LIVE BLOG05 Sep 2026 | 01:37:42 AM ISTWall Street closes lower as strong jobs data lifts Fed hike bets.SynopsisDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Highlights: Wall Street ended lower on Friday after a stronger-than-expected US jobs report raised expectations of a Federal Reserve rate hike this month. The S&P 500, Nasdaq and Dow fell, while investors turned their focus to next week's inflation data for clues on the Fed's policy path.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Highlights: US stocks closed lower on Friday after August payrolls surged to 162,000, nearly three times the market consensus, strengthening expectations of a Federal Reserve rate hike this month. The S&P 500 fell 0.38%, Nasdaq 0.30% and Dow 0.54%. Lululemon tumbled after cutting its full-year forecasts, while Adobe fell after announcing CEO Shantanu Narayen's succession. Investors now await next week's CPI and PPI data for further signals on inflation and interest rates. Show more Show less1 New UpdateDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Highlights: US stocks end lower as solid jobs data fuels hawkish Fed betsWall Street dipped on Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will increase its key interest rate at this month's monetary policy meeting. Read moreDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US Treasury yields move higher following strong jobs report as focus shifts to inflation dataTreasury yields climbed on Friday after a surging employment report prompted bond investors to price in higher odds of Federal Reserve interest rate hikes. Yields on policy-sensitive two-year notes pushed up to 4.37% as nonfarm payrolls crushed market forecasts, reinforcing hawkish statements from central bank officials like Chair Kevin Warsh and Cleveland Fed President Beth Hammack. However, market yields backed off their session highs as traders turned their attention to next week's crucial core consumer price index reading, which will serve as the primary catalyst for the central bank's upcoming September rate decision.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: AI cloud startup Nscale pursues 3.5 billion dollars in pre-IPO financingLondon-based artificial intelligence cloud provider Nscale is in talks to secure up to 3.5 billion dollars in funding ahead of an initial public offering that could raise another 3 billion dollars. The pre-IPO package includes a potential 1.5 billion dollar convertible note deal led by hedge fund Third Point alongside roughly 2 billion dollars in financing from Nvidia. Powered by massive computing contracts with companies like Anthropic and Figure, Nscale is seeking to expand its global AI data center footprint across Norway and the United States.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Trump's sweeping Venezuela oil agreement sparks deep concern across the US energy industryPresident Donald Trump's landmark oil deal with North American Blue Energy Partners has unsettled major US energy executives, who fear the arrangement cuts them out of prime development opportunities in Venezuela. Under the pact, the US government holds a 35% stake in the private company and receives 100-year rights to 17 major oil fields, creating what industry leaders view as a state-backed competitor. While the White House defends the deal as a necessary step to rapidly boost crude output and replace Chinese and Russian influence, oil producers worry the move short-circuits commercial negotiations, concentrates power with controversial figures, and limits access to lucrative reserves.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US energy firms keep overall rig count unchanged at 588US energy companies kept the total number of active oil and gas rigs flat at 588 for a second consecutive week, according to data from Baker Hughes. While a gain of two oil rigs was offset by a decline of two natural gas rigs, domestic crude and gas production is still projected to hit new records in 2026. Higher expected oil prices driven by Middle East supply disruptions and rising natural gas demand from data centers and exports continue to support a stronger production outlook following years of rig reductions.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Federal judge upholds Minnesota's AI nudification ban against xAI lawsuitA federal judge rejected Elon Musk's xAI request to block Minnesota's groundbreaking law against AI-generated fake nude images, allowing the ban to remain active while the constitutional challenge proceeds. U.S. District Judge Donovan Frank ruled that xAI failed to prove immediate harm from the law, which prohibits software developers from letting users generate nonconsensual sexual imagery of identifiable individuals. Minnesota officials praised the decision to keep the bipartisan protections in place, while xAI continues its First Amendment lawsuit alongside efforts to prevent users from bypassing Grok's safeguards.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Trump warns US may soon strike Iran's Pickaxe Mountain facilityPresident Donald Trump told reporters on Friday that the United States could target Iran's Pickaxe Mountain in the near future. The heavily fortified site, situated near the Natanz uranium enrichment facility, contains two deeply buried underground tunnel complexes.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Strong jobs report fuels Fed rate hike prospects as Trump escalates rate cut pressureA stronger-than-expected U.S. jobs report has put a September interest-rate hike back firmly on the table, leaving Federal Reserve Chair Kevin Warsh facing a difficult choice as President Donald Trump intensifies his demands for lower borrowing costs, Reuters reported. Read moreDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: JPMorgan cuts China Pacific Insurance short position to 1.78%Jpmorgan Chase & Co's Short Position In H-Shares Of China Pacific Insurance Decreases To 1.78% On Aug 31 From 2.28%, HKEX Filing SaysDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: AI startup Micro1 bids 12.5 million dollars for Spirit Airlines dataArtificial intelligence startup micro1 Inc. submitted a late 12.5 million dollar court bid to acquire Spirit Aviation's vast business records, attempting to outbid Google's previously negotiated 10 million dollar deal. The startup claims its higher offer includes privacy protections such as deidentifying customer chats and excluding sensitive worker records, addressing concerns raised by former airline unions. However, the takeover attempt faces steep procedural hurdles, as a bankruptcy judge is scheduled to review Google's court-approved auction victory on September 9 following Spirit's liquidation.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Most Declined Nasdaq StocksDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Most Advanced Nasdaq StocksDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Strong US jobs growth accelerates in August while unemployment remains at 4.1%US nonfarm payrolls surged by 162,000 in August, nearly tripling market expectations and fueling bets that the Federal Reserve could raise interest rates at its upcoming September meeting. The strong hiring rebound was led by gains in leisure, hospitality, and local government education, while the overall labor force participation rate rose to 61.6% alongside a longer average workweek. Though moderate wage growth suggests the labor market itself is not stoking inflation, the robust economic data has shifted market focus heavily toward next week's consumer price index report to see if central bankers will move forward with monetary tightening.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US natural gas rig count declines as oil drilling activity holds steadyThe number of active natural gas drilling rigs in the United States dropped by two to 130 this week, according to new data released by energy services firm Baker Hughes on Friday. Meanwhile, domestic oil rigs rose by two to reach 449, while the total count for horizontal rigs commonly used in shale production held steady at 535.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Cleveland Fed chief Beth Hammack urges rate hikes to combat inflationFederal Reserve Bank of Cleveland President Beth Hammack renewed her call for higher interest rates on Friday, warning that current monetary policy is not sufficiently restrictive to bring down elevated inflation. Writing on LinkedIn, Hammack emphasized that both economic data and feedback from businesses in her district indicate price pressures remain stubbornly above the central bank's target. She argued that policymakers must act decisively to raise rates, cautioning that allowing inflation to persist at high levels will make it significantly harder to control in the long run.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Bond traders increase Fed rate hike odds following strong jobs reportBond traders responded to August's surprisingly strong employment report by increasing bets on a Federal Reserve interest rate hike at its upcoming mid-September meeting. Yields on policy-sensitive two-year Treasuries surged to 4.37% as swap contracts began pricing in a higher likelihood of monetary tightening, though gains were tempered as investors turned their attention to next week's crucial consumer price report. While the robust labor market removes obstacles to a potential rate increase, analysts emphasize that upcoming inflation figures will serve as the ultimate deciding factor for central bankers.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Goods producers outperform services as AI investment drives job growthEmployment gains in US manufacturing and construction are currently outpacing the broader service sector as massive investment in artificial intelligence infrastructure accelerates across the country. Goods producers saw payrolls rise 0.6% over the six months through August, led by strong hiring in data center construction, factory building, and equipment manufacturing. Supported by recent federal tax incentives, this industrial momentum generated the strongest three-month manufacturing job growth since 2022 and served as a primary driver behind August's overall employment beat.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Copper approaches record high as inventory shortages drive a 10-week winning streakLondon copper rose 0.5% to $14,405 a metric ton on Friday, bringing the metal within reach of its all-time peak and locking in a 10th consecutive weekly gain. The sustained rally is being driven by sharp declines in inventory outside the United States, as massive American imports ahead of potential trade tariffs leave supply constrained across international markets. While a stronger US dollar temporarily capped broader commodity momentum, low physical stockpiles continue to underpin copper prices alongside gains across other industrial metals like zinc and aluminum.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: NYSE American most active stocksDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Gold slides as strong US jobs data drives Federal Reserve rate hike betsGold prices dropped over 1% on Friday, putting bullion on track for a weekly decline after a surprisingly strong US jobs report bolstered expectations of a Federal Reserve interest rate hike this month. The August employment surge and a steady 4.1% unemployment rate pushed short-term rate-hike odds up to 65%, strengthening the US dollar and reducing investor demand for non-yielding precious metals. Market participants are now turning their attention to next week's consumer and producer inflation readings, which are expected to serve as the ultimate determining factor for the central bank's mid-September policy decision.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Major personnel departures trigger heavy oil bets at Simplify quant ETFThe $1.6 billion Simplify Managed Futures Strategy ETF has parted ways with its external adviser and both portfolio managers as the firm brings fund operations in-house. Following internal interventions over recent months, the trend-following fund drastically consolidated its portfolio, scrapping interest-rate exposures to concentrate roughly 75% of its risk weighting in Brent crude and diesel futures. This pivot toward heavy oil speculation has significantly heightened volatility and caused the fund to slightly lag behind its benchmark, though Simplify leadership maintains the strategy shift will enhance diversification and better capitalize on trending commodity markets.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Blue Owl Capital plans public data center REIT to fuel AI growthBlue Owl Capital is preparing to launch and publicly list a data center real estate investment trust seeded with roughly $6.5 billion of its own digital infrastructure assets. The alternative asset manager intends to use the initial public offering and subsequent share sales to acquire additional data centers and expand its portfolio to capitalize on booming AI infrastructure demand. This move follows similar successful offerings by major peers like Blackstone and Brookfield as global data center spending accelerates toward trillion-dollar projections.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Federal regulators launch probe into Tesla's new CybercabsFederal safety regulators opened an investigation into Tesla's steering-wheel-free taxis just one day after Elon Musk launched the driverless Cybercab service in Austin, Texas. The National Highway Traffic Safety Administration is auditing Tesla's self-certification process to determine if the futuristic two-seater vehicles comply with safety rules given their lack of standard manual controls like steering wheels, mirrors, and brake pedals. News of the federal inquiry sent Tesla shares tumbling more than 5% on Friday, adding to regulatory scrutiny as the automaker already faces multiple federal investigations into its self-driving software safety record.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Citigroup delays projected Fed interest rate cuts to mid-2027Citigroup pushed back its forecast for the Federal Reserve's next interest rate cut to June 2027 following stronger-than-expected August employment data. The brokerage replaced its previous expectation of rate reductions in late 2026 with a new call for three quarter-point cuts spread across June, September, and December of 2027. Citigroup economists noted that the sustained resilience and broad stability of the labor market significantly diminish the immediate need for monetary policy easing.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US sanctions Turkish bank to cut off financial network for IranThe US Treasury hit Golden Global Bank with sanctions on Friday, accusing the Turkish institution of serving as a key financial pipeline for the Iranian government. The action marks the latest expansion of Washington's Operation Economic Outcast initiative, which aims to force Tehran's compliance after months of military conflict. This move follows similar enforcement measures taken against an Egyptian bank's operations in the United Arab Emirates as the US continues to target regional financial nodes supporting Iran.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Citigroup pushes back expected Fed rate cuts to 2027 following job growthCitigroup delayed its projection for the Federal Reserve's next interest rate cut to June 2027 following a surprisingly strong August employment report. The brokerage dropped its earlier forecast for rate reductions starting in late 2026 after data revealed US employers added 162,000 jobs while the unemployment rate held at 4.1%. Citigroup economists note that with the labor market proving resilient, central bankers will likely focus on inflation metrics, with futures markets now pricing in a 61% chance of a rate hike at the Fed's September meeting.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US Treasury yields rise as strong employment report fuels Fed rate hike expectationsUS Treasury yields climbed on Friday after nonfarm payrolls surged by 162,000 in August, well above expectations, prompting investors to increase their bets on a Federal Reserve interest rate hike this month. The shift drove short-term two-year yields to 4.37% after touching their highest point since January 2025, pushing rate-hike probabilities for the mid-September policy meeting up to roughly 65%. While the unexpectedly robust job gains lend solid support to hawkish policymakers, analysts expect upcoming consumer price data to serve as the main catalyst in determining whether the central bank actually raises rates.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Dollar rises on strong payrolls before trimming gains ahead of inflation dataThe US dollar initially rallied on Friday following an August jobs report that revealed 162,000 new positions, well above expectations, before surrendering most of its advance as investors shifted focus toward next week's consumer price data. Market participants briefly raised the probability of a Federal Reserve rate hike in mid-September, but analysts pointed out that cooling annual wage growth gives dovish central bankers room to advocate for steady rates if upcoming inflation readings show price pressures easing. Meanwhile, the greenback held stable against the euro while remaining under pressure against a resilient Japanese yen, where speculation over Bank of Japan rate hikes and capital repatriation continues to support the currency.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Can Big Tech’s $1-trillion AI bet pay off? Jefferies explains why it remains bullishThe artificial intelligence race is driving one of the largest investment cycles in technology history. Major hyperscalers, including Microsoft, Amazon, Alphabet, Meta and Oracle, are expected to spend about $818 billion in 2026 and $1.12 trillion in 2027 on data centres, chips, networking equipment and other AI infrastructure, according to Jefferies. Read moreDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Trump threatens to halt trade with deficit nations over Fed ratesPresident Donald Trump warned on Friday that he will cut off trade with deficit-partner nations unless the Federal Reserve lowers interest rates. In a social media post, Trump argued that elevated interest rates put the United States at a severe competitive disadvantage on the global stage. The statement marks his latest attempt to pressure the central bank into easing monetary policy by tying interest rate decisions directly to international trade relations.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US job growth accelerates in August as payrolls beat expectations, Bloomberg reportsUS nonfarm payrolls expanded by 162,000 in August and unemployment held steady at 4.1%, signaling unexpected resilience in the labor market despite ongoing inflationary pressures. The gain was led by rebounds in leisure, hospitality, manufacturing, and construction, even as white-collar sectors like finance and information shed jobs. With the labor market remaining firm and revisions wiping away earlier July losses, investors and economists now expect the Federal Reserve to seriously consider an interest rate hike at its upcoming September meeting, pending next week's consumer price data.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Lululemon stock plunges to an eight-year low as sales slideLululemon Athletica Inc. shares plummeted nearly 20% on Friday to their lowest point since 2018 after the company lowered its full-year outlook for the second consecutive quarter and reported its first comparable sales drop since the pandemic. The sharp decline, driven by a 20% slump in leggings sales and weak demand in key markets like China, highlights a broader loss of market share to rivals like Alo and Vuori alongside criticism over uninspiring product design. Incoming CEO Heidi O’Neill inherits a formidable turnaround task when she takes over next week, facing the immediate challenges of fixing product innovation, rebuilding depleted executive ranks, and navigating pressure from founder Chip Wilson.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Strong US jobs data sends Bitcoin back below $80,000, Bloomberg reportsBitcoin tumbled nearly 3% to $79,197 after August nonfarm payrolls beat expectations by adding 162,000 jobs, fueling investor fears of another Federal Reserve interest rate hike in September. The unexpectedly hot labor report pushed two-year Treasury yields higher and boosted the US dollar, quickly erasing the crypto market's previous gains above the $80,000 mark. Analysts note that while this robust economic data strengthens the hawkish case for tighter monetary policy, broader liquidity factors like bank balance sheets and stablecoin supply will continue to shape Bitcoin's trajectory alongside Fed policy decisions.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Top Losers at OpenDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Top Gainers at OpenDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US stocks subdued after jobs report fuels rate-hike betsWall Street's main indexes were muted at the open on Friday after a stronger-than-expected jobs reading prompted investors to amplify bets the Federal Reserve could hike interest rates this month. Read moreDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel hit a record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time as the six-month war with Iran disrupts the world's flow of fuel. Read moreDow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Inflation data next on investors’ radarInvestors will turn to the Labor Department’s CPI and PPI reports next week for additional clues on inflation and the Federal Reserve’s policy path. Markets are also heading into the Labor Day weekend with renewed debate over September’s historically weak seasonal performance. According to SimCorp’s Melissa Brown, most of the month’s weakness typically occurs in the second half. Meanwhile, higher energy costs linked to the Iran conflict and tariff measures have weighed on hiring. The upcoming inflation data could help determine whether recent shifts in rate expectations are sustained.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Adobe falls after CEO transitionAdobe shares fell 2.8% in premarket trading after the software company said longtime CEO Shantanu Narayen will hand over the reins to insider Anil Chakravarthy. The leadership transition comes as investors continue to assess the company’s growth prospects and competitive position. The broader technology sector remained supported by gains in Nasdaq futures, but stock-specific developments such as earnings forecasts and executive changes continued to drive notable moves in individual shares. The announcement adds another corporate transition for investors to assess as markets head into the weekend.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Lululemon plunges on outlook cutLululemon Athletica was the biggest premarket decliner, tumbling 20.1% after the athletic apparel retailer cut its full-year profit and revenue forecasts. The move added pressure to a market already focused on signs of softer economic momentum and cautious corporate outlooks. Investors are assessing how higher costs and changing consumer demand could affect earnings, while broader equity sentiment remains sensitive to economic data and the Federal Reserve’s policy outlook. The sharp decline also made Lululemon one of the most notable individual stock movers before the opening bell.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Fed rate expectations shiftMarkets have scaled back expectations for a September rate hike after Federal Reserve Governor Christopher Waller said he would support holding rates steady if inflation pressures continue to ease. The probability of a quarter-point hike has fallen to 50% from 63% before Waller’s comments, according to CME FedWatch. His remarks are particularly significant as they come before the September meeting blackout, leaving investors with limited further guidance from policymakers. Investors are therefore looking to incoming labour and inflation data to determine whether the Fed may keep policy unchanged.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Jobs data takes centre stageU.S. stock futures were mixed on Friday as investors waited for August employment data that could shape expectations for the Federal Reserve’s next policy move. Nasdaq 100 futures rose 0.44% and S&P 500 futures gained 0.05%, while Dow futures slipped 0.11% at 7:05 a.m. ET. Economists surveyed by Reuters expect nonfarm payrolls to have increased by 56,000 in August after a 23,000 decline in July, with unemployment seen at 4.1%. The report is expected to be a key test of recent equity-market momentum and could influence rate expectations.
Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Highlights: US stocks end lower as solid jobs data fuels hawkish Fed bets - The Economic Times
Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Highlights: Wall Street ended lower on Friday after a stronger-than-expected US jobs report raised expectations of a Federal Reserve rate hike this month. The S&P 500, Nasdaq and Dow fell, while investors turned their focus to next week's inflation data for clues on the Fed's policy path.







