Asia markets start momentous month on cautious side, US payrolls awaited [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
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Source: Yahoo! Finance
yields near three-month highs on Friday, while investors wait for U.S. payrolls data, although a rate cut next week is largely baked in. Investors are awaiting Friday's nonfarm payrolls report, ahead of Tuesday's U.S. presidential election and Federal Reserve's policy meeting a day later. Oil extended its rally, with Brent prices up almost 2% to $74.13 a barrel, on reports that Iran was preparing a retaliatory strike on Israel from Iraqi territory in the coming days. [O/R] After a sell-off overnight, Nasdaq futures rose 0.3% thanks to a 5.3% jump in Amazon after the bell, which added $104 billion in its market cap. The tech giant posted third-quarter profit above Wall Street estimates, helped by favourable retail sales. The embattled Intel also surprised with upbeat revenue projections, sending its shares up 7% after the close. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3% and was down 1.9% for the week. Tokyo's Nikkei fell 2.1% as a stro
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