesota to face the Timberwolves and their new-look frontcourt. The Warriors will be playing the second game of a back-to-back staying on the road to meet the Pelicans, who will look to bounce back after losing in OT to the… Source link

The U.S. economy added more jobs than expected in October even as the Federal Reserve pressed on with the central bank’s most aggressive monetary tightening campaign in decades. Here are the highlights from the Labor Department’s monthly jobs report released Friday, compared to consensus estimates from Bloomberg: Non-farm payrolls: +261,000 vs. +195,000 expected Unemployment rate: 3.7% vs. 3.6% expected Average hourly earnings, month-over-month: +0.4% vs. +0.3% expected Average hourly earnings,… Source link

Lawmakers sent letters to Apple and Google with concerns about TikTok and other apps on their app stores. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Two members of Congress have sent letters to the chief executives of Apple and Google accusing them of failing to act on security weaknesses and surveillance threats posed by apps on their app stores: most notably, TikTok’s ability to monitor keystrokes on outside websites through its in-app browser. The… Source link

This article is part of our Yahoo DFS Hockey series. Friday is an unusual one for the NHL. There are only two games, and one of them is starting at 2:00 p.m. ET. Why? Because it is happening in Finland. The league has largely cleared out to give that matinee offering a showcase. Pickings are slim for your lineups, but here are some players to target, and to avoid, for DFS purposes. GOALIE Alexandar Georgiev, COL vs. CLM ($35): When you see a goalie posting a .918 save percentage but a… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, Nov. 4, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Read this and more market news on the go with Yahoo Finance App. Avid watchers of Yahoo Finance’s live programming might have noticed a theme emerging over the past week regarding the Federal Reserve meeting… Source link

Wall Street is sipping on Starbucks shares after a better than expected quarter sparked optimism on a broader rebound in the business next year. Starbucks stock gained 3% in premarket trading on Friday as fiscal fourth quarter sales, U.S. same store sales and profits handily beat analyst forecasts. The coffee giant had one of the Top 10 most visited ticker pages on Yahoo Finance ahead of the opening bell. On a call with analysts, execs stuck with upbeat guidance for earnings growth of 15% to… Source link

After only two games last night, the league returns with 24 teams in action Friday. Among the more exciting matchups will feature the Celtics hosting the Bulls. The Bucks will also take the floor in Minnesota to face the Timberwolves and their new-look frontcourt. The Warriors will be playing the second game of a back-to-back staying on the road to meet the Pelicans, who will look to bounce back after losing in OT to the Lakers. With so many options to consider, let’s get to the task at hand… Source link

Kyrie Irving apologized Thursday for posting a documentary with antisemitic conspiracy theories and falsehoods on Twitter, a few hours after he was suspended five games without pay by the Brooklyn Nets. The apology, published on Instagram, came a little more than a week after the Nets star posted the offensive tweet, which has since been deleted. Irving conceded the video “contained some false anti-Semitic statements, narratives, and languages that were untrue and offensive to the Jewish… Source link

Friday is an unusual one for the NHL. There are only two games, and one of them is starting at 2:00 p.m. ET. Why? Because it is happening in Finland. The league has largely cleared out to give that matinee offering a showcase. Pickings are slim for your lineups, but here are some players to target, and to avoid, for DFS purposes. GOALIE Alexandar Georgiev, COL vs. CLM ($35): When you see a goalie posting a .918 save percentage but a 2.81 GAA, you get worried about the number of shots he’s… Source link