Dow slides over 500 points
is expected to say factory orders rose 0.7% in October from the prior month.Bitcoin, Ethereum and Dogecoin were all higher Monday morning. At approximately 4:45 a.m. ET, Bitcoin was trading at nearly $17,319 , or higher by $180.
One week ago, a gallon of diesel cost $5.215. A month ago, that same gallon of diesel cost $5.325. A year ago, a gallon of diesel cost $3.622.US stocks were lower early Monday morning after finishing mixed on Friday. Shares were mixed Friday on Wall Street as investors fretted over inflation after a report showed U.S. wages were accelerating.
U.S. employers added 263,000 jobs last month. That beat economists’ forecasts for 200,000, while the unemployment rate held steady at 3.7%. Many Americans also continue to stay entirely out of the job market, with a larger percentage of people either not working or looking for work than before the pandemic, which could increase the pressure on employers to raise wages.
Germany's DAX slipped 0.3% to 14,490.99 and the CAC 40 in Paris lost 0.2% to 6,728.57. Britain's FTSE 100 edged 0.1% higher, to 7,562.40. The future for the S&P 500 gave up 0.4% and the contract for the Dow future lost 0.3%. Hong Kong’s benchmark jumped 4.5% to 19,518.29. The Shanghai Composite added 1.8% to 3,211.81.
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