Investing.com – Before the market opened on Friday (1st), U.S. stock index futures rose, with the Dow futures rising by more than 200 points and the Nasdaq futures rising by more than 100 points. The previous non-farm payroll data was shocking and fell sharply beyond expectations. It raised expectations that the Federal Reserve will continue to cut interest rates.
Data showed that new non-agricultural employment dropped sharply to 12,000 from 223,000 in September, well below expectations of 106,000. At the same time, the unemployment rate remained at 4.1%. However, average hourly earnings growth rose to 0.4% from 0.3% in September.
After the data was released, U.S. stock index futures expanded their gains, gold rose, and the U.S. dollar and U.S. bond yields fell.
We will also need to pay attention to the manufacturing PMI data later.
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stocks before market opening
Apple Inc (NASDAQ: ) fell 1.8% after Apple forecast revenue growth of only low to mid-single digits for the quarter ending in December, below Wall Street expectations.
Shares of e-commerce giant Amazon.com (NASDAQ:) rose 7% after the company’s third-quarter earnings beat analysts’ expectations, but its guidance for the next quarter was lower than expected.
Chipmaker Intel Corp (NASDAQ: ) shares rose 5.3% after the company expressed optimism about the future of its PC and server businesses and forecast higher-than-expected revenue for the current quarter.
Exxon Mobil (NYSE: ) rose 1.8% after its third-quarter earnings beat estimates, raised its fourth-quarter dividend and returned $9.8 billion to shareholders in the quarter.
Chevron (NYSE: ) rose 2.1% after third-quarter earnings and revenue beat estimates and it returned more than $7 billion to shareholders.
Boeing Co (NYSE: ) shares rose 2.3% after the union representing about 33,000 striking workers accepted a new pay package from the plane maker that includes a 38% raise over the next four years.
Software company Atlassian (NASDAQ: ) shares rose 20% after the company raised its annual revenue growth forecast and expected a surge in demand from enterprise customers for its cloud software.
Financial services company B. Riley Financial (NASDAQ: ) shares rose 0.5% after the company announced plans to sell part of its wealth management business to Stifel Financial (NYSE: ), which rose 0.9%, with a cash value of $ 2,700 Between 10,000 and 35 million US dollars.
United Microelectronics (NYSE:) rose 3.6%, Q3 wafer shipments rose 7.8% month-on-month, and JPMorgan issued a hold rating for the first time.
TSMC (NYSE:) (TW:) rose 2% and is expected to receive the first batch of the world’s most advanced high numerical aperture extreme ultraviolet lithography machines by the end of the year.
Most of the Big Seven rose.
Chinese concept stocks
The China Concept Internet ETF KraneShares CSI China Internet (NYSE:) rose 0.99%.
NIO (NYSE:) (HK:) rose 0.59%. NIO will deliver 21,000 vehicles in October 2024, a year-on-year increase of 30.5%. Among them, the Weilai brand delivered 16,700 vehicles and the Ledo brand delivered 4,319 vehicles.
Li Auto (NASDAQ:) (HK:) rose 0.44%. In October 2024, Li Auto delivered 51,443 new cars, a year-on-year increase of 27.3%.
Xpeng Motors (NYSE:) (HK:) rose 0.98%. In October 2024, Xpeng Motors delivered a total of 23,917 smart electric vehicles, setting a new record for monthly delivery volume, with a year-on-year increase of 20% and a month-on-month increase of 12%.
other markets
European stocks rose collectively.
Most Asia-Pacific stock markets fell.
fell and fell below the 104 mark again.
Benchmark U.S. Treasury yields fell.
Comex, the New York Mercantile Exchange, rose.
rose 2%.
financial report
Pre-open: Dominion Energy (NYSE: ). Fubotv(NYSE:).
For all today’s financial reports, please visit Investing.comEarnings Calendar。
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