Financial markets brace for U.S. election and key labor data next week

Next week is significant for financial markets due to the U.S. election and key labor data releases. The U.S. non-farm payrolls report is expected to show a decline in job growth, influenced by recent hurricanes. Additionally, the U.S. Federal Reserve will announce its interest rate decision next Friday. This combination of events will help shape market direction moving forward. International markets will also be reacting to results from major tech companies. Microsoft reported a 16% increase in revenue for the September quarter, reaching $65.6 billion, with net income up 11% to $24.7 billion.