Today At A Glance:

Stocks rallied into Friday’s jobs report as cooler labor readings kept hopes alive for a September Fed rate cut; the S&P 500 notched a fresh record close. Treasury yields slipped on softer private hiring and higher jobless claims, easing pressure on growth shares. By the close, the Dow +0.8%, S&P 500 +0.8% (record), and Nasdaq +1.0%; small caps also outperformed. Standout winners included American Eagle (marketing-fueled demand) and Ciena (AI-driven beat), while Salesforce and C3.ai slumped on outlook concerns. Energy lagged as crude fell on a surprise U.S. inventory build and talk OPEC+ could consider an output hike.

Today’s Index Performance

• Dow Jones Industrial Average (^DJI) — The Dow opened today at 45,204.87 and closed today at 45,621.29, with the percentage change of +0.92%.
• S&P 500 (^GSPC) — The S&P 500 opened today at 6,456.60 and closed today at 6,502.08, with the percentage change of +0.70%.
• Nasdaq Composite — The Nasdaq opened today at 21,539.91 and closed today at 21,707.69, with the percentage change of +0.78%.

Gainers Of Note

• American Eagle Outfitters (NYSE: AEO) – Teen apparel retailer; surged ~30–38% after reporting a big profit beat and highlighting a Sydney Sweeney campaign that drew new customers.
• Ciena (NYSE: CIEN) – Optical networking gear; jumped ~20–23% on an earnings beat and upbeat AI-related demand commentary.
• Credo Technology (NASDAQ: CRDO) – High-speed connectivity chips; rose ~10–13% after quarterly revenue +~274% Y/Y and guidance above views.

Losers Of Note

• Figma (NYSE: FIG) – Collaborative design software; fell ~15–20% after its first post-IPO report signaled slowing growth and drew price-target cuts.
• C3.ai (NYSE: AI) – Enterprise AI applications; slid ~7% on a wider-than-expected loss and leadership change headlines.
• Salesforce (NYSE: CRM) – Customer-management software; down ~5–7% as cautious revenue outlook outweighed a profit beat.

Active Traders Of Note

• Broadcom (NASDAQ: AVGO) – Semis & infrastructure software; heavy volume as traders positioned into tonight’s earnings and elevated options activity.
• Alphabet (NASDAQ: GOOGL) – Search/AI; elevated turnover following yesterday’s court win that helped extend Big Tech momentum.
• Nvidia (NASDAQ: NVDA) – AI/GPU leader; active with volumes well above its 3-month average as investors rotated back into megacap tech.

Looking Forward:

All eyes turn to Friday’s August nonfarm payrolls: a softer print would cement rate-cut expectations, while a surprise to the upside could nudge yields back up and test risk appetite. Earnings after the bell from Broadcom may sway the AI/semis trade and broader risk tone into week’s end. Oil headlines bear watching—signs of rising supply or weak demand could keep energy under pressure and bolster rate-sensitive growth stocks.

Note: The stock performance summaries are based on general trends observed over the past ten trading days and are not indicative of future results.

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