TNON - Nasdaq Gains 1%; US Adds 150000 Jobs In October | Benzinga
U.S. stocks traded higher this morning, following the release of jobs report for October.
Following the market opening Friday, the Dow traded up 0.50% to 34,009.36 while the NASDAQ rose 1% to 13,427.71. The S&P 500 also rose, gaining, 0.85% to 4,354.30.
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Leading and Lagging Sectors
Real estate shares jumped by 2.8% on Friday.
In trading on Friday, energy shares fell by 0.5%.
Top Headline
The US economy added 150,000 jobs in October compared to a revised 297,000 gain in September, and versus market estimates of 180,000. The unemployment rate rose to 3.9% in October from 3.8% a month ago.
Average hourly earnings for all employees on private nonfarm payrolls rose by 0.2% to $34.00 in October.
Equities Trading UP
Tenon Medical, Inc. (NASDAQ: TNON) shares shot up 47% to $1.2604 after the company announced the US FDA concluded a full Quality System Inspection Technique Level 2 Inspection at Tenon Medical.
Shares of Seres Therapeutics, Inc. (NASDAQ: MCRB) got a boost, shooting 43% to $1.3350. Seres Therapeutics, on Thursday, posted a narrower-than-expected quarterly ...