December S&P 500 E-Mini futures (ESZ24) are trending up +0.18% this morning as investors braced for the all-important U.S. jobs report to further gauge the size of the next Federal Reserve interest rate cut.
In yesterday’s trading session, Wall Street’s major indices closed lower. Constellation Brands (STZ) slid over -4% and was the top percentage loser on the S&P 500 after the company reported weaker-than-expected Q2 revenue. Also, Tesla (TSLA) fell more than -3% and was the top percentage loser on the Nasdaq 100 after Bloomberg reported that Chief Information Officer Nagesh Saldi was departing from the company. In addition, Levi Strauss (LEVI) slumped over -7% after the company reported weaker-than-expected Q3 revenue and cut its full-year revenue growth guidance. On the bullish side, MarketAxess Holdings (MKTX) climbed more than +7% and was the top percentage gainer on the S&P 500 after posting a record total average daily volume of $45.2 billion in September, an increase of 8.6% m/m and 52.5% y/y.
