- As traders got ready for a US payrolls data that would lessen pressure on the Federal Reserve to hike interest rates once again, stocks rose along with US index futures.
- As a result of Aviva being mentioned in a publication as a target for potential bidders, insurers led increases in Europe's Stoxx 600 index.
- Following Thursday's 0.1% decline in the S&P 500 and 0.4% decline in the tech-heavy Nasdaq 100, US equities futures edged up slightly. Tesla Inc. experienced a decline in premarket trading as a result of price reductions on several of its most well-liked vehicles in the US.
- According to forecasts, companies decreased hiring last month, adding 170,000 positions as opposed to 187,000 in August, according to the nonfarm payrolls report. The story told by the job market earlier this week was contradictory: job vacancies exceeded expectations yet an ADP gauge of private employment was less than expected.
- Risky assets, such as stocks and corporate credit, are suffering from a worldwide bond selloff due to worries that central banks will maintain high interest rates for a longer period of time than anticipated. This past week, 30-year rates reached 5% for the first time since 2007.
- Russia lifts diesel exports ban via pipelines - IFX.
- German government expects GDP to decline by 0.4% in 2023 in draft autumn projections - Sources.
