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  1. US markets today: Dow, S&P 500, Nasdaq futures indicate mix open; Snowflake, Broadcom, among other stocks to watch

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US markets today: Dow, S&P 500, Nasdaq futures indicate mix open; Snowflake, Broadcom, among other stocks to watch

Anubhav Mukherjee

5 min read | Updated on September 03, 2026, 18:25 IST

SUMMARY

Dow and S&P futures indicate a positive open, while Nasdaq futures indicate a lower opening on Thursday, September 3, as investors focused on crude oil prices, key economic data and mixed global cues.

Dow Jones, S&P 500 and Nasdaq futures indicate a mixed open ahead of the opening bell on Thursday, September 3, 2026.

Dow Jones, S&P 500 and Nasdaq futures indicate a mixed open ahead of the opening bell on Thursday, September 3, 2026.

US equity benchmark futures on Wall Street indicate a mixed opening on Thursday, September 3, as investors focused on the mixed cues from the Asian markets, oil prices crossing $97 per barrel, easing Treasury yields and the escalations between the United States and Iran.

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Investing.com data showed that the Dow Jones futures were trading 0.24% higher at 53,251 points ahead of the opening bell on September 3, indicating a more than 190-point higher opening in comparison to the previous Wall Street close.

The exchange data also showed that the S&P 500 index futures were trading flat at around 7,676 points ahead of the market open Thursday, indicating a 10-point higher opening on September 3.

In contrast, the tech-heavy Nasdaq 100 futures were trading 0.26% lower at 29,114 points ahead of the US market opening bell, indicating a marginally lower opening when compared to the previous equity market close.

Key things to watch before US market opens

US stocks to watch on Thursday, September 3

Snowflake: Snowflake shares surged 24% during the pre-market trading session on NYSE as investors focused on the company’s increased full-year guidance, second quarter results surpassing Wall Street estimates turning in revenue of $1.55 billion and adjusted earnings of 62 cents per share on the revenue.
Software stocks: Datadog, ServiceNow, and Salesforce shares are set to be in focus of investors during the trading session on Thursday, due to the strong earnings momentum from Snowflake.
Hewlett Packard Enterprise: Hewlett Packard Enterprise shares declined 5% during the pre-market trading session on Thursday’s market, after the company’s earnings growth guidance of 16-20% failed to impress equity market investors.
Broadcom: Broadcom shares dropped 4% during the pre-market hours on Nasdaq ahead of the opening bell on Thursday, as investors reacted to the company’s revenue guidance for the fourth quarter at $34.8 billion, in contrast to $35.03 billion Wall Street estimates.

The company reported a revenue of $29.59 billion for the third quarter and adjusted earnings of $3.32 per share in its latest quarterly earnings report.

Ultragenyx Pharmaceutical: Ultragenyx shares were trading more than 46% lower during the pre-market session ahead of the stock market opening bell on September 3, after the pharma company’s Angelman syndrome phase 3 drug trials failed to achieve the primary endpoint.
Victoria’s Secret: Victoria’s Secret shares lost over 18% ahead of the opening bell on Thursday’s market as investors focused on the company missing its revenue estimates in the second quarter earnings report.
Netskope: Netskope shares surged more than 12% higher during the pre-market Nasdaq hours ahead of the Wall Street open, after the company said it estimates a full-year revenue of $888-892 million, surpassing market expectations of a $881 million guidance.

Crude oil jumps over $97/barrel

Global crude oil prices surged 2% during the intraday commodity market session on Thursday, September 3, to a high of $97.62 per barrel (bbl), amid the latest round of escalations between the United States and Iran in West Asia.

The United States Central Command (CENTCOM) carried out a wave of military strikes against Iranian military targets including air defense sites, radar systems, maritime assets and facilities, mine laying capabilities, and communications sites, while Iran hit US bases across Jordan, Bahrain, and Kuwait.

The tensions remained elevated as the oil prices reached its highest level since June 4, 2026, with no signs of a de-escalation or a potential peace deal.

Investing.com data showed that benchmark Brent crude oil prices have risen 15% in the last one-month period, and were trading 9.6% higher during the last five market sessions.

How did US markets end on Wednesday?

US equity benchmark indices recovered their early market losses during Wednesday’s trading session to eventually end at higher levels as investors focused on the Treasury yields easing from the recent record high levels amid volatile crude oil prices.

Dow Jones Industrial Average ended 0.56% higher at 53,061.95 points after the trading session on Wednesday, in comparison to 52,766.88 points at the previous equity market close.

MarketWatch data also showed that the S&P 500 index ended 0.46% higher at 7,666.60 points after the trading session on September 2, in comparison to 7,631.47 points at the previous US market close.

The tech-heavy Nasdaq 100 index ended 0.23% higher at 29,143.33 points after the trading session on Wednesday, in contrast to 29,077.22 points at the previous Wall Street close, as per the exchange data.

Economic data release to track

Investors will also monitor the upcoming key economic data releases which are set to be published on September 3, 2026.

As per the US economic calendar, the US Bureau of Economic Analysis and the US Census Bureau will jointly release the official US Trade Balance data for the month of July 2026 at around 8:30 am (ET).

The US Department of Labor is set to release the weekly jobless claims report for the week ended August 29, 2026. Apart from these releases, S&P Global and the Institute for Supply Management (ISM) will release the US Services PMI data at 9:45 am (ET) in the United States.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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