Briefings

Week InReview: October 4, 2024

US stock futures mixed as traders await jobs data crucial for Fed's rate outlook.

Paring back | European stocks and US futures fluctuated ahead of key American jobs data that will help determine the path for interest rates. An oil price rally extended after spiraling tensions in the Middle East led to the biggest one-day jump in almost a year. Treasuries were flat after selling off on Thursday, and an index of dollar strength was set for the biggest weekly gain in nearly six months as traders pared back expectations for aggressive US rate cuts.


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