Stock Market Update November 2 - Business Insider

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Stock Market Update November 2 - Business Insider
Nov 2nd 2012, 12:30

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The October jobs report is out and the markets are moving.

Click here for updates >

Dow futures intstantly jumped by 30 points.  S&P futures jumped 5 points.

Ahead of the report, markets weren't doing much. Dow futures were down 4 points, S&P futures down 0.2 point, Nasdaq futures up 0.25 point.

According to the BLS, the US companies added 171k nonfarm payrolls in October, which was much higher than the 125k expected by economists.

The unemployment rate ticked up to 7.9 percent.

SEE ALSO: So Many Things Can Go Wrong Next Week >

Source:

http://www.businessinsider.com/stock-market-update-november-2-2012-11

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