November 5, 2022 7:47 PM

US markets rise after snapping 4 days losing streak

Snapping four days of a losing streak, US markets rose on 4th November 2022 in volatile trade as investors wrestled with a mixed jobs report and comments from Federal Reserve officials on the pace of interest rate hikes. The Dow Jones Industrial Average rose 410 points, or 1.3 per cent, to 32,412. The S&P 500 gained 51 points, or 1.4 per cent, to 3,771. The Nasdaq Composite gained 134 points, or 1.3 per cent, to 10,477. The labour market report showed an uptick in the unemployment rate i...