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Morning Report 06 Sept 24: S&P 500 posts third straight loss as growth fears plague investors
Manage episode 438430477 series 3531694
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Wall Street has seen mixed results as weak employment data weighed on sentiment, with U.S. private payrolls falling to a three-and-a-half-year low. Ryan also previews the highly anticipated U.S. government payroll data set for release on Friday. In company news, Tesla is preparing to launch a new drive-assist system in China and Europe. Meanwhile, oil prices remain at a 14-month low due to demand concerns, while metal prices firmed. Aussie shares are expected to rise, with the Aussie dollar supported as the RBA maintains its hawkish stance.
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