Today · Tech Breaking
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 28, 2026. Brendan McDermid | Reuters Stock futures inched higher on Thursday night as traders awaited the release of September's jobs report. S&P 500 futures were up 0.1%, while futures tied to Dow Jones Industrial Average were up 38 points, or 0.07%.
Nasdaq-100 futures advanced 0.3%. In the regular trading day, the Dow and the Nasdaq Composite ended the session marginally higher. The S&P 500 posted a 0.2% advance to conclude the first trading day in October.
All three indices are on pace for weekly losses, with the Dow off 1.7% in the period. Treasury yields climbed to multiyear highs before retreating. The benchmark 10-year Treasury note yield soared to 5.344%, its highest level since 2002.
The yield on the 30-year Treasury bond also reached its highest in 24 years. Oil prices also climbed after The Wall Street Journal reported the U.S. is sending a third aircraft carrier strike group to the Middle East. Brent crude futures gained more than 4% to close at $102.31 per barrel, while U.S.
West Texas Intermediate futures advanced 2.7% to settle at $92.87 a barrel. September's nonfarm payrolls report will be in the spotlight Friday, with the Dow Jones consensus calling for job growth of 84,000 and for the unemployment to hold steady at 4.1%. The report comes as traders reassess the next move for the Federal Reserve.
Fed funds futures trading suggests a 72% likelihood the central bank will stand pat in October. Given that the current narrative suggests the labor market is stable, a strong jobs report alone would likely not push the Fed to hike in October, said Christopher Hodge, a chief U.S. economist at Natixis CIB Americas. Hodge expects growth in the manufacturing and construction sector amid a data center buildout.
"We expect payrolls to slow from the torrid pace from August, but still to register solid gains. We expect payrolls to increase by 60k, which if realized, would bring the three-month moving average of gains to 81k," Hodge said. 52 Min Ago Vylor added to the S&P 500, with Twillo set to join Twilio at the New York Stock Exchange in celebration of its 10th anniversary of listing in New York on June 23, 2026. NYSE Seeds and genetics company Vylor was added to the S&P 500 on Thursday after it was spun off from Corteva the same day.
The company replaced Corteva , which will move to the S&P MidCap 400. Twilio , which provides a customer engagement platform, will replace Warner Bros. Discovery in the S&P 500 on Oct. 6.
This comes as Paramount is set to acquire Warner Bros. Discovery soon following a California judge's order on Wednesday. Shares for Twilio popped over 1% in extended trading.
Meanwhile, Vylor shares were last up 3%. — Ananya Chetia 1 Hour Ago Nike misses on quarterly revenue, shares slide in extended trading A Nike sports goods store in Shanghai, China on September 6, 2026. Cfoto | Future Publishing | Getty Images Shares for Nike fell over 6% in extended trading after the company posted lackluster sales in the fiscal first quarter and announced plans for layoffs. Nike earned 48 cents per share on revenue of $11.21 billion, compared to the LSEG consensus estimate of 43 cents per share and $11.32 billion.
Sales were down 4%, with the company citing declines in its China business. Stock Chart IconStock chart icon Nike year-to-date. For its full-year outlook, the company expects revenue to decline by a high-single digit percentage in fiscal 2027.
Nike also announced a restructuring plan, which is expected to lead to layoffs starting in 2027. The company did not specify how many jobs would be cut. — Ananya Chetia 1 Hour Ago Stock futures open flat
Source: CNBC
