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Barchart
Barchart
Oleksandr Pylypenko

Stocks Set to Open Mixed as Investors Await U.S. Payrolls Data and More Big Tech Earnings

September S&P 500 futures (ESU23) are up +0.01%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.03% this morning as market participants geared up for more corporate earnings results while also looking ahead to Friday’s nonfarm payrolls report.

In Friday’s trading session, Wall Street’s major averages closed solidly in the green. Intel Corporation (INTC) soared over +6% and was the top percentage gainer on the blue-chip Dow after the semiconductor giant posted better-than-expected Q2 results and issued upbeat Q3 guidance. Also, T. Rowe Price Group Inc (TROW) climbed more than +8% after the investment management firm posted stronger-than-expected Q2 results. In addition, Procter & Gamble Company (PG) rose over +2% after the consumer behemoth’s Q4 organic sales topped Wall Street consensus estimates. On the bearish side, Enphase Energy Inc (ENPH) plunged more than -7% after providing weaker-than-expected Q3 sales guidance.

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