The Latest Breaking News from Jobs Report

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday after the Labor Department reported strong U.S. jobs market numbers from October.

The stock market rallied to finish the day strong, with all major indexes up over 1%. Copper and energy stocks led the day.

The Dow Jones Industrial Average dropped Thursday amid jobless claims numbers and other key economic data. Roku stock dived on earnings.

The Dow Jones Industrial Average dropped Monday ahead of this week's two-day Federal Reserve meeting, along with Friday's jobs report.

Wall Street faces a stern test of its best October rally in two years this week and next, with a ten-day stretch that includes 163 earnings reports, a Fed rate decision, an October jobs report and mid-term elections.

The Federal Reserve pivot will come in December because the next jobs report is almost guaranteed to be lousy.

The market bounce has fizzled and we are now, once again, back to last week's lows. The impetus for this sharp move lower was the stronger than expected jobs report which dashed hopes of an imminent 'Fed pivot' due to a weak jobs report. Until we see a meaningful and…

The Bank of England today doubled down on its emergency bond buying scheme, saying it would purchase up to £10 billion a day and the Treasury brought forward the date of its next tax plan announcement -- to Halloween.

In last week's commentary, we discussed the importance of the mid-June lows for the S&P 500 (SPY) and the possibility of an undercut and then a rebound. In many ways, this is exactly what markets do -> frustrate the maximum amount of bulls and bears. Certainly, the bears were ebullient…