US stocks (^DJI,^GSPC, ^IXIC) are getting a lift after the September employment report showed the US economy added 254,000 jobs, coming in significantly above the expected 150,000. In addition, the unemployment rate ticked down to 4.1% from 4.2%, easing investor concerns about a US recession. Meanwhile, shares of Spirit Airlines (SAVE) are under pressure amid reports of a potential bankruptcy filing. Other trending tickers on Yahoo Finance include Rivian (RIVN), JetBlue (JBLU), and American Airlines (AAL).
Key guests include:
3:00 p.m. ET – Thomas Simons, Jefferies Senior U.S. Economist
3:30 p.m. ET – Randy Kroszner, University of Chicago Professor of Economics; Former Federal Reserve Governor
4:00 p.m. ET – Ed Clissold, Ned Davis Research Chief U.S. Strategist
4:45 p.m. ET – Cathie Wood, ARK Invest CEO and CIO
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Stocks advanced on Friday after an expectation-defying jobs report gave investors confidence around the health of the economy.The S&P 500 rose 0.9% to 5,7