The closely followed report was originally scheduled for release on Oct. 3, but it was shelved by the government shutdown.

US stocks slump as AI valuation fears collide with a weakening US labor market and fading rate-cut hopes. A clear look at what is truly driving the selloff.

Stocks surged in the US on Thursday, as earnings from NVIDIA Corp. and solid economic data eased concerns about an impending economic slowdown. The S&P 500

The S&P 500, a broad measure of stocks, gained 1.5% as trading opened. The tech-heavy Nasdaq jumped 2%, but later backed down slightly from its high. The Dow Jones Industrial Average rallied 600 points, around 0.8%.

Follow MarketWatch's live coverage of the jobs report for September and weekly jobless claims delayed by the longest U.S. government shutdown in history.

U.S. employers issued WARN notices for 39,006 Americans in October, according to research by the Federal Reserve Bank of Cleveland. The Fed has tracked WARN notices since 2008, and the number has only ever been higher in 2008, 2009, 2020, and May 2025.

US companies shed 2,500 jobs per week on average in the four weeks ended Nov. 1, according to data released Tuesday by ADP Research.