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Dow Jones Futures, Market Rally Await Jobs Report; Tesla Cybertruck Delayed To Late 2022

Posted Date: September 03 2021 | Reading Time: 2 minutes
Dow Jones futures rose slightly Friday morning, along with S&P 500 futures and Nasdaq futures, with the August jobs report looming. The Tesla Cybertruck reportedly will be delayed until late 2022.
The stock market rally came off intraday highs for a second straight session Thursday. But leading stocks fared well, with Mercado Libre (MELI) and Denbury stock among breakouts. DocuSign (DOCU), Broadcom (AVGO), MongoDB (MDB) and PagerDuty (PD) reported earnings after the close. DOCU stock, Broadcom, MongoDB all closed just above or below buy points, but diverged in overnight trade.

Meanwhile, FUBO stock popped overnight as Arizona OK'd wagering via mobile devices. FuboTV (FUBO) is a sports-streaming specialist but the FUBO stock valuation largely reflects sports-betting ambitions.
Forte Biosciences (FRBX) said its eczema drug failed a Phase 2 study. FRBX stock crashed more than 80%.

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