Premarket: Apple is green

From the Wall Street Journal’s “Stock Futures Edge Up Ahead of Jobs Report” posted early Friday:

U.S. stock futures edged higher ahead of the August employment report, which will indicate the strength of the labor market recovery.

The fresh jobs figures, due at 8:30 a.m. ET, could influence the Federal Reserve’s timetable for scaling back stimulus policies that have supported markets during the pandemic. A recent uptick in Delta variant Covid-19 infections has caused some investors to expect that the U.S. economic recovery may pause and cause the Fed to slow the reduction of easy-money policies.

My take: The morning after a record close, green is a good color to be.

6 Comments

  1. Romeo A Esparrago Jr said:
    “ I can drive one fifty fiiiiiiiiiiive! “
    With apologies to Sammy Hagar

    2
    September 3, 2021
  2. David Emery said:
    Once the disappointing jobs report came out, stocks headed down 🙁

    0
    September 3, 2021
  3. Brian Loftus said:
    Max pain is 152.50 (by my eyeball)

    0
    September 3, 2021

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