1) There were 134,000 jobs added to the US economy in September, the lowest this year. The unemployment rate is down to 3.7%, the lowest in 49 years. The trade war does not seem to be effecting the US economy yet.
2) The global markets took a hit amid reports of China using special spy-chips in servers to facilitate hacking.
3) The stock market suffered a drop because of the dropping of job numbers, coupled with increasing fears of interest rates being raised to forego inflation. Additionally, there is the increase cost in energy.
4) 5 OCT 18 Stock market closings:
Dow 26,447.05 down 180.43
Nasdaq 7,788.45 down 91.06
S&P 500 2,885.57 down 16.04
10 Year Yield: up at 3.22%
Oil: $74.29 down from $74.65