The Open: Stable Labor Market to Keep Fed on Track to Raise Rates Gradually

The Open — November 6, 2026 at 12:00 PM. This digest was assembled automatically from 8 reports across 7 outlets.

Where the market stands

| Instrument | Last | Change |

| --- | --- | --- |

| S&P 500 | 7,353.73 | -4.36% |

| Nasdaq Composite | 24,315.00 | -5.52% |

| Dow Jones Industrial | 51,523.06 | -3.44% |

| US 10-Year Yield | 4.84 | -1.16% |

| Tesla | $343.69 | -10.77% |

| NVIDIA | $181.60 | -9.26% |

| CBOE Volatility Index | 26.50 | -5.96% |

| Russell 2000 | 2,729.89 | -4.45% |

Today's stories

Stable Labor Market to Keep Fed on Track to Raise Rates Gradually

The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.

Covered by 2 outlets: NYT Business, WGN Radio 720.

• Federal Reserve holds interest rates steady in face of persistent inflation — WGN Radio 720

Bitcoin steadies after AI-led selloff as eyes turn to latest U.S. jobs figures

Bitcoin bounced from around $75,200 after Thursday’s AI-led selloff, which drove more than $1 billion in liquidations, as traders await the U.S. jobs report.

Reported by CoinDesk. Tickers in play: BTC-USD.

• Read the original report — CoinDesk

Donald Trump’s sweeping rebuke by voters on Tuesday could lift a shadow from Fed Chair Kevin Warsh, allowing him to focus on bringing inflation to heel

Reported by Bloomberg News.

• Read the original report — Bloomberg News

Magnificent 7 loses $1 trillion. The most eye-popping stats from Thursday's tech stock plunge

Here are the most breathtaking statistics from the major stock sell-off on Thursday.

Covered by 2 outlets: CNBC Top News, r/economics.

• Magnificent 7 loses $1 trillion. The most eye-popping stats from Thursday's tech stock plunge — r/economics

Neocloud IREN says $4 billion in annualized revenue being delayed due to customer request

Following a dramatic plunge in its stock price, IREN said some revenue is being delayed from 2026 until early next year.

Covered by 2 outlets: CNBC Top News, CNBC.

• Neocloud IREN says $4 billion in annualized revenue being delayed due to customer request — CNBC

What to watch

• Stable Labor Market to Keep Fed on Track to Raise Rates… — whether today's move extends or fades.
• BTC-USD — whether today's move extends or fades.
• Donald Trump’s sweeping rebuke by voters on Tuesday could… — whether today's move extends or fades.
• Whether Tesla holds -10.77% into the next session.

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