Traders work on the ground on the New York Stock Exchange (NYSE) in New York, United States, September 3, 2025.
Jeenah Moon | Reuters
Future S&P 500 Checked above despite a low job of jobs in August while the traders bet that the data would lead the federal reserve to reduce rates later this month.
The long -term contracts linked to the wide market index increased by 0.4%. Future Nasdaq-100 won 0.9%, while term contracts are linked to Industrial average Dow Jones exchanged 29 points, or 0.1%.
The August employment report saw the US economy adding 22,000 jobs over the month, the Bureau of Labor Statistics reported on Friday. It was below the 75,000 that the economists interviewed by Dow Jones expected. Unemployment also increased to 4.3%, in accordance with expectations.
The traders hope that reading will provide support to the CAS of the Fed to move forward with a drop in rates provided at its September political meeting. According to the Fedwatch tool of the CME group of the Fedwatch group.
Not only that, the traders put a half-point reduction for the mid-house after the pay data, according to the Fedwatch tool. It is the duration of a zero chance of a large cut the day before.
“This gives the Fed the Green Light to reduce 25 base points and I think that this will bring 50 points of basis of rate reduction on the table for this FOMC meeting in September and that is why the markets are positive,” said Saira Malik, actions and fixed income of Nuveen, on the “Squawk box” of CNBC. (A basic point is 0.01%.)
Investors were heading for the non-Farm August pay report with actions coming out of a new record. They are Paris rate reductions recharge an economy that is unleashed but still in any danger of recession.
Actions are also on the rhythm of a winning week. The S&P 500 climbed 0.7%, while the Nasdaq composite rich in technology is recorded a gain of 1.2%. The Dow at 30 shares won 0.2%.
An increase in Broadcom The actions supported the movement of Friday above. This occurs in the latest quarterly results of the flea manufacturer by defeating the expectations of Wall Street. The director general of the company, Hock Tan, also revealed during a call with analysts that Broadcom had obtained $ 10 billion in Personalized Ai Puces Orders from a new customer.
