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The Street
The Street
Martin Baccardax

Stocks higher, August jobs data on deck, Tesla, Dell, Broadcom

Five things you need to know before the market opens on Friday September 1:

1. -- Stocks higher as markets look to jobs data for solid September start

 With the close of August, the weakest of the year so far for U.S. stocks, traders are looking for more help from the bond market to tackle the traditionally tough September terrain.

2. -- Job market back in focus as hiring slows, wage growth cools into autumn months

The once-hot job market is starting to cool, with wages easing and hiring slowing, suggesting the Fed's year-long run of rate hikes might be coming to an end.

3. -- Tesla unveils Model 3 revamp in China, slashes prices in major markets around the world

For the first time ever, Tesla will launch a major model revamp in a market outside the United States, focusing its newly-tweaked Model 3 in China.

4. -- Dell shares surge as AI demand powers server sales, Q3 earnings beat

Dell is the latest tech company to see a boost from AI, lifting its full-year sales and profit forecasts in part because of demand for its servers and partnership with Nvidia.

5. -- Broadcom slumps as muted near-term outlook clouds Q2 earnings beat  

Broadcom sees AI sales driving a larger portion of its overall revenues, but a muted near-term outlook has shares moving lower in early Friday trading.

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