Stock futures rise despite weak private payrolls report, with CRM, AI, FIG, TXN leading stock movers.

Stock futures rose on Thursday despite a weak private payrolls report from ADP. The market is focused on Friday's official jobs data. President Donald Trump called for the Supreme Court to fast-track an appeal. Shares of CRM, AI, FIG, TXN, and others saw significant movement.

Stock futures rose on Thursday despite a weak private payrolls report from ADP. The market is focused on Friday's official jobs data, which will provide a clearer picture of the labor market's health. President Donald Trump called for the Supreme Court to fast-track an appeal regarding tariffs, adding to the market's uncertainty.

U.S. stock futures opened little changed on Wednesday night, with the Dow Jones Industrial Average futures falling by 76 points, or 0.17%. S&P 500 futures were flat, while Nasdaq 100 futures dipped 0.01% [1]. The S&P 500 and the Nasdaq Composite, both benchmarks made up largely of technology companies, gained 0.51% and 1.03%, respectively, on Wednesday. On the other hand, the blue-chip Dow, known for its greater exposure to the real economy, dipped 0.05% [1].

The ADP private payrolls report, released on Thursday, showed a softer print than expected, with private employers adding 75,000 jobs in August, down from 104,000 jobs previously [2]. The latest jobless claims data also showed a slight uptick, with the number of first-time applicants for unemployment insurance totaling 230,000 for the week ending Aug. 30 [2].

The market's focus remains on Friday's official jobs report, which will provide more insight into the labor market and potentially influence the near-term outlook for the stock market. President Trump's call for the Supreme Court to fast-track an appeal regarding tariffs adds to the market's uncertainty, with Bank of America expecting tariffs to be implemented using other authorities if the Supreme Court rules against the Administration [3].

Shares of CRM, AI, FIG, TXN, and others saw significant movement after hours. American Eagle Outfitters surged almost 24% in extended trading, while Salesforce dropped more than 4% [4]. The clothing retailer topped expectations in the second quarter, while the software company's third-quarter revenue guidance fell short of estimates.

In summary, while the market remains focused on Friday's jobs data and President Trump's tariff appeal, the ADP report and other economic indicators provide mixed signals. Investors should continue to monitor these developments closely as they may influence the near-term performance of the stock market.

References:
[1] https://www.cnbc.com/2025/09/03/stock-market-today-live-updates.html
[2] https://www.ainvest.com/news/adp-financials-stock-price-justify-buy-rating-2509/
[3] https://www.cnbc.com/2025/09/03/stock-market-today-live-updates.html
[4] https://www.cnbc.com/2025/09/03/stock-market-today-live-updates.html