September S&P 500 E-Mini futures (ESU24) are down -0.10%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.15% this morning as market participants awaited a new round of U.S. economic data, with particular attention on the ADP National Employment figures.
In yesterday’s trading session, Wall Street’s major indexes ended mixed. Dollar Tree (DLTR) plummeted over -22% and was the top percentage loser on the S&P 500 and Nasdaq 100 after the discount store operator posted downbeat Q2 results and cut its full-year guidance. Also, Zscaler (ZS) tumbled more than -18% after the cybersecurity company provided a below-consensus FY25 forecast. In addition, Super Micro Computer (SMCI) slid over -4% after Barclays downgraded the stock to Equal Weight from Overweight with a price target of $438. On the bullish side, Gitlab (GTLB) surged more than +21% after the DevOps company posted upbeat Q2 results and lifted its FY25 guidance. Also, Advanced Micro Devices (AMD) gained over +2% after appointing former Nvidia executive Keith Strier as its senior vice president of global AI markets.
