Sources said networking equipment company Extreme Networks is exploring a sale.

South Korea's finance minister said authorities will monitor the stock market with the highest degree of vigilance.

Bureau of Labor Statistics data showed nonfarm payrolls rose 165,000 in October versus ~65,000 consensus; September was revised up to +60,000 from an initial +29,000. Unemployment fell to 4.1%, underscoring labor-market resilience and giving the Fed greater scope to shift policy emphasis toward inflation risks from the Middle East conflict. Economists estimate the US needs roughly 40,000 jobs per month to keep pace with working‑age population growth; the so‑called employment breakeven has fallen from about 150,000 in early 2024 as the labor force has shrunk. Layoff rates remain near historic lows and job openings have jumped, reinforcing expectations of tighter labor conditions, though Fed officials and many economists still do not view the labor market as a broad inflationary threat; some economists attribute the low unemployment mainly to supply-side effects from tighter immigration and retirements.