Oil Prices Drop and Jobs Report Awaited as Markets Steady After Rollercoaster Week
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Oil prices have fallen sharply this week, providing some inflation relief but raising growth concerns.
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Attention turns to U.S. jobs report today, expected to show slowing but still solid hiring in September.
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Bond yields retreat but remain high after spiking earlier this week, reducing pressure for more Fed hikes.
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Stock markets steady, helped by lower yields and oil prices, after rebounding from rout earlier in week.
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Political dysfunction in Washington remains as government shutdown risk looms again next month.