Friday's morning market movers
Markets have been hit by the latest job numbers from the Bureau of Labor Statistics. The numbers showed better than expected job numbers and that means the Fed is likely to continue its aggressive stance on interest rates for a while yet. And that’s not great news for stock markets – the S&P 500 is currently down 2.4% at 3,564.
As stock prices fall, the oil price has continued to rise. That’s helped oil stocks. Today we look at two oil stocks on the rise as well as a big faller in the tech sector, down 11%. Even that fall was eclipsed by a 17% stock price crash for a marijuana business. And there's bad news for an American healthcare giant. Read on for Friday's early risers and fallers.
Ed Bowsher
07 October 2022
Features
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