Nvidia’s AI summit, Tesla’s robotaxi, Amazon Prime Day, inflation: What to watch in the markets this week

October 6, 2024

Last week closed on a positive note, with two key developments easing concerns about the economy. A strong jobs report helped calm fears of a weakening labor market, while the resolution of the dockworkers’ strike alleviated worries about supply chain disruptions. In addition, oil prices, which had surged early in the week due to Middle East tensions, saw a welcome pullback by the weekend.