CNBC Daily Open: The September jobs report is key
Publishing timestamp: 2023-10-06 02:14:21
Summary
The article discusses the anticipation of the September job report and its potential impact on the stock market. It also mentions the high 10-year Treasury yield and its influence on various aspects of the economy. Additionally, it mentions the potential for a 20% sell-off in the S&P 500 if interest rates remain high. The article also discusses China's proposed easing of rules for data exports and the opportunities it presents for foreign companies. Finally, it highlights the muted activity in the markets and the importance of the upcoming jobs report in determining market conditions.
Sentiment: MIXED
Tickers: .IXIC, JPM, .SPX, BABA, .DJI, C, 3690-HK, ALO-FR, GS, 700-HK,
Keywords: personnel, tencent holdings ltd, alibaba group holding ltd, jpmorgan drn, dow jones industrial average, citigroup inc, world markets, china, economic events, meituan, jobs, goldman sachs group inc, s&p 500 index, markets, alstom sa, business news, nasdaq composite,
Source: https://www.cnbc.com/2023/10/06/stock-markets-the-september-jobs-report-is-key.html