September S&P 500 E-Mini futures (ESU24) are trending down -0.65% this morning as investors geared up for the highly anticipated U.S. jobs report to gauge the extent of the Federal Reserve’s easing.
In yesterday’s trading session, Wall Street’s major indices closed mixed. McKesson (MCK) plunged over -9% and was the top percentage loser on the S&P 500 after the medical distributor issued below-consensus Q2 adjusted EPS guidance. Also, Copart (CPRT) slid more than -6% and was the top percentage loser on the Nasdaq 100 after reporting weaker-than-expected Q4 EPS. In addition, C3.ai (AI) slumped over -8% after the enterprise software maker reported weaker-than-expected Q1 subscription revenue. On the bullish side, Tesla (TSLA) climbed more than +4% after announcing plans to roll out its Full Self Driving system in China and Europe in the first quarter of next year, subject to regulatory approvals. Also, Amazon.com (AMZN) rose over +2% and was the top percentage gainer on the Dow after Cantor Fitzgerald initiated coverage of the stock with an Overweight rating and a $230 price target.
