Market News

U.S. markets are showing mixed signals as major indexes hover near record highs, despite some recent volatility. Job cuts surged in October, marking the highest level for that month in over two decades, raising concerns about the labor market. In corporate news, Charles Schwab announced its acquisition of Forge Global, expanding its presence in private markets, while CarMax shares fell sharply following the resignation of its CEO. Additionally, DoorDash's stock tumbled after the company indicated it would increase investments next year, affecting profit expectations.