US stock futures remained relatively unchanged following the release of new economic data that heightened expectations for Friday’s jobs report and increased speculation regarding a potential Federal Reserve rate cut this month. Futures for the Dow Jones Industrial Average showed a slight dip of 0.1%, while those for the S&P 500 and tech-heavy Nasdaq 100 held steady.
Earlier in the week, U.S. stocks experienced modest gains, driven by a report on job openings that indicated a continued softening in the labor market. This data has led investors to feel more assured that Fed officials might decide to cut interest rates at the upcoming September meeting. Notably, shares of Alphabet rose, providing a boost to the Nasdaq Composite after a favorable antitrust ruling which removed significant regulatory concerns for the tech giant.
In after-hours trading, Salesforce’s shares fell sharply after the company reported a revenue forecast that disappointed investors. Similarly, Figma’s stock suffered a decline following its first earnings report post-IPO. In contrast, American Eagle saw a significant increase in its stock price, buoyed by optimistic sales forecasts attributed to advertising campaigns featuring actress Sydney Sweeney and football star Travis Kelce.
Looking ahead, Thursday promises more insights into the labor market, with the release of ADP private payroll figures and initial jobless claims. Additionally, earnings reports will come from companies including Broadcom, Lululemon, and DocuSign.
However, all eyes are on the upcoming jobs report scheduled for release on Friday. Last month’s jobs report took analysts by surprise with indications of a fragile labor market. If this latest report reveals further signs of stress, it could prompt investors to anticipate a more substantial interest rate cut from the Fed than what is currently expected.
Investors and market watchers are gearing up for comprehensive stock market coverage on Thursday, September 4, 2025, as they continue to assess the evolving economic landscape.