On Monday, the US stock market was closed for Labor Day, with the three major futures indices edging down slightly, while European stocks also declined slightly.
As of the time of publication, Nasdaq futures fell by 0.19%, S&amp;P futures fell by 0.17%, and Dow futures fell by 0.13%.
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European stocks collectively declined, with the pan-European Stoxx 600 index falling by 0.3%, and the stock markets in Germany, France, the UK, and Italy all declining.
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The US Dollar Index held steady.
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The Japanese yen weakened, with the USD/JPY exchange rate rising by 0.38% to 146.73 yen.
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Updating

NASDAQ futures fell by 0.2%, the STOXX Europe 600 index fell by 0.3%, with the stock markets in Germany, France, the UK, and Italy all declining collectively

- Eurozone's August manufacturing PMI hit 45.8, slightly above expectations but still in contraction territory, influenced by Germany and France's low figures. Conversely, the UK's PMI rose to a 26-month high at 52.5, signaling expansion.
- European Central Bank officials show increased divergence on economic growth prospects, with concerns ranging from recession to persistent inflation pressures. Despite dissent, a consensus on rate cuts minimizes the impact on September's policy decisions.
- European stock markets closed mixed, with the Stoxx 600 index slipping slightly, led by Rolls-Royce's significant drop and varied sector performances. Bond yields rose, notably in Italy, while the Bloomberg Dollar Index climbed to a two-week high, impacting currency markets.

US stock market closed for Labor Day, with slight declines in the three major futures indices, while European stocks collectively fell