On Monday, October 9, the U.S. stock markets closed higher despite the uncertainty caused by the Hamas-Israel conflict and a spike in oil prices.
The announcement of the conflict incited a surge in oil prices due to supply anxieties. However, lenient comments from Federal Reserve officials helped reverse initial declines in stock indexes.
On Friday, October 6, the U.S. stock markets closed higher, reacting to a surprising increase in job creation last month, sparking renewed discussions on a potential Federal Reserve interest rate hike this year, despite slow wage growth.
On Thursday, October 5, the U.S. stock indexes closed lower, with investors anticipating Friday’s monthly employment data and potential insights into future interest rate directions.
S&P 500’s performance was mixed; technology, healthcare, and financials rose, while consumer staples, industrials, and energy sectors declined.
On Wednesday, October 4, the U.S. stock markets ended higher, led by tech-focused Nasdaq Composite, influenced by the September private payrolls data rising below expectations.
Private payrolls increased by 89,000 in September, significantly falling short of the anticipated 153,000 and down from 180,000 in August, as per the ADP and Moody’s Analytics report.
On Tuesday, October 3, the U.S. markets closed in the red, impacted by rising Treasury yields and the absence of an imminent Federal Reserve interest rate cut.
Job openings in August increased by 690,000 from the previous month to a total of 9.61 million, surpassing the market’s expectation of 8.8 million.
On Friday, September 29, the U.S. stock markets ended mixed as investors processed the effects of U.S. inflation report on the Federal Reserve’s interest rate policy and rethought their portfolios.
On Thursday, September 28, the U.S. stock markets ended higher, driven by economic data and a pause in rising Treasury yields ahead of a crucial inflation report.
"The right investors are not scared by the complexity of cannabis regulations," TILT Holdings (CSE: TILT) (OTC: TLLTF) CEO Tim Conder said at the Benzinga Cannabis Capital Conference.