Australia Jobs Miss; S&P Streak Ends; Russell 2000 Below 200-Day
Australia's September employment fell -39.3K against a +20K estimate, unemployment rose to 4.7%. In the US, the S&P 500 ended a 53-day streak without a -1% day — the longest since January 2020.
What we know
Australia's jobs data badly missed: employment fell -39.3K versus a +20K estimate, the unemployment rate rose to 4.7% from 4.6%, and the participation rate fell to 66.8%. Full-time jobs rose 34.4K but part-time cratered -73.7K. In US equities, an account on X noted the S&P ended a 53-day streak without a -1% down day — the longest since Jan 2020. Another account on X flagged the Russell 2000 closing below its 200-day moving average for consecutive sessions for the first time in 200+ sessions, a historically significant pattern.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.