U.S. stock higher in pre-market trading for,Sept 04.The Nasdaq Futures is trading at 11,678.00 with a loss of -1.04% percent or -122.50 point.The Dow Futures is trading at 28,461.00 up with +0.39% percent or +110.00 point.The S&P 500 Futures is trading at 3,463.88 up with +0.07% percent or +2.38 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,205.43 with a loss of –1.11% percent or –260.10  point. Hong Kong’s Hang Seng is trading at 24,605.70 with a loss of –1.61% percent or –401.90 point. China’s Shanghai  Composite is trading at 3,355.37 with a loss of –0.87% percent or –29.61   point. India’s BSE Sensex is trading at 38,503.48 with a loss of –1.25% percent or –487.46 point at 12:15 PM.Germany’s DAX is trading at 13,009.12 with  a loss of –0.37% percent or -48.65 point. France’s CAC 40 is trading at 5,022.30 up with +0.26% percent or  +12.78 point. The Stoxx Europe 600 is trading at 366.10 up with +0.0055% percent or  +0.020 point.

Friday’s Factors and Events

U.S. yields dropped on the back of fresh employment data and comments from the Federal Reserve. Private payrolls increased by 428,000 in August, roughly double that of July but much lower than estimates.

In its “Beige Book” report, the Fed said that economic growth is continuing but remains “modest” and “well below” pre-pandemic levels.

As for auctions, $30 billion in 4-week Treasury bills and $35 billion in 8-week bills are due to be auctioned on Wednesday.

Thursday Activity

For the day The Nasdaq Composite is trading at 11,458.10 with a loss of -4.96% percent or – 598.34 point.the Dow is trading at 28,292.73 with a loss of -2.78% percent or -807.77 point. The S&P 500 is trading at 3,455.06 with a loss of –3.51% percent or -125.78 point. 

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,544.68 up  with -2.99% percent or -47.61  point; the S&P 600 Small-Cap Index closed at 896.17 up with -2.61% percent or -24.03 point; the S&P 400 Mid-Cap Index closed at 1,905.84 with a loss of –3.08% percent or -60.61 point; the S&P 100 Index closed at 1,611.41 with a loss of –3.83% percent or  64.26  point; the Russell 3000 Index closed at 2,014.85 with a loss of -3.59% percent or -74.97 point; the Russell 1000 Index closed at 1,917.03  with a loss of –3.62% or  ?72.05 point.