Growth Stocks

Nasdaq 100 futures advanced in Monday’s pre-market trade after weak payrolls reduced expectations for a September Fed hike and gave growth stocks fresh support. Traders are now watching CPI, WTI crude above $79, and key futures levels to judge whether the rally can extend or stall.

Ark Invest accumulated nearly 3.3 million SpaceX shares worth more than $500 million on the company’s record-setting IPO day. The move came alongside more than $325 million in stock sales across at least 13 companies.