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Daily Market Snapshot: US Stock Markets End Trading Day Close to Flat

US Stock markets ended the trading day close to flat after jobs data came in better than expected and Middle East tensions continued to weigh on sentiment.

The dollar and treasury yields powered ahead again after the stronger US numbers pointed to the potential for a better result on Friday when NFP data was released and Oil again pushed higher as Middle East considerations outstripped a bigger US inventory update.

There is more key tier 1 data due out today across the later two trading sessions and traders will continue to monitor their newswires closely for any updates out of the Middle East.

Market	Change	Close
Dow	+0.09%	42,196
S&P	+0.01%	5,709
Nasdaq	+0.08%	17,925
USD	+0.42%	101.68
US Treasury – 2 Year	+1.4 bps	3.635%
US Treasury – 10 Year	+4.4 bps	3.783%
Oil – Brent	+0.46%	$73.90
Oil – WTI	+0.39%	$70.10
Gold	-0.15%	$2,657.41

Today’s Events (AEST):

Asian Session

All Day – China – Bank Holiday

European Session

All Day – Germany – Bank Holiday

4.30 pm – Switzerland – CPI Data

US Session

10.30 pm – US – Weekly Unemployment Claims Data

11.45 pm – US – Final Service PMI Data

12.00 am – US – ISM Service PMI Data

Last Updated: October 3, 2024

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