Stocks Analysis by Michael Kramer covering: S&P 500, Microsoft Corporation, Apple Inc, Amazon.com Inc. Read Michael Kramer's latest article on Investing.com
) report results tonight, and whether those will help much today is unclear. AWS revenue was in line, while Apple offered relatively weak guidance for next quarter’s sales.are for just 100,000 jobs created in October, with the unemployment rate expected to hold steady at 4.1%. I have no idea how to interpret this information anymore, and I don’t think analysts do either—the range is quite wide, with the lowest estimate at -10,000 and the highest at 180,000.
Arguably, you can see why by looking at that chart. The 10-year yield is at a spot where, if the data comes in stronger than expected today, we could see the start of a significant move higher, perhaps back into the 4.5% to 4.6% region.
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