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All US major indices finished slightly below the flatline on Thursday, as investors cautiously awaited the highly-anticipated payrolls report due today. The Dow closed marginally lower, while the S&P 500 and the Nasdaq 100 lost 0.1% each. Materials, consumer staples, and utilities were the worst-performing sectors while healthcare outperformed. In Europe, equity markets closed mostly higher after a volatile session but held close to March lows as investors continued to show unease with higher bond yields and growing concerns that higher interest rates will be the new norm for central banks moving forward.
Summary for 06.10.2023
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