| US equities demonstrated a bifurcated performance in the prior session, although resilient economic indicators underpinned prevailing market sentiment. The Nasdaq Composite advanced 1.1 per cent as investors re-engaged with artificial intelligence-linked and semiconductor equities following recent declines, whereas the S&P 500 registered a 0.3 per cent increase. The Dow Jones Industrial Average retreated by half a per cent. All three primary indices concluded the week with losses; the Nasdaq declined 3.4 per cent, the S&P 500 decreased 2.7 per cent, and the Dow retreated 0.9 per cent. Concerning economic developments, the US labor market exhibited strength in October. Nonfarm payrolls increased by 1 lakh 65 thousand, while the unemployment rate edged down to 4.1 per cent from 4.2 per cent in September, according to data published by the US Bureau of Labour Statistics.
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