Countdown To Tomorrow’s Jobs Report… And Auto Stocks On The Move 9/5/24

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 5 September 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

All eyes on tomorrow’s big jobs report, as investors await another key read on the U.S. economy. What it could mean for markets, and the Federal Reserve’s next rate move. Plus The wheels are turning for auto stocks. Stellantis, Ford, and GM all making headlines. What you need to know, and why analysts are pulling a U-turn on one automaker in particular. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0	Live in the NASDAQ market site in the heart of New York City's Times Square.
0:05.8	This is fast money.
0:06.8	Here's what's on tap tonight.
0:08.2	Investors, laser focus on tomorrow's jobs reports that markets struggling to gain much
0:12.0	traction ahead of those numbers.
0:13.6	Will the report help bring stocks into the green for the week?
0:16.4	We'll debate that.
0:17.4	Plus, question marks for the fate of U.S. Steel, what's next for the company if it's
0:21.0	deal with Nippon Steel falls through and could another suit or emerge?
0:24.8	We mind for some answers.
0:27.2	And on the sidelines, the Dallas Cowboys may top the debut ranking of the CMBC's official NFL team valuation list, but what franchise
0:34.6	is waiting in the wings with the potential to unlock the most value?
0:37.8	We'll go inside the numbers to find out.
0:39.8	I'm Melissa Lee coming to you live from Studio Be at the Nazis Act.
0:42.2	I'm the death tonight.
0:43.1	Tim Seymour, Karen Fireman, Dan Nathan, and Guy Adami.
0:46.1	We start off with what might be an ominous sign ahead of tomorrow's jobs report.
0:49.8	Private payrolls rising by just 99,000 in August, according to ADP, well below expectations and the
0:56.0	lowest pay since early 2021. Job creation now falling five months in a row. What will that
1:01.8	mean for tomorrow's Labor Department number
1:04.0	economists expecting a 161,000 gain in payrolls
1:08.0	with the unemployment rate taking lower to 4.2%.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.