US stocks (^DJI, ^GSPC, ^IXIC) are under pressure following a rise in initial jobless claims. Crude oil prices (CL=F, BZ=F) are rising again as Wall Street reacts to President Biden’s remarks that Israel is discussing an attack on Iranian oil facilities. This comes after Prime Minister Benjamin Netanyahu vowed to retaliate for Iran’s missile attack on Israel. Meanwhile, the housing market remains under pressure as mortgage rates rose slightly this week, according to Freddie Mac. Consumers and investors alike are calling for further interest rate relief, with all eyes on September’s jobs report, which will provide key insight into the Federal Reserve’s next move. Other trending tickers on Yahoo Finance include EVgo (EVGO), Palantir (PLTR), and Nvidia (NVDA).
The main guests are:
3:00 PM ET – Jeremy Schwartz, WisdomTree Global Chief Investment Officer
3:20 p.m. ET – Dennis Lockhart, former president of the Federal Reserve Bank of Atlanta
4:20pm ET – Neil Dutta, Head of Renaissance Macro Research and Economics
4:30 PM ET – Sandeep Ajula, Intuit CFO
4:45pm ET – Chris Swonger, Distilled Spirits Council CEO (editor)