00:04 Speaker A
It’s time for Yahoo Finance’s Market Minute.
00:06 Speaker A
US stocks are in wait and see mode as investors look ahead to Nvidia earnings due out after the closing bell.
00:12 Speaker A
Some breaking news on the economic front, however, the US Bureau of Labor Statistics confirmed the October jobs report will not be released.
00:18 Speaker A
The November report will be delayed to Tuesday, December 16th, which will be after the Fed’s December decision.
00:23 Speaker A
Plus, crypto exchange Kraken has filed confidentially for a US IPO.
00:28 Speaker A
The company didn’t disclose details of the offering, including size, valuation or timing.
00:32 Speaker A
Kraken offers trading for digital assets as well as traditional assets like fiat currencies and US listed stocks.
00:39 Speaker A
And private credit firm Blue Owl has scrapped the merger of two of its private credit funds.
00:43 Speaker A
Scrutiny over potential investor losses from the move sent its shares tumbling.
00:46 Speaker A
And that’s your Yahoo Finance Market Minute.
00:48 Speaker A
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.
