{
  "id": 5634855,
  "title": "Morning Bid: Labor days",
  "url": "https://urgent.news/2026/09/03/morning-bid-labor-days-5634855",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T10:38:21.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/articles/morning-bid-labor-days-103821254.html"
  },
  "original_language": "en",
  "account": "On September 3, 2023, the world's financial markets experienced a period of relative calm after a series of recent tensions. Oil prices stabilized, and the bond market showed signs of cooling. President Donald Trump suggested he intended to limit the duration of ongoing attacks on Iran, with top aides working towards diplomatic quiet before the November midterm elections. U.S. Treasury yields dropped from recent peaks, while European counterparts remained volatile due to a sharp rise in natural gas prices ahead of the winter season.\n\nIn the stock market, Asian shares were volatile on Thursday, while Wall Street futures increased before the opening bell. Following a higher close on Wednesday, major U.S. indexes also showed positive movement. Meanwhile, Japan's yen exhibited significant activity, with suspicions of fresh intervention to support the currency pushing it up about 1%. However, this move was more likely due to traders' increased expectations of a Bank of Japan rate hike this month, with some even speculating about a hike exceeding the usual amount.\n\nAs market focus shifted towards upcoming U.S. labor market data, the ADP private sector payrolls for August came in slightly below predictions, followed by the official jobs report the next day. Broadcom, a semiconductor company, reported better-than-expected earnings on Wednesday but its outlook for the fourth quarter fell short of expectations. The stock experienced a decline after hours, despite management's forecast of strong AI chip sales for the next two years. Despite a 6% gain this year, Broadcom's shares underperformed other tech giants and the broader semiconductor sector due to concerns over AI spending and intense competition, including a recent custom chip deal with Google by Marvell Technology.\n\nUpcoming U.S. economic indicators, including weekly jobless claims, the July trade balance, and the ISM August non-manufacturing PMI, will be released at 8:30 a.m. EDT. Additionally, Fed official Christopher Waller participated in a Reuters NEXT Newsmaker interview at the same time. Later that day, economists Beth Hammack from the Cleveland Fed and Austan Goolsbee from the Chicago Fed will speak.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Morning Bid: Labor days",
        "url": "https://urgent.news/2026/09/03/morning-bid-labor-days",
        "published": "2026-09-03T10:42:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}