News Formal

CNBC Daily Open: October's gravity bringing stocks down

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

News News

Business Business Latest News,Business Business Headlines

After September’s stellar showing, all major indexes are poised for a losing week in the first week of October.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CNBC Daily Open: Stocks can't defy October's gravityAfter September’s stellar showing, all major indexes are poised for a losing week in the first week of October.
Source: nbcchicago - 🏆 545. / 51 Read more »

CNBC Daily Open: Did Apple's shiny new things improve market sentiment?Maybe all it takes are shiny new things to lift our mood and take our minds off recession fears.
Source: NBCNewYork - 🏆 270. / 63 Read more »