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[Non-farm data was lower than expected and all three – November 03 , 2023

[Non-farm data was lower than expected and all three major U.S. stock indexes closed higher] U.S. stocks closed with the Dow Jones Industrial Average closing up 222 points, the S&P 500 Index closing up 0.94%, and the Nasdaq Composite Index closing up more than 1%. Apple (AAPL.O) closed down 0.44% as its revenue fell year-on-year for the fourth consecutive quarter. Popular Chinese concept stocks generally closed higher, with Nio (NIO.N) rising by more than 5%, Xpeng Motors (XPEV.N) rising by more than 3%, and Li Auto (LI.O) rising by nearly 3%.

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