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LIVE MARKETS-It's (not) payrolls day!

ReutersNov 7, 2025 1:18 PM
  • STOXX 600 down 0.7%
  • ITV jumps on unit sale talks
  • Rightmove tumbles
  • S&P 500 futures down 0.4%

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

IT'S (NOT) PAYROLLS DAY!

Today should have seen the monthly U.S. labor market report from the BLS but the longest government shutdown on record put paid to that.

Instead, market participants have had to look elsewhere for evidence on how the economy is performing.

Wells Fargo has analysed the raft of private-sector data to make a judgement on the labour market since the shutdown, which they say remains in a "precarious - but not obviously worse - place".

"Without a clear read on labor supply, it is difficult to assess whether the current pace of job creation is sufficient to keep the unemployment rate from breaking higher," they say.

"Yet for now, the absence of broad-based layoffs suggest the jobs market is holding together, even if the risk of a more meaningful slowdown cannot be ruled out."

(Samuel Indyk)

EARLIER ON LIVE MARKETS:

"WATCH OUT" BUT DON'T "GET OUT" YET - BOFA CLICK HERE

EUROPEAN GAS STORAGE THIS WINTER LOOKS A BIT FRAGILE CLICK HERE CLICK HERE

TRUMP ONE YEAR ON: WHAT'S NEXT? CLICK HERE

STUTTERING START; MEDIA SECTOR GETS ITV BOOST CLICK HERE

EUROPE BEFORE THE BELL: FUTURES SIGNAL HIGHER OPEN CLICK HERE

THE AI DIP MAY NOT BE DONE CLICK HERE

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