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Friday, September 4, 2026

Gigantum.net
Business

Stock market today: Dow, S&P 500, Nasdaq futures hold steady ahead of key jobs report

All eyes were on the August jobs report for clues about the health of the labor market and whether the data could tip Fed interest rate bets one way or the other.

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US stock futures were little changed on Friday morning as investors awaited the release of the government's August jobs report.Futures on the Dow Jones Industrial Average (YM=F) slipped below the flatline and S&P 500 (ES=F) inched higher after the two benchmark indexes posted their best day in nearly a month, while contracts for the Nasdaq-100 (NQ=F) rose 0.4%.Stocks surged the day before after Fed governor Chris Waller remarked that he was leaning toward holding interest rates steady, prompting traders to pare bets that the Federal Reserve would raise rates in September. Markets now see a roughly 50-50 chance of the Fed moving to further restrict financial conditions, according to CME Group.All eyes were on the August payrolls report, scheduled for release at 8:30 a.m. ET. Economists expect the US to have added 55,000 jobs, rebounding from an unexpected decline in job growth in July. The economic data out this week suggests the labor market remains stuck in a pattern of sluggish but stable growth. In individual stock moves, Lululemon stock tanked 18% in premarket trading after the athleisure apparel company cut its revenue and profit guidance, and second quarter revenue declined. There are no other notable earnings reports scheduled for Friday.

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