Broadcom Jumps Late as S&P 500 Hits Record; Jobs Report Due Friday

On Thursday, September 4, 2025, U.S. equity futures rose modestly after the close as Broadcom (AVGO) and Argan (AGX) reported results and the S&P 500 recorded a new closing high, with the August jobs report from the Bureau of Labor Statistics scheduled for early Friday morning.

Key Takeaways

  • Dow Jones futures edged higher overnight while S&P 500 and Nasdaq futures ticked up slightly.
  • Broadcom (AVGO) and Argan (AGX) released results after the market close; Broadcom showed late strength.
  • The S&P 500 closed at a record on Thursday, supported by a broader market rally.
  • Major growth names including Amazon (AMZN) and Netflix (NFLX) flashed technical buy signals, per market scans.
  • Robinhood (HOOD) and Shopify (SHOP) also appeared on watchlists for potential entries.
  • The August jobs report, due Friday, is the next major economic catalyst for U.S. markets.

Verified Facts

Futures action on Thursday evening showed modest gains: Dow Jones futures moved higher while S&P 500 and Nasdaq futures rose slightly, reflecting cautious positioning ahead of the Labor Department release. The S&P 500 reached a record closing level during the regular session on September 4, 2025.

Broadcom (AVGO) and Argan (AGX) filed results after the market close; trading in Broadcom strengthened late in the session, contributing to gains among chip and AI-related stocks. Ticker symbols referenced: AVGO (Broadcom), AGX (Argan), AMZN (Amazon), NFLX (Netflix), HOOD (Robinhood Markets), SHOP (Shopify).

Market research screens highlighted buy signals for several large-cap growth names, led by Netflix, which was named among eight prospects added to monitored stock lists. These signals reflect technical criteria used by market analysts and do not guarantee future performance.

Notable tickers mentioned in market commentary
Ticker Company
AVGO Broadcom
AGX Argan
AMZN Amazon.com
NFLX Netflix
HOOD Robinhood Markets
SHOP Shopify

Context & Impact

Investors are watching the August jobs report closely because payroll and unemployment readings can shift expectations for Federal Reserve policy and near-term growth. A stronger-than-expected report could raise rate-hike expectations; a softer report could reinforce a more accommodative outlook.

AI-related and semiconductor stocks, including Broadcom, have been market focal points this year; late-session strength in Broadcom can influence sentiment across chip suppliers and AI infrastructure names. Meanwhile, technical buy signals on big-cap momentum stocks may draw short-term buying interest from traders and model-driven funds.

Options and futures desks tend to reduce exposure before major data releases; the modest futures gains late Thursday indicate measured positioning rather than broad conviction. Market breadth and sector rotation will matter if the jobs data surprises in either direction.

Official Statements

“S&P 500 hits record close as investors brace for Friday’s jobs report.”

Investor’s Business Daily

Unconfirmed

  • Whether recent technical buy signals for Amazon, Netflix, Robinhood, and Shopify will hold through the jobs release.
  • Any immediate, durable change to central bank policy plans based solely on the August jobs print (policy moves depend on multiple subsequent data points and central-bank guidance).

Bottom Line

Thursday’s session closed with the S&P 500 at a record and futures holding modest gains into Friday as market participants awaited the August jobs report. Expect heightened volatility around the Labor Department release; traders should weigh technical signals against macro data and corporate earnings that continue to shape sector leadership.

Sources

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