Happy Monday! Wall Street is wrestling over the recent jobs data, and Friday’s report has only added fuel to the debate: is bad news really good news for stocks right now? Read on for insights, and how you can protect your portfolio.

Also, indexes hit record highs before a sharp pullback. Here’s a look at 10 stocks that caught the spotlight and what investors are betting on next.

Plus, if you are interested in investing alongside early backers of a real estate disruptor — led by a former Zillow executive — check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

• ONE FOR THE ROAD

Bad Jobs Data Just Dropped, And Wall Street Smells Rate Cuts Coming — Also, Is Bad News, Good News Now?

Friday’s jobs report continues to raise eyebrows on Wall Street as investors decide if bad news is good news at the current stage of the market cycle.

It’s no secret that the job market is cooling as August data missed expectations dramatically, and combined with revisions to prior months, Wall Street is trying to piece together the short-term outlook with the long-term outlook. That’s why it wasn’t a surprise to see the market rip to new all-time highs, before pulling back.

Read on to get the latest on rate cuts and how you can position yourself ahead of the Fed’s next move.

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Last Week: U.S. indexes finished in negative territory on Friday after a weaker-than-expected August jobs report raised concerns about slowing economic growth, despite reinforcing rate cut expectations this year from the Federal Reserve. The U.S. economy added just 22,000 jobs in August, well below forecasts, while the unemployment rate rose to 4.3% and wage growth slowed, prompting bond yields to fall sharply. Markets now fully expect a rate cut later this month, with expectations for the federal funds rate to fall below 3% by the end of 2026. All three major indexes had reached record intraday highs earlier in the session before falling. Despite Friday’s pullback, the Nasdaq and S&P 500 posted weekly gains of 1.14% and 0.33%, while the Dow finished down 0.32%. Attention now turns to this week’s inflation report, seen as the final key input ahead of the Fed’s upcoming policy decision.

On Our Radar: Analysts will be watching today’s consumer credit report for insights into household borrowing trends amid evolving economic conditions. On the earnings front, all eyes will be on Oracle (ORCL), which will report earnings after the market close Tuesday.

Shares of Broadcom (AVGO) were soaring after reporting impressive Q3 results, while Lululemon (LULU) shares plunged after the company expected a downward revision in its forward guidance. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Friday.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors in more detail.

Turning September’s Volatility Into 10x Trades

September’s catalysts are lining up: jobs data, Fed pressure, bond swings and energy uncertainty. Tim Melvin and Ryan Faloona will show you the exact signals they are following to profit from it all. Join them live this Wednesday at 6 p.m. ET and get the plan before the next big move hits.

On This Day In 1998…

Federal Reserve Chairman Alan Greenspan hinted at a possible interest rate cut during a speech, which dramatically lifted investor confidence. The Dow Jones Industrial Average surged by 380.53 points — its largest one-day gain at that time — closing at 8,020.78 and showcasing how central bank signals can drastically move the market.

QUOTE OF THE DAY

“Life's too short to hang out with people who aren't resourceful.“

— Jeff Bezos

Traders Hit The Buy Button On These 10 Stocks After Weak Jobs Report

A gloomy jobs report may have lit another fire under the market. August’s employment data came in sharply below expectations, signaling a cooling labor market.

However, Wall Street took it as a sign that interest rates will be coming down, which briefly led the market to hitting all-time highs across all major indexes, before pulling back and dropping by the end of the day.

Here’s a look at the Top 10 stocks that investors, traders and institutions were buying, and what it could mean for your portfolio going forward.

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