Stock Market Today: Dow, Nasdaq Futures Slide To Kick Off September On A Weak Note—Nio, Signet, Zscaler In Focus

U.S. stock futures dropped on Tuesday following Friday’s negative moves. Futures of major benchmark indices were trading lower.

Transcript

00:00all right uh september is here and look out september starts under pressure as the entire

00:13market is got some down arrows here today or some red arrows here today s&p futures down almost

00:20nine tenths down 0.87 percent dow futures down 0.65 percent and the nasdaq down over a percent

00:29in early trading to open up the september months now uh some cues from last session here with most

00:37sectors and the s&p closing on a positive note on friday health care real estate and consumer staples

00:43recorded the biggest gains however it information technology and consumer discretionary stocks

00:49bucked the overall market trend and closed lower this contributed to u.s stocks settling down for

00:55the day with the nasdaq falling more than one percent despite the session's weakness all major

01:01indices did record gains for august the 30 stock dow gained more than three percent in august while

01:07the s&p recorded more than a two percent surge the tech heavy nasdaq also gained but it was the lowest

01:14at approximately 1.6 percent on the economic front the personal consumption expenditures price index

01:21or pce the fed board's measure of inflation increased 2.6 percent from a year earlier in july

01:29right in line with wall street's expectations u.s personal income increased by four tenths month over

01:36month while personal spending rose by half a percent now uh what's going on here president trump warned

01:46on monday that a record 15 trillion in planned investment in the u.s would be quote immediately

01:52canceled end quote if courts are permitted to strike down his tariff policies this declaration comes in

01:59response to a recent u.s appeals court ruling that deemed his administration's broad use of tariffs

02:05is unconstitutional he said there's going to be a backup plan for that it's likely going to go to

02:11the supreme court and then in the supreme court might even kick it back to the senate meanwhile the

02:1610-year treasury bond yielded 4.27 percent and the two-year bond came in at 3.65 percent