Marathon Digital, Vaxart, Devon Energy: What to Watch in the Stock Market Today

Wall Street indexes wavered after the September jobs report showed a smaller increase in nonfarm payrolls than had been forecast. Here’s what we’re watching in Friday’s trading. 

  • Stocks in the crypto world, like bitcoin miner Marathon Digital MARA 2.79% and bitcoin wallet provider Coinbase, COIN -1.37% reversed premarket gains to edge down. The SEC approved Volt Equity’s ETF, which aims to track companies that hold a majority of their assets in bitcoin or derive most of their earnings from bitcoin-related activities.
  • Vaxart VXRT -1.41% shares ticked up in early trading after the company said its oral Covid-19 vaccine candidate has shown it could reduce the airborne transmission of the virus in an animal model.
  • Crude prices are climbing, and shares of energy producers are following them higher. Occidental Petroleum, OXY 3.54% Devon Energy DVN 3.80% and oil-services company Halliburton HAL 2.40% rose 0.9% were all on the rise.

A pump jack operated at a well site leased by Devon Energy Production Company near Guthrie, Okla., Sept. 15, 2015.

Photo: nick oxford/Reuters

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Write to James Willhite at james.willhite@wsj.com

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