Nasdaq falls as investors react to August employment report: Yahoo Finance

Major markets (^DJI,^GSPC, ^IXIC) are under pressure after the August employment report came in below economists' expectations. The US Bureau of Labor Statistics reported 142,000 new jobs in the labor market in August, below the 165,000 expected, as the economy continues to cool. Meanwhile, the chip sector is on the move. Broadcom (AVGO) shares are sliding after its fourth-quarter outlook disappointed investors. On the other hand, Qualcomm (QCOM) is reportedly exploring the possibility of buying parts of Intel's (INTC) design business. These developments come as the Biden administration introduces new export controls on chips, particularly targeting quantum computing and high-bandwidth chips – key components for AI. Other trend tickers on Yahoo Finance include Nvidia (NVDA), Wheeler Real Estate Investment Trust (WHLR) and UiPath (PATH).

The most important guests include:
3:20 p.m. ET – Claudia Sahm, chief economist at New Century Advisors, former Federal Reserve Board economist
3:30 p.m. ET – Geoff Lewis, Founder and Managing Partner of Bedrock
4:00 p.m. ET – Dan Eye, Chief Investment Officer of Fort Pitt Capital Group
4:15 p.m. ET – Grant van Rooyen, CEO of Tract
4:45 p.m. ET – Jason Robins, CEO of DraftKings