Stocks chop in thin trade as shutdown prevents payrolls – Newsquawk US Market Wrap


Source: zerohedge.com zerohedge.com

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SNAPSHOT: Equities mixed, Treasuries down, Crude higher, Dollar down, Gold up. REAR VIEW: ISM Services falls beneath bottom end of forecast range, with business activity tumbling; China reportedly pushes Trump to drop curbs; Trump threatens Hamas to make a deal by Sunday evening; Hamas agrees to release all Israeli hostages; OPEC+ reportedly set for Sunday hike, size unclear; Trump considering significant tariff relief for US auto production; Fed speak adds little new. COMING UP: Data: EZ Construction PMI (Sep), Sentix (Oct), Retail Sales (Aug), US Employment Trends (Sep), New Zealand NZIER (Q3). Speakers: ECB’s de Guindos, Lane, Escriva, Lagarde; BoE’s...