Oddbean

Stock futures slide to kick off September trading: Live updates ========== U.S. stock futures declined on September 3, 2024, with Dow futures down 197 points (0.5%), S&P 500 futures down 0.5%, and Nasdaq-100 futures down 0.6%. Markets were closed on September 2 for Labor Day. The S&P 500 had a strong August, gaining 2.3% and marking its fourth consecutive winning month. Concerns over a potential recession and a hedge fund trade involving the Japanese yen contributed to early August's volatility. Deutsche Bank's Henry Allen noted a recovery post-August 5 due to positive economic data. Key economic reports are expected this week, including the August jobs report on September 6. Historically, September has been the worst month for the S&P 500, averaging a 2.3% loss over the last decade. Stocks making significant moves include United States Steel, Unity Software, and Boeing. #StockMarket #Futures #Economy #Investing #S&p500 #DowJones #Nasdaq #LaborDay #EconomicReports #MarketTrends https://www.cnbc.com/2024/09/02/stock-market-today-live-updates.html