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U.S. stocks slipped at midday Monday as oil prices jumped and the 10-year Treasury yield climbed to its highest level since 2007, after President Donald Trump rejected Iran’s proposal to reopen the Strait of Hormuz and end the months-long standoff. Iran’s proposal to reopen the vital Hormuz waterway was rejected over t
U.S. stocks ended the week mixed after August jobs data beat expectations, with employers adding 162,000 positions and unemployment holding at 4.1%, boosting bets the Federal Reserve could raise rates in September.
U.S. equities slipped as August payrolls of 162,000, far above the 55,000 consensus, pushed traders toward a higher Fed-rate path. Chips outperformed while software, retail, gold and bitcoin weakened.
U.S. stock futures were mixed Friday as investors awaited the August jobs report before the opening bell. Dow futures fell while S&P 500 and Nasdaq 100 futures rose; QQQ was up 0.42% premarket at $720.66.
Cybersecurity shares jumped sharply after strong AI-demand optimism, while Nvidia rose 9% on a forecast for roughly 70% revenue growth next fiscal year. Technology was the only S&P 500 sector in the green midday.
Zscaler plunges on weak guidance and sales shakeup, losing half its value over the past year. The company's stock is experiencing its worst day ever.
Zscaler plunges after issuing weak guidance amid sales team changes, sparking concerns about future growth