For: September 8, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after a holiday-shortened trading week wrapped up Friday with stocks closing lower. The August jobs report showed an uptick in the unemployment rate while the economy added just 22-thousand jobs for the month. All three major averages hit record highs to start the final session of the week before losing ground over job market weakness. At the closing bell, the Dow Jones Industrial Average dropped 220 points to 45-400. The S&P 500 fell 20 points to 64-81. The Nasdaq lost 7 points to 21-700.
>>On The Calendar
(Undated) -- Investors this week will be keeping an eye out for the latest data on consumer credit out today. The National Federation of Independent Business optimism index is out tomorrow, followed by looks at inflation on Wednesday and Thursday with the producer price index and consumer price index. Thursday also brings weekly jobless claims and things will wrap up Friday with consumer sentiment.
>>Homan: Expect More ICE Workplace Raids
(Washington, DC) -- President Trump's border czar Tom Homan says Americans can expect more workplace immigration raids like the one at a Georgia Hyundai plant last week. That's what he told CNN Sunday also saying that hiring illegal workers is a crime and undercuts competition that's paying U.S. citizens. Homan's comments come after Immigrations and Customs Enforcement agents arrested hundreds of people Thursday at the electric battery plant, most of whom were South Koreans here illegally. The South Korean government was able to reach a deal with the Trump administration for the release and return of the detained migrant workers.
>>August Jobs Report Shows Decline In Immigrant Workers
(Washington, DC) -- The Labor Department's August jobs report showed that immigrant workers have declined in the last year. Bureau of Labor Statistics data for August showed that in the last year, the number of foreign-born workers has declined by 822-thousand since last August. In that same period, the number of U.S.-born workers increased by almost three million.
>>Trump Signs EO Offering Tariff Exemptions
(Washington, DC) -- President Trump is offering tariff exemptions to certain countries who struck trade deals with the U.S. Trump signed an executive order on Friday that offers exemptions to countries who struck deals on industrial exports such as gold, nickel and other metals, and on chemicals and pharmaceutical compounds. The order says the exemptions cover items that "cannot be grown, mined, or naturally produced" in the U.S., or produced in sufficient volume to meet domestic demand. The exemptions are set to begin today.
>>FDA Creates 'Green List' Of GLP-1 Drug Ingredients Approved For Entry
(Washington, DC) -- The FDA has issued an import alert called a "green list" to stop unapproved and unverified GLP-1 drug ingredients from entering the U.S. Shortages of FDA-approved GLP-1 drugs, like semaglutide, have left some patients using compounded versions of the drug. These compounded drugs have raised concerns over dosing errors and adverse reactions that have led to hospitalizations. The FDA's "green list" includes pharmaceutical ingredients that have been inspected by the agency and considered in compliance with U.S. standards.
>>Salmonella Linked To Home Delivery Meals Sickens People In 10 States
(Atlanta, GA) -- Federal health officials say a salmonella outbreak linked to certain home delivery meals from Metabolic Meals has sickened over a dozen people and hospitalized seven in ten states. The meals were made and delivered by the Metabolic Meals company during the week of July 28th. The CDC said Friday those sickened were in California, Missouri, Georgia, Minnesota, Texas, Arkansas, Illinois, Rhode Island, Wisconsin and Washington state. Metabolic Meals website says it is a home delivery meal subscription service focused on macro-friendly meals. The CDC said Metabolic Meals is working with investigators and has reached out to customers directly who purchased the affected meal types to inform them of the outbreak.
>>Mortgage Rates Drop To Lowest Level In Over A Year
(Washington, DC) -- Mortgage rates dropped to their lowest level in more than a year on Friday. The average on a 30-year fixed mortgage fell to six-point-29 percent following the release of a weaker-than-expected August jobs report. According to Mortgage News Daily, the 16 basis point drop is the biggest single-day decline since August 2024. It's also a major change from May when mortgage rates peaked above seven-percent.
>>Apple Plans Tuesday Launch Event
(Cupertino, CA) -- Apple has a launch event scheduled on its campus tomorrow. Analysts expect Apple to release a lineup of new phones as well as new Apple Watch models.
