Group 1 - The core viewpoint indicates that despite delays in data collection due to government shutdowns, the labor market trends are expected to gradually normalize rather than collapse, which may alleviate investor concerns about a rapid deterioration in labor market conditions [1] - The U.S. economy added 119,000 jobs in the month, with a balanced distribution of job growth, and the diffusion index significantly rose to 55.6, marking the first time it exceeded the breakeven point of 50 since March [1] - Overall, U.S. consumers remain cautious but have not shown signs of a consumption decline, suggesting positive news for the upcoming holiday shopping season [1] Group 2 - Approximately 95% of S&P 500 companies have reported third-quarter earnings, with a year-over-year EPS growth of 13.4% and revenue growth of 8.4% [2] - European stock markets declined, with the Eurozone's November PMI preliminary data highlighting uneven economic momentum, as manufacturing fell into contraction while services remained in expansion [2] - In the Asia-Pacific region, stock markets experienced significant declines, with the MSCI Asia-Pacific index (excluding Japan) dropping 2.6%, marking the largest weekly decline since April, driven by weak performance in technology stocks [2]