Stock futures open slightly higher after Dow slips following August jobs report

U.S. stock futures opened slightly higher Monday night after the Dow slipped from a record high on Friday before the three-day Labor Day weekend.

In regular trading Friday, the Dow lost 74.73 points, or 0.21%, while the S&P 500 fell slightly by 0.03%. The tech-heavy Nasdaq rose 0.21%, helping support the broader market. Ryan Detrick, LPL Financial's chief market strategist, said there could be a strong job rebound "in coming months" and that there are promising signs that the worst of the surge in Covid cases could be behind us. However, the August jobs report has the potential to delay the Fed's tapering timeline, which is widely expected to begin this year, Detrick said.

One week into September, the major averages are all up, despite a muted kickoff to for the month. Year-to-date, the Dow is up 15.5%, the S&P is up 20.7% and the Nasdaq Composite is up 19.2%, although investors and analysts are still on the lookout for a major correction in September.

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Unemployment among Black men is highest at 9.4 percent compared with 16.1 percent a year ago.

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Huh? I thought the market was closed today? …and that came out FRIDAY. Is CNBC a week behind on Tweets?

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