Stock Market Today: S&P 500, Dow Futures Rise As Investors Brace For Employment Data, Nvidia Earnings This Week—Alphabet, Boeing, Palantir In Focus

Benzinga

U.S. stock futures advanced on Monday after Friday’s mixed close. Futures of major benchmark indices were higher.  Even as the full resumption of post-shutdown economic data remains uncertain, investors will receive the long-awaited September jobs report on Thursday, according to the BLS website.  This delayed report offers a crucial snapshot of the labor market, especially as recent caution from Fed officials has cast doubt on a rate cut next month.

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00:00futures flattish ahead of monday's open here s&p futures up 0.04 percent the dow futures down

00:130.01 percent basically unchanged and the nasdaq futures higher by 0.09 percent so pretty much

00:21unchanged across the board let's go ahead and take a look at some cues from last session here

00:26sectors of the s&p 500 were mostly negative on friday with materials financials and communication

00:32services recording the biggest losses even as the full resumption of the post-shutdown economic data

00:39remains uncertain investors will receive the long-awaited september jobs report on thursday

00:45and that is according to the bls website so we're starting to get some of that data flowing again

00:50here this delay report offers a crucial snapshot of the labor market especially as recent caution

00:56from fed officials has cast doubt on a rate cut next month shout out to brian for highlighting

01:02that here early additionally investors await nvidia's earnings results which is scheduled for release

01:08this week on wednesday after the market closes meanwhile the 10-year treasury bond yielded 4.12

01:14percent and the two-year bond was at 3.60 percent now we have several stocks in focus today and the

01:22big one is google that's ticker g-o-o-g or g-o-o-g-l depending on which class of shares you

01:28trade shares rose 5.39 percent in the pre-market on monday after warren buffett's berkshire hathaway

01:35unveiled the new stake worth 4.34 billion of the class a shares in the company of the are in the

01:42company excuse me on friday this was after the closing bell so google getting a huge pop here warren

01:48taking a stake remember warren has said in the past they were disappointed that they didn't buy

01:53more google in the past well here we go buying google here unclear if it's actually warren or

01:59somebody else at berkshire but nonetheless a huge stake there google trading higher here today

02:05congrats to all of the google long holders dell is our second stock on the list this ticker d-e-l-l

02:11they tumbled 4.04 percent after morgan stanley downgraded it to underweight from overweight on

02:18monday cutting its price target from 144 to 110 that's according to investing.com i haven't got a

02:24chance to pour through that report but from what i understand uh they see i guess a little bit of

02:30slowness on the hardware side still have to go through that and pick out some more details i think

02:34that might mean something for trades going forward but uh just know dell down today on a morgan stanley

02:40downgrade boeing is the next stock on the list that's ticker ba that was up three tenths as uh

02:46emirates placed its third order for the 777x airplanes to fuel future expansion and meet growth

02:53travel demand so boeing here up slightly in the pre-market palantir is our next stock ticker pltr that

03:00advanced 0.73 percent as it partnered with multiverse to launch new fdp specific apprenticeship

03:07programs designed to upskill nhs staff on the palantir supplied federated data platform that

03:15was a mouthful it aims to leverage ai and data skills to enhance patient care and operational

03:21efficiency so palantir more news there more gains in the pre-market last stock on our list here is going

03:29to be heimrich and pain uh excuse me helmrich and pain helmrich and pain excuse me ticker hp it fell

03:350.47 percent as analysts expect it to report earnings of 25 cents per share on revenue of 973.68 million

03:44after the close today

03:45you

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