Note: U.S. Daylight Saving Time (DST) has ended on 6 November 2022 (Sunday 2:00am EST). Trading hours for U.S. markets will be an hour later for outside of Eastern Standard Time (EST). Wall Street rebounded on Friday to close out a soft week, but the struggling equities rally will be tested in the coming days by the double-whammy of inflation data and U.S. midterms. Despite Friday’s gains, the Dow fell -1.4% for the week to snap a four-week winning streak, the S&P 500 shed -3.3% for the week and the Nasdaq fell -5.6%, its largest weekly percentage decline since January. The October Employment Report reflected a labor market that isn’t showing enough weakness yet to convince the Fed that it can stop raising the target range for the fed funds rate. That point notwithstanding, the October employment situation was more consistent with achieving a soft landing for the economy than a hard