CNBC Daily Open: Look beyond the headline jobs number
Publishing timestamp: 2023-10-08 20:05:09
Summary
Israel declares war on Hamas, causing oil prices to spike. US nonfarm payrolls exceed expectations, but wage growth is lower than expected. Markets initially react negatively but rebound later in the day. Investors will be watching inflation numbers this week.
Sentiment: MIXED
Tickers: .SPX, .DJI, PHG, PHIA-NL, .IXIC,
Keywords: jobs, israel, s&p 500 index, personnel, united states, koninklijke philips nv, nasdaq composite, labor economy, business news, economic events, technology, inflation, dow jones industrial average, world markets, markets, hamas, prices,
Source: https://www.cnbc.com/2023/10/09/stock-markets-look-beyond-the-headline-jobs-number-.html