Pre-Market Report – Friday 6 September: US markets mixed ahead of jobs data | SPI up 9

The S&P 500 dipped 0.3% to end at 5,503.41, while the Dow Jones Industrial Average lost 219.22 points, or 0.54%, to settle at 40,755.75. The Nasdaq Composite gained 0.25% to finish at 17,127.66, after rising as much as 1.2% earlier in the session.Private payrolls data showed the weakest growth since 2021, heightening fears of a slowing labor market. However, weekly claims for unemployment benefits declined from the previous week.Non-Farm Payrolls tonight – Forecasts for an increase of 161,000 jobs for August.ASX to edge higher. SPI Futures up 9 points (+0.11%). COMMODITIESCopper firms on China's power initiatives in Africa.Gold gains as investors anticipate super-sized Fed rate cut.Oil prices hold at a 14-month low as demand worries offset big US storage withdrawal.US crude stockpiles fall to 1-year low as imports fall, EIA says.OPEC+ to delay output hike by two months amid oil selloff and signs of weak demand.Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.