TransMedics Group Inc (NASDAQ:TMDX) has received FDA premarket approval (PMA) for its OCS Heart system. Related content: Benzinga’s Full FDA Calendar. TransMedics designed…
Pre-open movers
U.S. stock futures traded slightly higher in early pre-market trade after closing mixed in the previous session following the release of weaker-than-expected jobs report for August.
There are several old adages related to the markets. One that is commonly mentioned at this time of the year, just ahead of the Jewish holidays, is "Sell Rosh Hashanah, Buy Yom Kippur."
Pre-open movers
U.S. stock futures traded higher in early pre-market trade ahead of the release of jobs report for August. Analysts expect nonfarm payrolls rising 740,000 for August following monthly gains of 943,000 in July. The unemployment rate is projected to drop to 5.2% from 5.4%.
September has historically been the worst month for the SPDR S&P 500 ETF Trust (NYSE: SPY), but Bank of America analyst Savita Subramanian said Wednesday his Sell Side Indicator is suggesting the market may soon face something a bit more bearish than typical seasonal weakness.