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Oct. 8 Premarket Briefing: 10 Things You Should Know


NEW YORK (TheStreet) -- Here are 10 things you should know for Thursday, Oct. 8:

1. -- U.S. stock futures were pointing lower Thursday ahead of the release of minutes from September's Federal Reserve policy-setting meeting.

European stocks wavered after German exports slumped.

Asian shares ended Thursday's session mixed but the Shanghai Composite Index in mainland China soared 3% as trading resumed after a week-long holiday.

2. -- The economic calendar in the U.S. on Thursday includes weekly jobless claims at 8:30 a.m., and the minutes from the Sept. 17 meeting of the Federal Open Markets Committee at 2 p.m.

3. -- U.S. stocks on Wednesday took a bumpy ride but managed to close higher, the day before the kickoff of third-quarter earnings season.

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Markets moved erratically, in line with crude oil, which rallied before slumping on an increase in domestic inventories.

The S&P 500 rose 0.8%, the Dow Jones Industrial Average added 0.73%, and the Nasdaq gained 0.9%.

4. -- Fiat Chrysler (FCAU) avoided a strike at its U.S. plants after reaching a tentative labor agreement with the United Auto Workers union.

UAW announced the agreement just after 11:59 p.m. Wednesday, which was the deadline the union had set to reach a new deal or possibly go on strike.

The automaker confirmed it had reached a new...