Sasha Jovanovic
4 min read
The Morning Bull – US Market Morning Update Thursday, Sep, 3 2026
US stock futures are slightly weaker this morning, as investors weigh stubbornly high borrowing costs and the health of the real economy. The 10 year US government bond yield is trading near 4.8%, which means mortgages, car loans and corporate borrowing are all staying expensive while investors wait for key jobs data. At the same time, two key scorecards of factory activity, the S&P Global US Manufacturing PMI at 53.9 and the ISM US Manufacturing PMI at 54.6, point to growth but with slower new orders and higher costs. The question now is whether inflation linked to energy and tariffs keeps pressure on interest rates. This would matter most for rate sensitive areas such as housing related stocks and more highly leveraged industrial and small cap companies.
With higher yields and borrowing costs pressuring weaker balance sheets, focus your watchlist on 75 resilient stocks with low risk scores that may be better placed if rates stay elevated longer than markets expect.
Top Movers
-
Dell Technologies (DELL) jumped 15.81% after a strong earnings beat, raised guidance and multiple analyst price target hikes.
-
AST SpaceMobile (ASTS) climbed 11.83% following fresh analyst coverage with a bullish rating and long term growth thesis.
-
Reddit (RDDT) rose 9.31%.
Is AST SpaceMobile still a smart investment or just hype? Read our most popular narrative and get all the answers you need.
Top Losers
-
Credo Technology Group Holding (CRDO) fell 20.04% after several brokers cut price targets despite strong Q1 earnings and guidance.
-
MongoDB (MDB) declined 13.54% as slower Atlas growth and softer guidance disappointed investors despite a beat.
-
Palo Alto Networks (PANW) dropped 9.28% following Q4 results and guidance that drew mixed reactions across multiple analyst reports.
Sharp moves like these often reflect shifting expectations more than single data points. Before reacting, it can help to review balance sheet strength, earnings quality and risk scores across your watchlist using 75 resilient stocks with low risk scores.
Look past the noise – uncover the top narrative that explains what truly matters for MongoDB’s long-term success.
On The Radar
Labor data and fresh tech earnings share the spotlight as higher bond yields keep rate expectations in focus.
-
US labor data: ADP and Friday payrolls on Thursday and Friday will shape views on hiring strength and wage pressure.
-
US rate expectations: The 10Y Treasury near 4.8% keeps borrowing costs in focus on Thursday and Friday.
-
Ciena (CIEN): Q3 results pre market on Thursday highlight orders, margins and spending trends in telecom networking.
-
Zscaler (ZS): Q4 earnings after market on Thursday spotlight subscription growth, billings and guidance for cybersecurity demand.
-
Samsara (IOT): Q2 report after market on Thursday puts recurring revenue, customer additions and cash burn under the microscope.
