Dow drops at the open as Wall Street eyes jobs data
All three of the major indexes (^DJI,^GSPC, ^IXIC) opened lower on Thursday. Investors are awaiting the September jobs report, which will be released on Friday morning. It will give Wall Street fresh insight into the state of the economy and provide clues as to the Federal Reserve’s path for interest rates. One piece of data the market is processing is initial claims for the week ending September 28, which rose to 225,000. Oil prices (CL=F, BZ=F) are also weighing on the markets as Middle East tensions continue to drive prices higher.
Morning Brief Anchor Brad Smith and Yahoo Finance Markets and Data Editor Jared Blikre recap the action at the open.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Stephanie Mikulich.
Related
NFIB Jobs Report: Main Street Job Openings Fall to Three-Year…
Small business job openings reaches lowest level since 2021WASHINGTON, D.C. (Oct. 3, 2024) – NFIB’s September jobs report found that 34% (seasonally adjuste
The role you’re applying for might be a ‘ghost job’…
Bad lovers aren’t the only ones ghosting you. Some eager candidates have realized they never stood a chance after inadvertently applying to a â€
September jobs report: Job growth expected to pick up as…
The September jobs report is expected to serve as the latest piece of evidence that the labor market has cooled off in 2024 but isn't rapidly weakening at a pac
U.S. clean energy careers are booming—but you wouldn’t know it…
Clean energy currently employs 3.3 million Americans, or one in 50 workers nationwide, according to a report from E2. That’s more than the total number of nur
