"Berkshire Hathaway's Earnings Awaited as Dow Jones Continues Rally"

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Source: Investor's Business Daily
"Berkshire Hathaway's Earnings Awaited as Dow Jones Continues Rally"
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average and S&P 500 closed above their 50-day moving averages, with the Nasdaq leading the gains, as a soft October payrolls report boosted stocks. Nonfarm payrolls for October came in below consensus estimates, and September's payroll data was revised lower. The small-cap Russell 2000 outperformed, while the yield on the 10-year Treasury note fell. Warren Buffett's Berkshire Hathaway is set to report quarterly earnings, and several stocks, including Apple and Walt Disney, made moves in the market.

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