Monday's Stock Market Outlook: Rising Futures, Inflation and Jobs Data in Focus

1 min read
Source: CNBC
Monday's Stock Market Outlook: Rising Futures, Inflation and Jobs Data in Focus
Photo: CNBC
TL;DR Summary

Stock futures are slightly higher as investors kick off the last week of August, following a winning session on Friday. This week, investors will be closely watching economic data, including the monthly jobs report, for indications of the Federal Reserve's next move. In other news, the IPO freeze for venture-backed tech companies is over, with Instacart, Klaviyo, and Arm filing for stock market debuts. China Evergrande Group, the world's most indebted property developer, saw its shares plunge as it traded for the first time since March. Lastly, meme stock Bed Bath & Beyond continues to see high trading volumes despite its impending declaration of worthlessness due to bankruptcy.

Share this article

Reading Insights

Total Reads

0

Unique Readers

13

Time Saved

2 min

vs 4 min read

Condensed

82%

602108 words

Want the full story? Read the original article

Read on CNBC