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● LIVE Updated 12m ago · 10 sources tracked

Live updates: Bitcoin holds in narrow range, stocks bounce after strong October jobs report

US stocks rebounded following a severe tech rout after a strong October jobs report showed employers added 165,000 positions, surpassing the 59,000 forecast. Bitcoin held in a narrow range around $75,500 to $76,000 as traders digested the hot employment data. The S&P 500 and Nasdaq bounced while the Dow wavered, and chip stocks led the broader market recovery following AI carnage that triggered the worst day for tech since 2020. The robust labor market data pushed December Federal Reserve rate hike odds toward 80 percent, leaving US stocks still on track for weekly losses.

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  • ✓ U.S. employers added 165,000 jobs in October, surpassing the 59,000 forecast.
  • ✓ Bitcoin held in a narrow range near $75,500 to $76,000 following the employment data.
  • ✓ Odds for a December Federal Reserve rate hike climbed toward 80 percent.
  • ✓ U.S. stocks rebounded after a tech rout that marked the worst day for technology shares since 2020.
🛡️ Source Corroboration: 10 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

US equities bounced following a washout session after an October jobs report exceeded expectations and drove December Federal Reserve rate hike odds toward 80 percent.

Live updates

  1. Stocks Bounce as Bitcoin Holds Range After October Jobs

    US stocks rebounded following a severe tech rout after a strong October jobs report showed employers added 165,000 positions, surpassing the 59,000 forecast. Bitcoin held in a narrow range around $75,500 to $76,000 as traders digested the hot employment data. The S&P 500 and Nasdaq bounced while the Dow wavered, and chip stocks led the broader market recovery following AI carnage that triggered the worst day for tech since 2020. The robust labor market data pushed December Federal Reserve rate hike odds toward 80 percent, leaving US stocks still on track for weekly losses.

    Why it matters

    The sharp market rebound follows a brutal tech rout driven by artificial intelligence carnage that caused steep losses across major indexes. Strong macroeconomic data like the October employment report directly shapes Federal Reserve monetary policy expectations, linking job growth to shifting interest rate probabilities. Digital assets and cryptocurrencies continue to trade alongside broader macro risk sentiment as investors weigh inflation pressures and central bank decisions.

    What is confirmed

    • U.S. employers added 165,000 jobs in October, surpassing the 59,000 forecast.
    • Bitcoin held in a narrow range near $75,500 to $76,000 following the employment data.
    • Odds for a December Federal Reserve rate hike climbed toward 80 percent.
    • U.S. stocks rebounded after a tech rout that marked the worst day for technology shares since 2020.

    Still unconfirmed

    • The Dow Jones Industrial Average lost more ground during the session despite the broader market bounce.

    What to watch next

    • Further central bank commentary regarding December Federal Reserve rate hike odds
    • Upcoming economic data releases that may impact U.S. stock market weekly performance recovery
    Sources used for this update (10)
    1. www.coindesk.com — Here's how analysts see U.S. inflation influencing the price of bitcoin ( BTC): Crypto Daily
    2. CoinDesk — Live updates: Bitcoin holds in narrow range, stocks bounce after strong October jobs report
    3. Financial Times — Markets live: US stocks rebound after tech rout
    4. USA Today — Blowout jobs report rescues stocks from brutal tech rout
    5. MarketWatch — Stock Market Today: Dow wavers, S&P 500 and Nasdaq bounce after AI carnage led to worst day for tech since 2020 and as traders digest hot jobs report; U.S. stocks on track for weekly losses
    6. RealMoney Pro — A Routine Bounce Is Only the First Step
    7. www.2lar.com — Live updates: Bitcoin holds in narrow range, stocks bounce ...
    8. bitcoinmagazine.com — Bitcoin Price Sits At $75,500 After Hot October Jobs Report
    9. three.ws — Live updates: Bitcoin holds in narrow range, stocks bounce ...
    10. en.coin-turk.com — Bitcoin trades flat at $76,000 as US jobs report awaited ...
    confidence 90%
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