Trust us: This week's jobs report is a really big deal

Tuesday, September 2, 2025

Stocks have been on the rise since April's tariff tiff, soaring on optimism about strong earnings and economic data, as well as hopes that the Federal Reserve will cut interest rates.

That rosy outlook might be about to run into market reality.

This morning gold (+1.71%) hit a record price, surpassing $3,575 on policy anxiety. Bond yields climbed across the board, with the 30-year Treasury nearing 5%, its highest showing since July. And starting off the first trading session of the month, U.S. equities pulled back sharply.

 Tuesday Reading

• Social Security data of 300 million Americans allegedly at risk in breach
• Dave Ramsey bluntly speaks on 401(k)s, IRAs
• Analysts unveil surprising Dell stock target after slump
• Best Buy Q2 beats estimates, warns of tariff impact
• AI stocks face a reality check after a $1.5 billion implosion
• After holiday, Broadcom leads Q2 earnings into the home stretch
• New Target CEO Making 3 Major Changes to Win Back Shoppers

At midday, the Nasdaq Composite (-1.66%), S&P 500 (-1.34%), Russell 2000 (-1.08%), and Dow industrials (-1.07%) were all down more than 1%,.

And more turbulence might lie ahead, with investors bracing for this week's key labor market report. It might be a key factor in whether the months-long rally in stocks goes off the rails.

Green Day once sang "wake me up when September ends." With so much on the docket, investors might have second thoughts about taking a nap, much less sleeping through the month.

TurboTax Via TheStreet

• How to maximize your business tax savings with depreciation
• Tapping a 401(k) early? Here's how it impacts your taxes 
• The 10 most common tax scams

-- Noah Weidner, markets reporter

Trust us: This week's jobs report is a really big deal

Here are the stakes for everyone involved.

[READ ARTICLE]

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