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☆ US economy added 254,000 jobs in September, logging surprisingly robust growth
▼ + stars: | 2024-10-04 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

CNN —US job growth surged in September, blowing past expectations and providing solid reassurance for the ongoing stability of the labor market. Employers added an estimated 254,000 jobs in September, according to data released Friday by the Bureau of Labor Statistics. “The outlook for the economy in the months ahead is quite favorable, according to the September jobs report. As job gains dropped off from their once breakneck pace, economists were quick to note that the labor market was merely slowing and not at risk of imminent collapse. “The labor market is strong,” she said.

Persons: “, ” Brian Bethune, —, Chris Rupkey, ”, Elise Gould, Gould, Jerome Powell, September’s, it’s, ” Bethune, ‘, ’, Josh Hirt, ” Hirt, they’ve Organizations: CNN, Employers, Bureau of Labor Statistics, BLS, Boston College, Service, Federal Reserve, FwdBonds, Economic Policy Institute, Federal, Vanguard, Boeing

☆ Treasury yields rise as attention shifts to jobs data
▼ + stars: | 2024-10-03 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was up by over two basis points to 3.8056%. The 2-year Treasury yield was last at 3.6539% after rising by more than one basis point. U.S. Treasury yields were higher on Thursday as investors looked to the latest labor market insights and considered the state of the economy. Investors assessed the state of the economy as attention turned to the latest jobs data. Figures from ADP on Wednesday showed that private payrolls grew by more than expected in September, with private companies adding 143,000 jobs.

Persons: Jerome Powell Organizations: Treasury, Investors, U.S . Labor, Federal Reserve

☆ Active bond funds put up a strong performance — and they may be poised to stand out as rates fall
▼ + stars: | 2024-10-03 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Over the 12-month period ending June, about 2 of 3 active bond managers trounced their average passive counterpart, according to a recent analysis from Morningstar . There were a few tailwinds in active managers' favor. With the Fed recently cutting rates by a half point — and Chair Jerome Powell noting that two more quarter-point cuts could be in the cards this year — a new challenge awaits these active bond funds. As interest rates fall, active managers can position accordingly, said Roger Hallam, global head of rates at Vanguard. "We expect active managers to make a little more, and they should be because they're doing more trades and it costs more to manage active portfolios," said Olmsted.

Persons: —, Ryan Jackson, Jerome Powell, it's, Jackson, Paul Olmsted, Roger Hallam, wouldn't, Hallam, Morningstar, Olmsted Organizations: Federal Reserve, Morningstar, Vanguard, Bond Fund, SEC

☆ Paris Fashion Week: Highlights from the Spring-Summer 2025 shows
▼ + stars: | 2024-10-03 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +14 min

Editor’s Note: CNN Style is one of the official media partners of Paris Fashion Week. Fashion house Coperni took over Disneyland Paris on Tuesday evening and staged their show in front of the iconic Sleeping Beauty castle. Brand history was similarly front and center at Alexander McQueen, where Seán McGirr showed his second collection for the label. River Callaway/WWD/Getty ImagesBirds were a recurring motif in the Stella McCartney collection shown during Paris Fashion Week and chosen by the designer to protest their use in the fashion industry. Jerome Domine/Abaca Press/Sipa USA"I’ve been thinking of the billions of birds that get killed for the fashion industry," said McCartney.

Persons: Coperni, Lyvans Boolaky, Chemena Kamali, Pascal Le Segretain, Valentino, Alessandro Michele, Gucci, Michele, Alexander McQueen, Seán McGirr, ”, Johanna Geron, Ann Demeulemeester, Stefano Gallici, ” Gallici, Francois Durand, Alphonse Maitrepierre’s, Donald Duck, Miyake, Julien De Rosa, Kristy Sparow, Issey Miyake, Wool, knitwear, Mickey, Sébastien Meyer, Arnaud Vaillant, “, Chanel, Van Noten, Sarah Meyssonnier, Stella McCartney, I’ve, McCartney, Jerome Domine, Jerome, Andreas Kronthaler, Vivienne Westwood’s, Paul Watson, Dame Vivienne, Vivienne Westwood, Louis Sullivan, Junya Watanabe, Dior, —, Sagg Napoli, Sofia Ginevra Giannì, Jonathan Anderson's, Loewe, Ik, Louis Vuitton, Miu Miu, Miuccia Prada, Goshka Macuga, Saint Laurent, Yves Saint Laurent, Demna Gvasalia, Giovanni Giannoni, Dykes, Williams, Harri Shanahan, Thatcher, Antonin Tron, Gigi Hadid, McGirr, Donald, Justin Shin, Mary Jane, Victor Virgile Organizations: CNN, Paris, Paris CNN, Paris Fashion, Disneyland Paris, Getty, Pompidou, Disney, Balmain, Reuters, Callaway, Fashion, Abaca, Louis, Art, femmes, Lingerie Locations: France, Europe, Chloé, AFP, Paris, Bermuda, Greenland, Stockholm, London, Balenciaga, Siân

☆ India has emerged as one of the best global markets for the long haul. Here are the drivers—and how to play the rally
▼ + stars: | 2024-10-02 | by ( Pia Singh | In | ) www.cnbc.com time to read: +7 min

India's recent stock market surge has investors viewing the country as an emerging market poised for long-term outperformance. The India NSE Nifty 50 Index , the country's domestic stock market benchmark, has soared 18.7% this year, hitting record levels. "The data show that, historically, the Indian market has offered robust returns with reduced volatility." Going back to 2015, INDA has seen bigger annual gains and smaller declines than the broader emerging market fund. How to play the Indian market Financials are among investors' favorite spots in India's booming stock market.

Persons: It's, Malcolm Dorson, Dorson, GlobalX, Russell, —, EEM, INDA, Amr Abdel Khalek, Khalek, Jerome Powell, Venugopal Garre, Krishna Mohanraj, You've, Mohanraj Organizations: India NSE, Global, CNBC, U.S, Federal, Fed, Nasdaq, China, MRB Partners, Traders, Barclays, Diamond Hill Capital Management, HDFC Bank, ICICI Bank, Axis Bank, ICICI, HDFC, Whitehaven Coal, Prestige Estates Locations: India, China, Dorson, U.S, Whitehaven

Mortgage rates are starting the month a little higher, with 30-year rates hovering around 5.90%, according to Zillow data. But if conditions hold up, mortgage rates will likely remain near their current levels through the end of 2024. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: they've, Jerome Powell, you'll, They've, Freddie Mac, it's, Fannie Mae Organizations: Federal, Today's, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Nashville, Chevron

☆ Treasury yields rise as investors weigh economic, geopolitical outlook
▼ + stars: | 2024-10-02 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the 10-year Treasury yield was last up by 2 basis points at 3.766%. The yield on the 2-year Treasury was last less than 1 basis point higher at 3.625%. Treasury yields were last higher on Wednesday as investors weighed the state of the U.S. economy and considered the latest developments in the Middle East. Powell also said that the recent 50 basis point rate cut from the Fed should not be taken as a signal that the central bank will continue cutting rates aggressively. Treasury yields had pulled back Tuesday as investors looked to them for safety among the developments in the region.

Persons: Dow Jones, Jerome Powell, Powell Organizations: Treasury, U.S . Labor, Federal Reserve, Investors, Tuesday Locations: U.S, Iran, Israel, Lebanon

☆ What a resurgence in Wall Street dealmaking means for Morgan Stanley and Wells Fargo
▼ + stars: | 2024-10-02 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Great news for Club stocks Wells Fargo and Morgan Stanley : The rebound in investment banking isn't over yet. We'll find out to what extent when Wells Fargo reports earnings on Oct. 11 and Morgan Stanley delivers quarterly results on Oct. 16. MS YTD mountain Morgan Stanley (MS) year-to-date performance For Morgan Stanley, a resurgence in its investment banking division is crucial to our investment thesis and why we stuck with it. WFC YTD mountain Wells Fargo (WFC) year-to-date Morgan Stanley's IB business is much larger than Wells Fargo's. Wells Fargo, which has a strong wealth management franchise, is branching out to take a slice of the IB pie.

Persons: Morgan Stanley, We'll, Wells, Jerome Powell, Powell, Rebecca Brokmeier, Brokmeier, Morgan, Jim Cramer, Goldman Sachs, underperformance, Dan Simkowitz, Jim, We've, Charlie Scharf, Jim Cramer's, William McChesney Martin Jr, Anna Moneymaker Organizations: Club, Wells, Federal Reserve, Wall, P Global Market Intelligence, KPMG, Global, Fed, National Association for Business, CNBC, Morgan Stanley's IB, IB, Bloomberg News, Federal, Getty Locations: U.S, Nashville , Tennessee, Wells, Wells Fargo, Washington , DC

☆ Private payrolls show better-than-expected growth of 143,000 in September, ADP says
▼ + stars: | 2024-10-02 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Private sector hiring picked up in September, indicating the labor market is holding its ground despite some signs of weakness, payrolls processing firm ADP reported Wednesday. While hiring increased, the rate of pay growth took another step down. The ADP count comes two days ahead of the Labor Department's nonfarm payrolls report, which is expected to show growth of 150,000, following August's disappointing showing of 142,000, of which 118,000 came from private sector hiring. While the ADP report serves as a precursor to the official count, the two can differ, sometimes by wide margins. In a speech Monday, Fed Chair Jerome Powell characterized the labor market as "solid" while noting that it has "clearly cooled" over the past year.

Persons: Dow Jones, switchers, Job, nonfarm, Jerome Powell, Powell Organizations: Companies, Labor, Federal Reserve

☆ The big catalyst for the week: How to trade Friday’s job report
▼ + stars: | 2024-10-02 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

The best-case scenario for stocks is if Friday's jobs report comes in slightly above consensus, according to JPMorgan. Here are the bank's five scenarios: Above 200,000 jobs added: The S & P 500 trades flat or as much as 0.5% higher. Between 160,000 to 200,000 jobs added: The S & P 500 gains between 1% and 1.5%. Between 140,000 to 160,000 jobs added: The S & P 500 rises by 0.75% to 1.25%. Between 110,000 to 140,000 jobs added: JPMorgan traders see the S & P 500 sliding between 0.5% and 1.5%.

Persons: Jerome Powell, Dow Jones, JPMorgan's, Michael Feroli, nonfarm Organizations: JPMorgan, Investors, Federal Locations: U.S

☆ CNBC Daily Open: Markets just had an expectations-defying month
▼ + stars: | 2024-10-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Winning month and quarterU.S. markets rose on Monday to finish a winning month and quarter. In a filing, Cerebras reported a net loss of $127.2 million on revenue of $78.7 million for 2023. Markets predict measured response from IranIsrael has escalated fighting with Lebanese militia group Hezbollah, hitting Iran's proxy network across the Middle East.

Persons: Tesla, Jerome Powell, Powell, Cerebras, Michael Santoli Organizations: CNBC, . Federal, National Association for Business Economics, Nvidia, Systems, Nasdaq, Lebanese, Hezbollah Locations: Milan, Stellantis, Iran Israel, Iran, U.S, Beijing

☆ Treasury yields fall as investors look to fresh economic data
▼ + stars: | 2024-10-01 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET the yield on the 10-year Treasury was down by over three basis points to 3.7638%. The 2-year Treasury yield was last more than two basis points lower to 3.6289%. U.S. Treasury yields were lower on Tuesday as investors looked ahead to fresh economic data and weighed comments from Federal Reserve Chairman Jerome Powell. On Monday, he indicated that if economic data remained consistent, two more rate cuts could come this year but in smaller, 25-basis-point increments. More Fed policymakers are set to give remarks throughout this week, which investors will be following closely alongside the latest data releases.

Persons: Jerome Powell, Powell Organizations: Treasury, U.S, Federal, Investors, P Global U.S, Manufacturing, ISM, PMI, U.S . Bureau of Labor Statistics, Labor, Survey

☆ Investors hope October paves way for records as cryptocurrency enters historically strong month
▼ + stars: | 2024-10-01 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

A September surprise has given bitcoin a head start on a potential run to record highs in the fourth quarter. The cryptocurrency posted a 7.7% gain for September — historically its weakest month of the year — and its best month since May. The month has become known to native crypto investors as "Uptober." … As crypto becomes increasingly correlated with traditional markets, it's expected to be another strong month." Investors expect bitcoin's price will be driven by rate cuts, more inflows into bitcoin ETFs by institutions and clarity following the election.

Persons: Ether, Bitcoin, Jerome Powell, James Davies, " Davies, David Duong, Duong, we've, bitcoin, it's, — CNBC's Michael Bloom, Nick Wells Organizations: U.S, International Longshoremen's Association, Gulf Coasts, bitcoin Locations: U.S, China

☆ Yields on cash are cooling. Here are a few alternatives for your short-term dollars
▼ + stars: | 2024-10-01 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

It's only been two weeks since the Federal Reserve cut interest rates for the first time in more than four years, but investors are already getting paid less to park their extra cash. Central bank policymakers trimmed a half point from the fed funds rate in September, bringing it down to a range of 4.75% to 5%. That means that the days of 5% yields on idle cash are largely in the past, at least for the current cycle. Lock in with ladders Three key considerations for investors holding cash would be liquidity, yield and risk. For clients who want ready access to their cash, a high-yield savings account could be a solid bet, Sergunina said.

Persons: Jerome Powell, Arvind Narayanan, Anna Sergunina, Sergunina, Narayanan, Amy Arnott, isn't Organizations: Federal Reserve, Vanguard, Main, Financial, ., Federal Deposit Insurance, Morningstar, Bond, SEC Locations: Central, Los Gatos, Calif

☆ CNBC Daily Open: Markets defied expectations last month
▼ + stars: | 2024-10-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Winning month and quarterU.S. markets rose on Monday to finish a winning month and quarter. While that may remind investors of the 2015 bubble, when the Chinese stock market doubled in value over six months, analysts think things are different this time.

Persons: Tesla, Jerome Powell, Powell, Cerebras, Stocks Organizations: New York Stock Exchange, CNBC, Nikkei, . Federal, National Association for Business Economics, Nvidia, Systems, Nasdaq, CSI, CNBC Pro Locations: New York City, Asia, Pacific, China, Hong Kong, South

☆ Asia-Pacific markets mixed after Powell signals smaller rate cuts; China markets closed for holiday
▼ + stars: | 2024-10-01 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

Asia-Pacific markets are mixed on Tuesday, after Federal Reserve Chair Jerome Powell indicated the recent outsized cuts enacted by the U.S. central bank should not be interpreted as a sign that future moves will be as aggressive. "If the economy performs as expected, that would mean two more rate cuts this year, a total of 50 [basis points] more." The current federal funds rate stands at 4.75%-5%, with the expected additional 50 basis points in cuts set to take the Fed's benchmark interest rate to 4.25%-4.5% at the end of 2024. In Asia, traders will focus on the Bank of Japan's third quarter Tankan survey, which measures the level of business optimism among large Japanese companies. As such, the member said, "the Bank will not raise its policy interest rate when financial and capital markets are unstable."

Persons: Jerome Powell, Morgan Stanley, Ellen Zentner Organizations: Federal, U.S, Bank of, U.S . Federal Reserve, Liberal Democratic Party, Bank, Reuters Locations: Asia, Pacific, Japan

☆ Powell indicates further, smaller rate cuts, insists the Fed is 'not on any preset course'
▼ + stars: | 2024-09-30 | by ( Jeff Cox | Jeff Cox Is A Finance Editor With Cnbc.Com Where He Covers All Aspects Of The Markets | Monitors Coverage Of The Financial Markets | ) www.nbcnews.com time to read: +4 min

But we are not on any preset course,” he told the National Association for Business Economics in prepared remarks. A basis point equals 0.01%. “We do not believe that we need to see further cooling in labor market conditions to achieve 2 percent inflation,” Powell added. For his part, Powell expressed confidence in economic strength and sees inflation continuing to cool. Broader economic conditions also set the table for further disinflation.”Following the speech, Powell was scheduled to sit for a question-and-answer session with Morgan Stanley economist Ellen Zentner.

Persons: Jerome Powell, ”, ” Powell, Powell, “, Morgan Stanley, Ellen Zentner Organizations: National Association for Business Economics, Committee, Fed Locations: Nashville

☆ China's $114 billion stimulus package immediately boosted its stock market. But can it last?
▼ + stars: | 2024-09-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

AdvertisementUS financial firms' interest in China was on its last legs, but a new stimulus package has some investors excited again. The immediate impact of China's $114 billion package, which includes cutting interest rates and reducing the amount of money banks need to keep in reserve, has been big. Traders, investors, and speculators have sent China's stock market to its best month in nearly a decade , signaling that the market players think that Beijing's moves are a "bazooka." Our annual list of Wall Street rising stars is here. According to a new report from The Wall Street Journal, executives attempted to woo the AI researcher back before rescinding the offer.

Persons: —, Andres Martinez Casares, Alyssa Powell, Linette Lopez isn't, Linette, Jon Hicks, that's, David Tepper, He's, Tepper, Pan Gongsheng, BI's Filip De Mott, Wall, Natalie Ammari, Crypto, Donald Trump, Kamala Harris, Marc Piasecki, Tyler Le, who's, OpenAI execs, Ilya Sutskever, it's, Tara Anand, aren't, Jerome Powell, Ryan Routh, El Chapo, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Traders, Bank of China, bros, Trump, Getty, Houston Chronicle, Hearst Newspapers, Elon, Wall Street Journal, Netflix, Longshoremen's Association, National Association for Business Locations: China, New York, London, Chicago

The yield on the 10-year Treasury added more than 3 basis points to 3.787%. The 2-year Treasury yield was last at 3.637% after rising more than 7 basis points. U.S. Treasury yields advanced Monday as investors considered the state of the economy after the latest data release and commentary from Federal Reserve chair Jerome Powell. Investors were assessing the state of the economy, including the path ahead for inflation and what this could mean for interest rates after the release of key data. The 12-month inflation rate came in at 2.2%, down from 2.5% in July and the lowest since February 2021.

Persons: Jerome Powell, Powell, Dow Jones Organizations: Treasury, U.S, Federal, National Association for Business Economics, Investors, PCE, Fed, PMI

☆ A 'Roaring '20s' economy is becoming more likely as bullish factors stack up, UBS says
▼ + stars: | 2024-09-30 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

UBS predicts a "Roaring '20s" economy, assigning a 50% chance to such an expansion by 2030. Solid data revisions, along with Fed rate cuts, support the optimistic outlook. "It's no longer too soon nor too optimistic to suggest that the US will experience a Roaring '20s economy," UBS said. AdvertisementA slew of bullish factors suggest the economy could be headed towards "Roaring '20s" status, according to a Monday note from UBS. Advertisement"The bread crumbs suggest a policy reaction function that is directionally supportive of a Roaring '20s outcome," Draho said of the Fed Chairman Jerome Powell's full employment goals.

Persons: —, UBS's, Jason Draho, Draho, Jerome Powell's Organizations: UBS, Service, Treasury, Atlanta, CPI

☆ Gold pulls back but dovish Fed sets it for best quarter since 2016
▼ + stars: | 2024-09-30 | by ( ) www.cnbc.com time to read: +2 min

Ingots of 99.99 percent pure gold are placed in a workroom at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. Spot gold was down 0.2% at $2,653.38 per ounce, as of 0404 GMT, owing to a rise in the U.S. dollar . A stronger dollar makes gold less attractive for other currency holders. Bullion has risen slightly over 14% so far this quarter, its best since January 2016. This boosted expectations of an another outsized interest rate cut at the Fed's November policy meeting.

Persons: Tim Waterer, nonfarm, Jerome Powell, Michelle Bowman, Waterer Organizations: U.S ., Federal, KCM, U.S, Sunday Locations: Siberian, Krasnoyarsk, Russia, U.S, Israel, Yemen, Lebanon

☆ Disney lands an upgrade — plus, why we're considering adding to this laggard stock
▼ + stars: | 2024-09-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Don't overlook Disney : Shares of Club name Disney have quietly put together a solid September, up about 6% in the month. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jerome Powell, Powell, we've, Jim Cramer's, Coterra, McCormick, We'll, Jim Organizations: CNBC, Federal, National Association for Business Economics, Disney, Seaport Research, Seaport, Energy, Coterra Energy, Jim Cramer's Charitable Trust, Jim Cramer's Charitable Locations: Nashville

☆ Watch Fed Chair Jerome Powell speak live on economy, policy views
▼ + stars: | 2024-09-30 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Federal Reserve Chair Jerome Powell is set to speak Monday to the National Association for Business Economists during the organization's annual conference in Nashville. The central bank chair is delivering his assessment on the economy as well as his policy views. Following the speech, Powell will speak in a moderated discussion with Ellen Zentner, global head of thematic and macro investing at Morgan Stanley Wealth Management. The speech comes less than two weeks after the rate-setting Federal Open Market Committee approved a half-percentage-point reduction in its key overnight borrowing rate, the first rate reduction in more than four years. Markets expect the Fed to follow up with additional cuts this year and in 2025 depending on the path of the economic data.

Persons: Jerome Powell, Powell, Ellen Zentner Organizations: National Association for Business Economists, Morgan Stanley Wealth Management, CNBC, YouTube Locations: Nashville

☆ Oil prices rise on Middle East supply risks as Israel steps up attacks
▼ + stars: | 2024-09-30 | by ( ) www.cnbc.com time to read: +2 min

An oil platform in the Red Sea in Ras Behar region, Egypt on January 29, 2023. Oil prices edged higher on Monday on increasing concerns of potential supply disruptions from the Middle East producing region after Israel stepped up attacks on Iranian-backed forces. Brent crude futures for November delivery increased 16 cents, or 0.22%, to $72.14 a barrel as of 0043 GMT. That contract expires on Monday and the more-active contract for December delivery gained 10 cents, or 0.14%, to $71.64. "The recent escalation of attacks in the Middle East is increasing the likelihood of Iran being directly dragged into the conflict, putting a significant risk around supply disruptions at the OPEC producer," ANZ Research said in a note.

Persons: Brent, WTI, Israel, Iran's, Sayyed Hassan Nasrallah, Lloyd Austin, Jerome Powell Organizations: . West Texas, Organization of, Petroleum, Hezbollah, ANZ Research, Lebanon . U.S . Defense Locations: Red, Ras Behar, Egypt, Israel, China, Iran, OPEC, Yemen, Lebanon . U.S, Washington, Libya

☆ Stock futures are flat after S&P 500 closes at a record to end winning September: Live updates
▼ + stars: | 2024-09-30 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Stock futures were little changed on Monday evening, after the S&P 500 closed at a record to end September. S&P 500 futures inched lower by 0.1%, while Nasdaq 100 futures were just below the flatline. In the regular session, the S&P 500 and the 30-stock Dow notched closing records. All three major averages posted monthly gains, and it was the first positive September for the S&P 500 since 2019. The S&P 500, Dow and Nasdaq Composite also ended the third quarter in positive territory.

Persons: Jerome Powell, nonfarm, Dave Sekera Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Dow, Federal, Investors, Morningstar, Traders, International Longshoremen's Association, Gulf Coasts, U.S, U.S . Bureau of Labor Statistics, Labor, Survey, P Global U.S, Manufacturing, ISM, PMI Locations: New York City, U.S, Gulf

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