Business

5 Things To Know Before The Stock Exchange Opens On Friday, October 8th

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Stock futures jump after disappointing employment report

Traders work at the New York Stock Exchange (NYSE) in New York on October 6, 2021.

Brendan McDermid | Reuters

2. Job growth in the last month lagged far behind the August figures.

3. Senate approves short-term debt ceiling increase, House of Representatives will vote next

The US Capitol in Washington DC, USA, Wednesday, October 6, 2021.

Stephanie Reynolds | Bloomberg | Getty Images

4. The price of oil in the US is approaching $ 80 a barrel as natural gas prices have taken a breather.

Workers extract oil from oil wells in the Permian Basin in Midland, Texas.

Benjamin Lowy | Getty Images

U.S. oil prices, measured West Texas Intermediate crude oil approached $ 80 a barrel on Friday morning. WTI was last at this level on November 3, 2014. As of Thursday’s target price, US oil futures are up about 3.2% this week. on doubts The US government will release oil from its strategic reserves shortly.

Natural gas prices, while declining on Friday, have repeatedly hit record highs as Europe and Asia vie for affordable liquefied natural gas. Europe buys, fearing that it may not have enough LNG for the winter. Asia bought to satisfy voracious demand.

5. Elon Musk says Tesla is moving its headquarters from California to Texas.

Elon Musk, CEO of Tesla, stands at the Tesla Gigafactory during a press conference. year.

Patrick Pöhl | painting alliance | painting alliance | Getty Images


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button