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7 PM After-Hours Flash: Labor Day | Labor day

Builders are slamming the brakes harder than expected this Labor Day. Fresh economic data just dropped showing U.S. construction activity slowed more sharply than any forecast, with new housing starts and building permits both missing estimates by a wide margin. Analysts say this is the weakest Labor Day release we've seen in over a year, signaling cracks in the housing market just as the Fed weighs its next rate move.

European futures are turning lower on the news, while Asian markets closed mixed with traders now pricing in a higher chance the Fed stays cautious into the fall. Bitcoin is holding just above sixty two thousand as crypto watches for any ripple into risk assets. Oil is also slipping on the softer demand outlook.

This update changes the picture from last week's stronger manufacturing data. The labor market and housing slowdown now take center stage heading into tomorrow's open.

Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.

⚠️ Risk Disclosure: This analysis is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Options trading involves substantial risk of loss and is not appropriate for all investors. Past performance is not indicative of future results. VixShield signals are educational content only.