Oil Prices Surge, Labor Market Data Looms

📆 04/10/2024 05:42:00
📰 NBCPhiladelphia

⏱ Reading Time:
18 sec. here
7 min. at publisher
📊 Quality Score:
News: 27%
Publisher: 51%

Business Notícia

OIL,LABOR MARKET,JOBS REPORT

Oil prices jump over 5% after a tentative agreement on wages between the International Longshoremen's Association and the United States Maritime Alliance. Investors await the September jobs report for clues about the health of the U.S. labor market.

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. Some investors fear it's a short-lived rally, pointing to the Hang Seng index's drop on Thursday. But analysts think there's.

The September jobs report, which comes out later today, will give a clearer picture of the overall U.S. labor market – and likely beThe good news is that, at this point of the rate-cutting cycle, good news shouldn't be bad news anymore. If the number of jobs added comes in higher than expected, markets are likely to react well.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Market Movers: Nike CEO Swap, Huawei’s New Phone, and Oil Prices SurgeThis news segment delves into the latest market trends, covering a change in leadership at Nike, the launch of Huawei's new phone, and the surge in oil prices.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »