U.S. stock markets closed lower on October 3, 2024, as investors awaited key labor data and monitored geopolitical risks in the Middle East. With the Dow Jones down 0.44% and S&P 500 slipping 0.17%, market sentiment remains cautious ahead of the non-farm payrolls report, which will likely influence Federal Reserve interest rate decisions.
Tag: energy sector
Daily Market Snapshot: September 10, 2024
The U.S. stock market saw mixed results on Tuesday as investors remained cautious ahead of Wednesday’s highly anticipated August inflation report. The S&P 500 gained 0.45%, driven by tech and consumer discretionary stocks, while the Dow Jones slipped 0.23%, weighed down by financials, particularly JPMorgan which fell over 5%. Ally Financial also dropped over 17% after concerns regarding the financial health of its borrowers were raised.
