- Overnight, S&P 500 and Dow futures rose 0.3% and 0.1%, respectively, though the Nasdaq powered ahead by 1.1%, led by outsized gains for Apple and Tesla.
- Zoom Video also brought cocktails to the party on the Nasdaq, jumping 27% AH after quarterly revenue more than quadrupled due to stay-at-home trends, while the video-conferencing company raised its sales outlook.
- The results cemented the Nasdaq's best monthly performance since 2000, while the S&P recorded one of its best August's since the 1980s.
- In other economic news, the U.S. payroll tax deferral takes effect today, while eurozone inflation turned negative for the first time since 2016.
Nasdaq futures pop