[Watcher Guru] JUST IN: US economy adds 165,000 jobs in October, higher than expectations.

The U.S. economy added 165,000 jobs in October, surpassing expectations, while the unemployment rate fell to 4.1%, also beating forecasts. The stronger-than-expected labor data signals continued resilience in the U.S. economy despite elevated interest rates. The report matters for financial markets because robust employment figures can influence Federal Reserve policy decisions on rate cuts. Traders will now watch for inflation data and Fed commentary to gauge whether the labor market's strength shifts the central bank's easing timeline.