The rise in interest rates dominated the headlines this week. Despite rates rocketing higher, the S&P 500 and Nasdaq are poised to close up for the week. This follows today’s non-farm payroll report that blew away expectations. The U.S. economy created 336,000 jobs in September. Our PureVest Weekly Roundup also looked at a preview of the upcoming Q3 earnings season. Contellation Brands reported record beer sales as their Modelo brand remained #1 in the U.S. Higher oil prices helped Exxon Mobils’ earnings and margins. Enjoy the light reading, and have a great weekend!  

Markets & Economy:

Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown
source:www.cnbc.com
The House can’t work without a speaker. How will it choose McCarthy’s successor?
source:www.npr.org
Hyundai and Kia to adopt Tesla’s EV charging tech next year
source:www.cnbc.com
The Q3 Earnings Season Gets Underway
source:www.nasdaq.com
Why borrowing costs for nearly everything are surging, and what it means for you
source:www.cnbc.com
Constellation Brands Beer Sales Soar, but Wine and Spirit Demand Slumps
source:www.investopedia.com

ExxonMobil Says Q3 Earnings Were Boosted By Higher Prices, Better Margins

source:www.investopedia.com

Education:

Market Capitalization: How Is It Calculated and What Does It Tell Investors?
source:www.investopedia.com