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【US Pre-Market】Nonfarm Payrolls Due Tonight as Gold Nears $4,500, Bitcoin Tops $81,000, Lululemon Plunges 19%
TradingKey - On Friday (September 4) Eastern Time, futures on the three major US stock indices were mixed in premarket trading. Dovish signals from Federal Reserve officials prompted the market to reassess the likelihood of a September rate hike, while investors remained cautious ahead of the upcoming release of the crucial US non-farm payrolls report.
Three Major Index Futures Mixed Pre-Market Ahead of Non-Farm Payrolls; Nvidia, Tesla, Oracle, Lululemon in Focus
TradingKey - In U.S. pre-market trading on September 4, the three major stock index futures diverged. As of press time, Dow Jones futures fell 0.09%, S&P 500 futures rose 0.09%, and Nasdaq 100 futures gained 0.53%.
Lululemon Stock Price Forecast: Disappointing Earnings Send Stock Tumbling 18%, Can LULU Rebound?
TradingKey - Lululemon (LULU) delivered another disappointing earnings report. Impacted by a continued decline in North American sales, weak demand for core products, and another downward revision to its full-year guidance, the company's shares plunged over 18% in after-hours trading following the announcement, falling below $100.
Nike: Just Bounce It — Shares Hit 12-Year Low, Will the Market Jump the Gun?
An in-depth analysis of Nike (NKE) stock: Shares once hit a 12-year low—can the company achieve a turnaround by FY2027? This report breaks down inventory turnover, DTC channels, new Sportswear products, the Chinese market, margin recovery, and valuation to assess whether the current upside potential outweighs downside risk.
Why Nike Stock Hit a 12-Year Low, Down 78% From Its 2021 Peak
TradingKey - Nike (NKE), which once swept global markets with its "Just Do It" slogan and Air Jordan series, is currently experiencing a prolonged slump rarely seen since going public. On August 17, Nike shares closed at $39.09, down about 4% for the day after touching an intraday low of $38.86, hitting a new low in nearly 12 years.
Levi Strauss Price Forecast: Can LEVI Break a New High After Q2 Earnings?
TradingKey - Levi Strauss (LEVI) trades near a 52-week high ahead of Q2 earnings. Analysts target $27.54 as investors watch margins, tariffs, and guidance.
