What are today's top business/market headlines?

I'll pull today's top business and market headlines for you.

Today's Top Business / Market Headlines — Saturday, November 7, 2026 (covering late Nov 6 - early Nov 7 ET):

1. U.S. Jobs Blowout Resets Fed Expectations

•US employers added 165,000 jobs in October as business services, health care and transport hired, while unemployment changed little at 4.1%

•October payrolls rose 165,000 vs. 59,000 expected

•Futures traders put the odds of a quarter-point Fed rate rise in December at 76.8% after the October jobs report, up from 66.9% a day earlier

•Treasury yields turned higher on Friday ahead of the release of October jobs data

Market reaction was mixed:

•Nasdaq 100 futures rose 1.6% as chips rebounded, while Dow futures fell 478 points (-0.9%)

•Nasdaq Futures Rally After Asian AI Rout as Investors Brace for Jobs Day

2. AI Rout and Rebound - $2.5 Trillion Check

•Wall Street Gets $2.5 Trillion AI Reality Check With Historic Rout of Tech Stocks

•The S&P 500 fell 4.4%, the Nasdaq Composite lost 5.5% and the Dow dropped 3.4% on November 5, while the Cboe Volatility Index settled at 27.01

•Nasdaq bounces +1.67% on dip-buying after AI rout

•Stock-picking funds unwound their positions last month at the highest rate in over a decade

•U.S. stocks climbed after strong earnings from Amazon and Apple reassured investors about the trajectory of Big Tech

Asian fallout:

•Seoul's Kospi fell 6.02% and Tokyo's Nikkei 225 lost 5.96% on Friday as a technology selloff swept Asia

•Taiwanese authorities joined South Korea in moving to stem the bleeding

•Taiwan's National Financial Stabilization Fund authorised its executive secretary on 6 November to deploy money to steady the stock market, after the Taiex lost 12.19% in a week

•South Korea's financial authorities will waive the 140% collateral ratio securities firms must keep on margin loans for three months

3. Oil Slides Below $100

•Oil Slides Below $100 a Barrel, With Focus on Iran Outlook After U.S. Midterms

•Oil Prices Worldwide Plunge as Reports of Possible Iran‑U.S. Peace Talks Surface

•OPEC's crude output rose by 930,000 barrels a day in October to 22.8 million, a Bloomberg survey shows

4. Mega-Cap Tech Deals

•OpenAI raises $11 billion in first tranche of funding round at $1.25 trillion valuation

•OpenAI closed $11 billion as the first tranche of a new funding round that values the company at $1.25 trillion, with investors having wired the cash on Friday

•Elon Musk announced on X on Friday that Tesla will wind down Cybertruck production at its Texas gigafactory by mid-2027, saying the factory space will be used to increase production of the two-seater Cybercab robotaxi

•SpaceX disclosed on Friday that Google executive Donald Harrison has resigned from the rockets-to-AI company's board after more than a decade

•Apple is seeking about $7 billion from a US-dollar bond offering

5. Other Notable Business Headlines Today

•Morgan Stanley resets Cisco stock price target before earnings

•Nasdaq futures rise following AI tech rout — Stock Market Today (Nov. 6, 2026)

•US consumer credit grew at a 6.4% annual rate in September, its fastest month this year

Citations (4)

1edgeconsultancykw.comNot yet classified
6 November 2026
Backs: “Today's Top Business / Market Headlines — Saturday, November 7, 2026 (covering late Nov 6 - early Nov 7 ET): 1. U.S. Jobs Blowout Resets Fed Expectations. US employers added 165,000 jobs in October as business services, health care and transport hired, while unemployment changed little at 4.1%”
2morningstar.comData and tools
Dow Jones Top Markets Headlines at 7 AM ET: Nasdaq Futures Rally After Asian AI Rout as Investors Brace for Jobs Day | Treasury ...
Backs: “Futures traders put the odds of a quarter-point Fed rate rise in December at 76.8% after the October jobs report, up from 66.9% a day earlier. Treasury yields turned higher on Friday ahead of the release of October jobs data”
3worldattention.comNot yet classified
Tech & Finance Daily Briefing — November 07, 2026 — 2026-11-07 — WorldAttention
Backs: “OPEC's crude output rose by 930,000 barrels a day in October to 22.8 million, a Bloomberg survey shows. 4. Mega-Cap Tech Deals. OpenAI raises $11 billion in first tranche of funding round at $1.25 trillion valuation”
4thestreet.comNews and mediaquality 0.82
Business & Market News – Latest Headlines - TheStreet
Backs: “Apple is seeking about $7 billion from a US-dollar bond offering. 5. Other Notable Business Headlines Today. Morgan Stanley resets Cisco stock price target before earnings”