Utilities, oil, jobs report: Market takeaways

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Alexandra Canal Nouvelles

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All three of the major indexes (^DJI,^GSPC, ^IXIC) closed lower on Thursday. It comes ahead of the key September jobs report, which will give investors new...

) closed lower on Thursday. It comes ahead of the key September jobs report, which will give investors new insights into the health of the economy.Well, stocks quoting closing the trading day lower as concerns over tensions in the Middle East, keeping investors cautious.Markets taking a bit of a breather also in anticipation of that jobs report out tomorrow.

Obviously, it's defensive play, but also the A I boom could be, you know, contributing to its gains and also some of the energy stocks and movement that we've seen the course of today could also be a positive move up for utilities.If you follow Martha Stewart on TX, that is something that kind of circles around every time we see these huge jumps in oil.

Typically, when we see oil up, we see the major indexes down, which is the narrative that played out today. But economists have often looked at the jobs picture and any deterioration or signs of that is a little bit spooky for investors because we could potentially be entering into a recession.This is a initial jobless claims.

 

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