Wall Street Poised for Green Open as Stock Index Futures Rise After Jobs Data Sell-Off.

Stock index futures are rising after a sell-off driven by cooler-than-expected jobs data. S&P 500 futures are up 0.6%, and Nasdaq 100 futures are also higher. The jobs data was released on Friday and caused a sell-off in stocks, but the futures are now showing a positive trend, indicating a potential green open on Wall Street.

Stock index futures are showing a positive trend after a sell-off driven by cooler-than-expected jobs data. S&P 500 futures are up 0.6%, while Nasdaq 100 futures are also higher, indicating a potential green open on Wall Street [1]. The jobs data, released on Friday, caused a significant sell-off in stocks, but the current upward movement in futures suggests a potential shift in investor sentiment.

The 10-year Treasury yield rose by 2 basis points to 4.25%, and the 2-year yield increased by 3 basis points to 3.73%, reflecting the impact of the jobs data on market sentiment [1]. Despite the negative reaction to the jobs report, investors are keeping a close eye on political developments, as President Donald Trump is expected to announce two new appointees in the coming days [1].

Fed Governor Adriana Kugler's unexpected resignation and the potential firing of Bureau of Labor Statistics Commissioner Erika McEntarfer have added to the market's uncertainty [1]. These developments could influence the economic agenda and further impact market sentiment.

On the earnings front, Palantir Technologies (PLTR) will report after the market close on Monday, while Advanced Micro Devices (AMD), Pfizer (PFE), and The Walt Disney Company (DIS) will provide updates on Tuesday and Wednesday, respectively [1]. Additionally, the economic calendar is lighter, with the June Factory Orders report expected to show a sharp decline of -5% [1].

Top Wall Street analysts have highlighted three stocks with significant growth potential. MongoDB (MDB), a database management software company, is favored for its leadership in the non-relational database segment and its focus on improving vector search capabilities [2]. ServiceNow (NOW), an AI-powered platform for business transformation, has shown robust growth and lifted its full-year outlook, backed by increasing AI adoption [2]. Varonis Systems (VRNS), a cloud-native and AI-powered data security company, reported solid results driven by continued momentum in its business [2].

Investors should closely monitor the upcoming earnings reports and economic data releases to gauge the market's direction. The resilience of companies during the current macroeconomic challenges and tariff uncertainties is a positive sign for the stock market.

References:
[1] https://seekingalpha.com/news/4477008-sp500-nasdaq-dow-jones-outlook-stock-market
[2] https://www.cnbc.com/2025/08/03/top-wall-street-analysts-pick-these-3-stocks-for-their-growth-potential.html