09/04/2026
π Good morning, everyone! Here's your market check for Friday, September 4, 2026 β and it's a turnaround from where things started.
Futures pointed higher early, but stocks flipped lower once trading got underway. The Dow is down about 0.3% (around 170 points), the S&P 500 is edging lower, and the Nasdaq is hovering near flat.
The culprit? That surprisingly strong August jobs report. The economy added 162,000 jobs β well above the 55,000 forecast β with unemployment steady at 4.1%. Great news for workers, but it's pushed the Fed's focus back toward fighting inflation, which cooled the market's earlier optimism. π¦
So the mood has shifted from "rally" to "wait and see" as investors reset expectations for the Fed's next meeting.
How are you feeling about the market today? Feel free to leave a comment below!π
Legacy Wealth Management - (701) 365-8083
3409 45th St S, Suite 104
Fargo, ND 58104
www.LegacyWealthFargo.com