U.S. stock futures jumped on Monday, signaling a rebound attempt after Friday’s sharp market decline, which was triggered by weak job numbers and new tariffs introduced by President Donald Trump.

• S&P 500 futures gained 0.6%

• Nasdaq 100 futures advanced 0.8%

• Dow Jones Industrial Average futures rose 212 points (0.5%)

Investor Sentiment After the Sell-Off

Adam Crisafulli of Vital Knowledge noted that while last week’s market mood turned cautious due to stagflation fears — combining soft job growth and a hotter-than-expected PCE inflation reading — bulls remain optimistic.

“Markets are recovering after Friday’s slump, but investors still need confirmation before regaining full confidence,” Crisafulli said.

On Friday, the Dow Jones fell over 500 points, while the S&P 500 dropped 1.6% and the Nasdaq lost 2.2% — its worst single-day drop since April.

Tariff Concerns Add to Market Jitters

The downturn followed a worse-than-expected July jobs report and Trump’s executive order raising “reciprocal” tariffs on dozens of trading partners. The new duties range from 10% to 41%, affecting nations including Syria and Taiwan.

Rate Cut Expectations Fade

With the Federal Reserve keeping its benchmark interest rate unchanged for the fifth straight meeting, traders now see slimmer chances of a September rate cut.

Adding to the cautious outlook, August is historically the weakest month for the Dow since 1988, and the second-worst for the S&P 500 and Nasdaq, according to the Stock Trader’s Almanac.

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Major Market Movers

Wayfair Soars on Strong Q2 Results

Wayfair (W) shares surged 10% in premarket trading after the online furniture retailer beat earnings estimates.

• Earnings: $0.87 per share (vs. $0.33 expected)

• Revenue: $3.27 billion (vs. $3.13 billion forecast)

CEO Niraj Shah called the quarter a “resounding success,” noting 6% year-over-year revenue growth — the strongest since early 2021.

Wayfair stock has skyrocketed 94% in the past three months, far outperforming the S&P 500’s 10% gain.

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Berkshire Hathaway Earnings Slip

Berkshire Hathaway reported a 4% decline in operating earnings to $11.16 billion, citing weaker insurance underwriting results and potential risks from U.S. tariffs.

The company warned that trade policy uncertainty could weigh further on its diverse businesses.

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Global Market Updates

Asia-Pacific Stocks Mixed

• Hang Seng Index (Hong Kong): +0.92%

• CSI 300 (China): +0.39%

• Nikkei 225 (Japan): -1.25%

• Kospi (South Korea): +0.91%

• S&P/ASX 200 (Australia): Flat

• Nifty 50 (India): +0.49%

• BSE Sensex (India): +0.42%

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Bond Market Moves

• 10-year Japanese Government Bond (JGB): 1.506% (-4.7 basis points)

• 5-year JGB: 1.026% (-5.8 bps)

• 20-year JGB: 2.554% (slight drop)

• 30-year JGB: 3.119% (+1 bps)

• 10-year U.S. Treasury: 4.249% (+3 bps)

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Commodities Update

Oil Prices Ease

Oil edged lower after OPEC+ announced an output increase of 547,000 barrels per day for September.

• Brent Crude: $69.53 (-0.2%)

• WTI Crude: $67.27 (-0.1%)

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Gold Pulls Back from Recent Highs

Spot gold slipped 0.22% to $3,355.37 per ounce, after a 2% rally last week.

Citi analysts predict gold could rise to $3,500 per ounce within three months, citing:

• Rising U.S. inflation pressures

• A weakening labor market

• Dollar softness

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✅ Key Takeaway:
Despite last week’s sell-off, Wall Street is showing signs of recovery. However, uncertain tariffs, stubborn inflation, and weak jobs data continue to weigh heavily on investor confidence.