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Weekly Update - September 6, 2024

Written by Fobi | Sep 6, 2024 11:30:00 PM

 

Fobi Updates


Fobi Shares

Volume of shares traded: 1,223,251
Net change: No change

 

Top News

Dow Jones Industrial Average

Last: 40,345
Net Change: -1.01% (−410)

 

Nasdaq Composite Index

Last: 16,691
Net Change: -2.55% (−437)

  1. US stocks open marginally higher after the US jobs report

  2. Fed’s favorite inflation indicator increased 0.2% in July, as expected

  3. Unemployment rate falls to 4.2%, labor market adds 142,000 jobs

  4. Bank of Canada cuts key interest rate to 4.25%, citing cooling inflation

  5. OpenAI co-founder Ilya Sutskever raises $1 billion for his new AI firm