My top 10 things to watch Tuesday, Sept. 3 1. Wall Street is on track to start the holiday-shortened trading week lower. Jobs data will be a key driver of the action in the days ahead , with the August nonfarm payrolls report due out Friday morning. The S & P 500 in August recorded its fourth straight monthly gain, despite a turbulent start to the month. 2.
8. Jefferies downgraded Novartis to hold from buy after the pharmaceutical stock's 20% year-to-date run. While analysts still like its long-term outlook, they believe it will take time next year for Novartis' next batch of approvals and launches to get the attention of investors. 9. Southwest Airlines shares are getting a lift after a one-two punch of news. Activist investor Elliott Management now owns enough of Southwest stock to call a special meeting, Reuters reported.
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