Payrolls, Tesla’s California Leavin’, Energy Mayhem – What’s Moving Markets By Investing.com – Investing.com

  • Date: 08-Oct-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Middle East
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Payrolls, Tesla’s California Leavin’, Energy Mayhem – What’s Moving Markets By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- It's time for the monthly U.S. labor market report, and half a million Americans are expected to have found work last month. Recent data suggests the risk is for an upward surprise. Stocks are rangebound until the release at 8:30 AM ET (1230 GMT), but bond yields are keeping the pressure on, hitting new highs overnight. Tesla (NASDAQ:) is leaving California, and the world's energy markets continue to run riot with shortages from Europe to India and China. Here's what you need to know in financial markets on Friday, 8th October.

1. Payrolls to cement expectations of Fed tapering