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Squawk on the Street

Squawk on the Street

10AM Hour: G7 To Release 100M Barrels of Oil, Nike Goes off Track, Goldman’s First Reaction to Jobs Report 10/2/26

Oct 2, 2026 · 43m

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Breaking developments in the energy market as the G7 announces a coordinated 100 million-barrel release, including a major diesel drawdown, aimed at easing supply pressures. Plus, Nike shares sink after weak guidance and more layoffs, prompting one longtime bull to drop his buy rating. And Goldman Sachs Chief Economist, Jan Hatzius, with his first reaction to the jobs report. Squawk on the Street Disclaimer