Why the bull market could persist through 2026, October layoffs surge
Morning Brief anchor Julie Hyman breaks down the latest market news for November 6, 2025.
Seaport Research Partners managing director and chief equity strategist Jonathan Golub discusses why he believes markets will resume their rally mode and why he stands behind his year-end targets of 7,050 for 2025 and 7,800 for 2026 for the S&P 500.
October job cuts reached their highest level since 2003. US companies announced more than 150,000 layoffs. Data from Challenger, Gray, and Christmas shows the sectors hit hardest were technology and warehousing. Year-to-date job cuts have now exceeded 1 million, the highest since 2020.
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