In October 2024, the US economy saw the addition of only 12,000 jobs, a sharp decline from the 223,000 jobs added in September, which itself was a downward revision. This figure was also significantly below the anticipated 113,000 jobs, marking the lowest growth since December 2020.
Additionally, hurricanes may have impacted job numbers in certain industries, although the Bureau of Labor Statistics was unab...

US Options trading is now available on moomoo Malaysia for a while! How's your trading experience?
If you're new to options trading, or simply just want to learn the ropes, the moomoo Learn team is here to provide the ins and outs of trading options on moomoo.
Common questions covered in this article:
1. What are options?
2. Why are so many advanced investors interested in options trading?
3. Two practical tips before you start
What...

The Federal Reserve is set to announce its first rate cut in over four years on Wednesday, signaling a major pivot from its previous emphasis on inflation control.
Markets remain split on the scale of the cut. Futures markets indicate a 63% chance of a 50-basis-point reduction as of Wednesday morning, up from 14% a week ago. The odds of a 25-basis-point cut stand at 37%.
Wall Street and the futures market show divergence as most institutio...