Reversing Course, Amazon’s Satellite Strategy, UAW Update 10/6/23

It’s been a wild day for the Dow, as the hot jobs report initially sent markets lower. Payrolls defied expectations, soaring by 336,000, and fueled fears the Fed could hike rates yet again.But investors aren’t backing down, with the averages swinging higher, and the S&P 500 trying for its 1st positive week in 5. We’ll tell you all you need to know.Plus, we’re keeping an eye on 2 major events: Amazon’s rocket launch for its first-ever satellite deployment, and the UAW President giving a live update to union members. We’ll track both for you throughout the hour. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.