Stocks Mixed as Job Gains Spark Rate Hike Talk; Oil Jumps on Middle East Tensions
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U.S. stocks closed higher on Friday after September job growth beat expectations, sparking Fed rate hike discussions.
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Asia-Pacific markets were mixed on Monday; Australia rose on oil gains while Chinese stocks fell amid Middle East tensions.
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European indexes were narrowly mixed in early Monday trading. Crude oil and gold jumped on geopolitical unrest.
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U.S. stock futures declined Monday morning after last week's gains. The U.S. dollar rose against major currencies.
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Analysts say oil prices are sensitive to Middle East conflicts, warning of potential knee-jerk reactions.