Stocks Rally After Strong Jobs Number

Written By Timmy Adami

October 4, 2024

MRKT Matrix - Friday, October 4th

  • S&P 500 rises after blockbuster jobs report (CNBC)

  • U.S. job creation roared higher in September as payrolls surged by 254,000 (CNBC)

  • Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report (CNBC)

  • Larry Summers Says 50 Basis Point Rate Cut in September Was ‘A Mistake’ (Bloomberg)

  • Did Analysts Cut EPS Estimates More Than Average for S&P 500 Companies for Q3? (FactSet)

  • Investment Strategy View: Energy Dominance (SoFi)

  • Spirit Airlines Explores Bankruptcy Filing (WSJ)

  • Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations (CNBC)

  • Texas Regulator Wants Data Centers to Build Power Plants (Bloomberg)

  • Robotaxis Can’t Be a Solo Act (WSJ)

Timmy Adami
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