Published On Sep 30, 2024, 11:00 AM
US stocks opened lower as investors await the upcoming jobs report and a key speech from Federal Reserve Chair Jerome Powell. The mood in the market is cautious as analysts predict potential signals about interest rate adjustments amid mixed economic signals. Many are looking to this week's jobs data for further guidance on the Federal Reserve's monetary policy direction.
Negative
Investors may want to consider a cautious approach this week given the uncertainty surrounding the jobs report and Powell's remarks. Lower market performance may lead to volatility, especially in sectors sensitive to interest rates, such as technology and consumer discretionary.
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