Monday, March 16

BLS isn’t publishing Oct. jobs report, Kraken files for US IPO


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It’s time for Yahoo Finance’s Market Minute.

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US stocks are in wait and see mode as investors look ahead to Nvidia earnings due out after the closing bell.

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Some breaking news on the economic front, however, the US Bureau of Labor Statistics confirmed the October jobs report will not be released.

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The November report will be delayed to Tuesday, December 16th, which will be after the Fed’s December decision.

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Plus, crypto exchange Kraken has filed confidentially for a US IPO.

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The company didn’t disclose details of the offering, including size, valuation or timing.

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Kraken offers trading for digital assets as well as traditional assets like fiat currencies and US listed stocks.

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And private credit firm Blue Owl has scrapped the merger of two of its private credit funds.

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Scrutiny over potential investor losses from the move sent its shares tumbling.

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And that’s your Yahoo Finance Market Minute.

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For more on what’s trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the trading session.



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