Pricing shifted across equities, crypto and rate markets on 6 November 2026 following US employment data release.
Markets priced a 70% probability of a 25 basis point Federal Reserve rate hike in December 2026 following the jobs report. Fed futures reflected a 75% implied probability for the same hike at the same time.
Bitcoin briefly rose above $76,100 immediately after the data release before settling near $75,500. Over $1 billion in crypto positions were liquidated over the prior 24 hours, mostly long bitcoin positions.
EOG Resources stock rose nearly 1.8% in mid-day trading. The firm reported third quarter adjusted earnings per share of $4.87, exceeding analyst consensus expectations of $4.41. TransMedics stock gained 14.4% in pre-open trading following its third quarter earnings release.
Coty reported first quarter sales of $1.56 billion and adjusted earnings per share of 16 cents, both figures exceeding analyst estimates.
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