Market Brief 3 October, 2024

Good evening, investors and traders! The markets are experiencing a mixed day, with the S&P 500 Index (GSPC) down by -0.31% to 5,692.12 and the Nasdaq 100 Index (NDX) down by -0.23% to 19,756.21. The SEC has filed an appeal against the ruling in the Ripple case, which has caused XRP to drop by 10%. The US government is discussing the possibility of Israel striking Iran's oil facilities, which has caused oil prices to rise. The US ISM Services Index rose to 54.9 in September, indicating a strong economy. The US jobless claims rose to 225,000, indicating a cooling labor market.