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Upbeat Jobs Data May Contribute To Initial Strength On Wall Street

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advfn.co.uk

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newsdesk@advfn.co.uk

Sent On

Fri, Oct 4, 2024 01:41 PM

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Friday, 04 October 2024 09:13:21 US Market The major U.S. index futures are currently pointing to a

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Friday, 04 October 2024 09:13:21 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move to the upside after showing a lack of direction over the two previous sessions. The futures climbed more firmly into positive territory following the release of a closely watched Labor Department repot showing much stronger than expected job growth in the month of September. The Labor Department said non-farm payroll employment jumped by 254,000 jobs in September after climbing by an upwardly revised 159,000 jobs in August. Economists had expected employment to rise by 140,000 jobs compared to the addition of 142,000 jobs originally reported for the previous month. The report also showed the unemployment rate edged down to 4.1 percent in September from 4.2 percent in August... [Read More]( --------------------------------------------------------------- Do you day trade? Trader Alerts streams stocks reaching new highs and lows as well as stocks breaking out of previous volume highs as they happen. It's a powerful tool for day trading ideas. [Learn More / Upgrade]( --------------------------------------------------------------- U.S. Economic Reports A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than expected in the month of September. The Labor Department said non-farm payroll employment... [Read More]( --------------------------------------------------------------- Europe European stocks are turning in a mixed performance on Friday amid concerns about a wider Middle East conflict. While the U.K.?s FTSE 100 Index is down by 0.3 percent, the German DAX Index is up by 0.5 percent and the French CAC 40 Index is up by 0.8 percent. Shipping firms such as Moeller-Maersk and Hapag Lloyd plunged 7 percent and 13 percent respectively, due to a worsening situation in the Middle East. Hexagon Purus ASA shares were down nearly 16 percent. T... [Read More]( --------------------------------------------------------------- [Sell every Stock except ONE]( Markets are down... But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month... [Ticker Revealed.]( --------------------------------------------------------------- Asia Asian stocks ended mixed on Friday as Middle East tensions persisted and investors looked ahead to the all-important U.S. jobs report later in the day that could decide the path of U.S. interest rates. The dollar hovered near a six-week high in Asian trading and gold traded near record levels, while oil prices steadied after having surged 5 percent the previous day as U.S. President Joe Biden said the U.S. was discussing possible strikes by Israel on Iran's oil indus... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are climbing $0.50 to $74.21 a barrel after soaring $3.61 to $73.71 a barrel on Thursday. Meanwhile,... [Read More]( --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here](. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +1 888-992-3836. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49

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