US PMI

Market Jitters as Labor Data and Geopolitical Tensions Weigh on Stocks, Currencies, and Gold | Daily Market Analysis

Key events: USA - Average Hourly Earnings (MoM) (Sep) USA - Nonfarm Payrolls (Sep) USA - Unemployment Rate (Sep) The S&P 500 declined on Thursday as investors responded to signs of a softer labor market and ongoing geopolitical concerns in the Middle East, with a key monthly jobs report on the horizon. The Dow Jones Industrial Average dropped 184 points, or 0.4%, while the S&P 500 fell 0.2%, and the NASDAQ Composite slipped by 0.1%.

Read more

S&P 500 Closes Lower Amid Rising Treasury Yields and Inflation Concerns | Daily Market Analysis

Key events: UK - Core Retail Sales (MoM) (Apr) Eurozone - ECB's Schnabel Speaks Canada - Core Retail Sales (MoM) (Mar) USA - Durable Goods Orders (MoM) (Apr) USA - Fed Waller Speaks  USA - Michigan Consumer Sentiment (May) The S&P 500 closed lower on Thursday as increasing Treasury yields, driven by persistent inflation concerns, dampened hopes for interest rate cuts. This overshadowed gains in tech stocks led by Nvidia.

Read more