Episode Details

Stocks fell on Thursday as concerns over Middle East tensions kept investors on edge. NFP Friday.

The Dow Jones Industrial Average slid 184.93 pts or 0.44%, to end at 42,011.59. The S&P 500 lost 0.17% to close at 5,699.94. The Nasdaq Composite ended the day off 0.04% at 17,918.48 as a rally of more than 3% in Nvidia capped downside pressure.

Oil up 5% on Biden’s comments.

Friday’s nonfarm payrolls will show growth of 150,000, up from 142,000 in August. The unemployment rate is expected to hold steady at 4.2%.

ASX SPI down 27

COMMODITIES

• Oil gains ~5% as Middle East conflict stokes supply concerns.
• Gold holds steady as safe-haven demand counters stronger dollar.
• Exxon Mobil signals fall in third-quarter upstream earnings.
• IEA forecasts tight supply and record gas demand in 2025.
• OPEC oil output drops in September on Libyan outage.
• Libyan oilfields open now that central bank dispute resolved.

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