BlockBeats News, September 2nd, a summary of key pre-market news in the US stock market on Monday:

1. The US added 38,000 jobs in August, the smallest increase since January, below the market's expectation of 48,000 jobs. After the "small non-farm" data was released, the probability of the Fed maintaining interest rates in September was 37.8%, and the cumulative probability of a 25 basis point rate hike was 62.2%.

2. The Fed's Williams stated that inflation remains a top priority and that the current interest rate level is appropriate. Bond yields are key information for the Fed to assess the economic situation. The recent rise in yields is mainly driven by strong economic performance, optimistic economic outlook, strong investment demand, and is also somewhat related to the Middle East conflict.

3. US Commerce Secretary Ritenik stated on Wednesday that the Trump administration is considering a new round of import tariffs on semiconductors. This may further increase tariffs on foreign chips to attract more semiconductor manufacturing to the US. However, these tariffs may be accompanied by tariff exemptions for US domestic manufacturing investment, following a similar approach to the pharmaceutical industry taken by the Trump administration.

4. Goldman Sachs raised SpaceX's (SPCX) price target from $250 to $280 and maintained an "Outperform" rating. Analyst Tim Horan believes that SpaceX has a vertically integrated AI platform, as well as data, capital, and NVIDIA GPU resource advantages, while rapidly expanding its infrastructure.

5. Grace Peters, Head of Global Investment Strategy at JPMorgan, stated that as global stock markets enter a historically weak September, the continued rise in bond yields poses a key risk to global equities. Peters expects further upside in US and European stocks this year but warns that as risk events such as the November US midterm elections approach, the market may see a 5% to 8% pullback.

6. The US Securities and Exchange Commission has released the full agenda and guest list for the "24-Hour Trading" roundtable to be held on September 17th. The meeting will take place at the SEC headquarters from 10 am to 4 pm, open to the public and livestreamed on the SEC website. Participants include Robinhood, NYSE, BlackRock, among others.

7. NVIDIA is in advanced negotiations with the AI startup Hugging Face, planning to acquire it in a deal worth about $14 billion. One insider stated that NVIDIA may reach an agreement as early as this week to acquire Hugging Face for $12.9 billion, including a $1 billion employee retention plan.

8. According to the U.S. Securities and Exchange Commission (SEC) filing, Apple's new CEO, Tim Cook, will see his annual salary increase to $3 million starting from September 1, 2026, and he will also receive a 2027 fiscal year annual equity award with a target value of $55 million.