Stock Market Mixed Ahead of August's Jobs Report
U.S. stock futures are mixed ahead of the release of August's jobs report, which is expected to show a rebound in monthly job growth. The Dow Jones index fell while the S&P 500 and Nasdaq 100 indices rose.
The August jobs report, set to be released before the opening bell, is estimated by Benzinga Pro to show a gain of about 56,000 jobs, following a loss of 23,000 in July. This increase would bring the pace of monthly job growth back on track.
In other news, tensions remain high after an explosion at an Iranian wedding that killed four and injured at least 68. According to Reuters, weapons experts believe the damage aligns with a U.S. 500 lb air-dropped bomb, prompting a U.S. military investigation.