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market wrapThe Open2 min read

The Open: Think the Fed will be done after two more rate hikes? How…

Unexpectedly hot jobs data could affect the number and timing of future rate hikes

BlindBlog DeskAuto-assembled

The Open — November 4, 2026 at 1:50 PM. This digest was assembled automatically from 6 reports across 5 outlets.

Where the market stands

| Instrument | Last | Change |

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

| CBOE Volatility Index | $18.42 | -11.57% |

| Gold | $4,054.20 | +2.89% |

| Microsoft | $520.99 | +2.74% |

| Crude Oil (WTI) | $93.79 | -2.39% |

| Meta Platforms | $621.03 | +2.36% |

| NVIDIA | $206.69 | +2.29% |

Today's stories

Think the Fed will be done after two more rate hikes? How Friday’s jobs report may trigger a major market repricing.

Unexpectedly hot jobs data could affect the number and timing of future rate hikes

Covered by 1 outlet: MarketWatch Top Stories.

Euro zone inflation hits 4% for first time in three years as interest rate hike looms

It was driven by energy inflation, which surged above 20% in October.

Covered by 1 outlet: CNBC Economy. Tickers in play: EURUSD=X.

McDonald's earnings beat, but traffic to its U.S. restaurants falls

McDonald's has leaned into discounts to attract budget-conscious diners over the last two years.

Covered by 2 outlets: CNBC Top News, Earnings Watch. Tickers in play: MCD.

CVS to split off drugstore business in major breakup of healthcare giant

The move would reverse the company's $78 billion acquisition of Aetna and dismantle the vertically integrated healthcare conglomerate it created in 2018.

Covered by 1 outlet: CNBC Top News.

Will the Fed raise interest rates this year? Divided economists weigh in

Covered by 1 outlet: Fed & Rates.

What to watch

  • Follow-through on hikes.
  • Follow-through on EURUSD=X.
  • Follow-through on MCD.
  • Whether the moves above hold through the next session.

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Reported from

This article was written from the following coverage. Follow the links for the original reporting.

Disclaimer. This article is for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. BlindBlog may hold no position in the instruments discussed. Do your own research.

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