NewsWatch: S&P 500, Nasdaq hit new records after October jobs numbers beat expectations

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Stocks jumped at the start of trade Friday, with the benchmark S&P 500 index notching a new intraday record, after the Labor Department estimated the U.S. economy added 128,000 new jobs in October and upwardly revised its estimate of job growth in September and August. See full story.

Economists hail ‘October surprise’ as jobs growth beats expectations

Economists lauded Friday’s employment report as the U.S. added 128,000 new jobs, handily beating expectations of a lower number affected by a strike at General Motors. See full story.

Why the Facebook political-ads debate could be a windfall for legacy media

Advertising and media experts said the fall-out could benefit legacy TV networks and mainstream media in pursuit of $10 billion in political ad spending for the 2020 U.S. election. See full story.

Europe stocks are hotter than U.S. ones right now, inflow data show

For one week at least, more stock-market investors have turned to stodgy Europe than the U.S. An analysis by Jefferies of inflow data showed that European stocks, in the week ending Oct. 30, saw more inflows than U.S. ones. See full story.

Why President Trump’s kids are probably celebrating his move to Florida

The No. 1 reason billionaires decide to move. See full story.


Should you try #NoSpendNovember to curb holiday spending? See full story.