The annual adjustment by the BLS revealed a downward revision of 0.6% in total nonfarm employment, which is higher than the 0.2% average over the past decade.
After a mixed week of volatile swings, market breadth on September 8, 2025, showed signs of stabilization. However, the narrow leadership and tepid momentum in key forward-looking metrics indicate that the rally lacks broad conviction. The trend remains cautiously neutral with an underlying need for stronger participation.
AST SpaceMobile shares were down more than 9% in Monday’s midday trade after SpaceX agreed to acquire spectrum from EchoStar in a deal valued at $17 billion.
Labor market trends reveal cooling but not weakening in the labor market; the FOMC can provide a catalyst to reinvigorate hiring and consumer spending.
