Your Money

If September ended with a thud, then October started with a bang. Markets kicked off with the S&P 500 logging its biggest two-day rise since April 2020 before giving back much of those gains later in the week on the back of a strong jobs report. The September Employment Report reflected continued strength in the labor market, stoking concerns about continued aggressive rate hikes from the Fed.

In addition, OPEC+ announced a production cut of 2 million barrels per day starting in November. This announcement sent oil prices rising 17% and the S&P 500 energy sector up almost 14%.

Inflation and corporate earnings will continue to stay in focus, with both getting big data points later this week.

Weekly Wrap
source: briefing.com

Your Life

It’s Fall which means, among other things, it’s apple season. However, how much do you know about the humble fruit? Did you know that there are more than 7,500 varieties? Eating apples can keep the doctor away by protecting bones, preventing cancer, and lowering cholesterol. Eat raw or add it as a sweet, delicious component to something savory. Bake, puree, pickle, fry, and use as a substitution or an added ingredient surprise. Check out these other facts about apples. I bet there is at least one that you didn’t know.

Apple Facts
source: facts.net

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