My top 10 things to watch Friday, Oct. 6 1. U.S. stock futures are under pressure Friday morning, with the S & P 500 falling nearly 1% on the back of a stronger-than-expected jobs report for September. The U.S. economy adds 336,000 jobs last month, well ahead of a Dow Jones consensus estimate for a 170,000 increase, the Labor Department says in its monthly nonfarm payrolls report. At the same time, bond yields remain elevated, with that of the 10-year Treasury hovering above 4.7%. 2.
raises its price target on Club name Constellation Brands to $290 a share, up from $280, while reiterating a buy rating on the stock. The firm cites Constellation's quarterly operating performance, which was bolstered by strong demand for premium beer. Despite delivering an earnings beat and raising its full-year guidance on Thursday, Constellation stock is down hideously, by more than 3%. 4. Shares of Dutch health-technology firm Philips are down 7% after the U.S.
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Source: CNBC - 🏆 12. / 72 Read more »
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