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Friday's big stock stories: What’s likely to move the market in the next trading session

News | 2026/08/06 23:06

Friday's big stock stories: What’s likely to move the market in the next trading session

Key events expected in the world's financial markets

On Friday, CNBC's producers were watching how the Dow Jones snapped a five-day winning streak and what is on the radar for the next session:

The jobs report for July will be released at 8:30 a.m. ET. We will have the data live on "Squawk Box" with Becky Quick, Andrew Ross Sorkin, and Joe Kernen:

The Dow Jones consensus estimate is for 83,000. It's a hot topic on the prediction market website Kalshi, where 34% of those betting money think the number will come in above 80,000:

The theme of the "Great American Consumer" was discussed by Jim Cramer on "Mad Money." He stated, "The consumer is totally strong right now." Cramer cited positive statements from Wells Fargo and Bank of America regarding consumers:

He also moved on to numbers from Expedia and Booking Holdings showing high travel demand:

Cramer thinks Capital One is a good place for people to invest in the American consumer:

The quarterly report for Under Armour will come out Friday morning. Shares have remained flat over three months:

The quarterly report for Fluor will also be on "Squawk Box." The company is down 10% in three months:

Take-Two Interactive, which owns Rockstar Games, is up 4.7% over three months:

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