Stock Market Update
04-Sep-26 08:38 ET
August Employment Report
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -21.00. Nasdaq futures vs fair value: +16.00.
The S&P 500 futures currently trade 21 points below fair value.
Nonfarm payrolls increased by 162,000 (Briefing.com consensus 45,000) in August, while the July reading was revised to 21,000 from -23,000.
Private payrolls increased by 127,000 (Briefing.com consensus 45,000), with the prior reading revised to 71,000 from 30,000.
The unemployment rate held at 4.1% (Briefing.com consensus 4.2%).
Average hourly earnings increased 0.3% (Briefing.com consensus 0.2%), while the prior reading was revised to 0.2% from 0.1%.
The average workweek increased to 34.4 hours (Briefing.com consensus 34.3) from 34.3 in July.
