October jobs report, ExxonMobil, auto sales: What to Watch

As trading wraps up for the day, host Josh Lipton looks ahead and highlights key events investors will be watching on Friday, November 1.

The highly anticipated October jobs report will take center stage, offering fresh insights into labor market conditions. Economists expect the unemployment rate to hold steady at 4.1%.

The corporate earnings calendar will be dominated by the energy sector tomorrow, with industry giants ExxonMobil (XOM), Chevron (CVX), Enbridge (ENB), and Dominion Energy (D) all set to report quarterly results.

Rounding out tomorrow’s key events, US auto sales data is expected to show an uptick to 15.8 million units, climbing from September’s reading of 15.77 million.

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This post was written by Angel Smith