Stocks fall with jobs data in focus, oil prices spike: Yahoo Finance

US stocks (^DJI,^GSPC, ^IXIC) are under pressure after initial jobless claims data ticked higher. Oil prices (CL=F, BZ=F) are climbing once again as Wall Street reacts to President Biden’s remarks that revealed discussions taking place about Israel striking Iran’s oil facilities. This comes after Prime Minister Benjamin Netanyahu vowed to retaliate against Iran’s missile attack on Israel. Meanwhile, the housing market remains under pressure as mortgage rates rose slightly this week, according to Freddie Mac. With consumers and investors alike looking for more relief from interest rates, all eyes are on September’s jobs report, which will give key insight into the Federal Reserve’s next moves. Other trending tickers on Yahoo Finance include EVgo (EVGO), Palantir (PLTR), and Nvidia (NVDA).

Key guests include:
3:00 p.m. ET – Jeremy Schwartz, WisdomTree Global Chief Investment Officer
3:20 p.m. ET – Dennis Lockhart, Former Federal Reserve Bank of Atlanta President
4:20 p.m. ET – Neil Dutta, Renaissance Macro Research Head of Economics
4:30 p.m. ET – Sandeep Ajula, Intuit CFO
4:45 p.m. ET – Chris Swonger, Distilled Spirits Council CEO (edited)