Market Updates

Marcus Today Pre-Market Podcast – Wednesday 4th October


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 The blue-chip average is down around 470 points, or 1.4%, on Tuesday. The Dow last performed worse on March 22, when the index slid 530 points, or 1.6%. 
The S&P 500 slid 1.37%, touching its lowest level since June during the session and closing at 4,229.45. The tech-heavy Nasdaq dropped 1.87% to end at 13,059.47 as growth stocks saw some of the biggest losses.

  • US job openings (JOLTS) post largest increase in two years; quits rate unchanged.
  • Indexes ended sharply lower as data adds to rate worries.
  • Stocks slip, yields rise after US jobs data suggest higher rates.
  • Yields hit 16-year highs; technical factors add to pressure.
  • Toronto market falls to 1-year low as bond yields jump.
  • Hong Kong-listed China shares experienced their worst session since July.
  • Yen surges against dollar, leads some to suspect intervention.
  • Banks stocks back in vogue for hedge funds in September -Morgan Stanley.
  • Meta to lay off employees in metaverse silicon unit on Wednesday.
  • US senators hope to meet with Xi during China trip next week.
  • McCarthy ousted as House Speaker.
  • US warns China it plans to update chip export rules to prevent China accessing advanced AI chips.


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