Market Update for the Week – 1 to 5 Sep 2025

With China President Xi hosting world leaders for China’s Victory Day military parade, what else is happening in the markets?

Monday (1 Sept)

Labor Day.

Tuesday (2 Sept)

US ISM Manufacturing PMI came in weaker than expected.

Kraft Heinz (KHC) reported that it would split into 2.

Constellation Brands (STZ) reduced its profit guidance.

PepsiCo (PEP) rose when news on Elliott Investment Management taking a stake in them came out.

Wednesday (3 Sept)

July JOLTS Job openings fell to their lowest level in nearly a year.

Google parent Alphabet (GOOG) rose after federal judge went against the ruling of the company to sell away its Chrome browser. This allows Alphabet  to continue compensating other companies to have Chrome browser preloaded onto new devices, but with a condition that it cannot be exclusive deals.

Campbell’s (CPB), Macy and Dollar Tree (DLTR) reported better-than-expected sales, although Dollar Tree (DLTR) gave a weaker profit guidance.

Thursday (4 Sept)

Salesforce (CRM) reported disappointing earnings while Hewlett Packard Enterprise (HPE) reported the opposite.

T.Rowe Price Group (TROW) and Goldman Sachs (GS) reported a collaboration to provide clients with public-private investment solutions.

Friday (5 Sep)

Non-Farm Employment change came in weaker than expected.

New York Times report that Trump is canceling airline plans to compensate passengers with hotel stay and free meals.

Gold prices hit record high for the 3rd straight day.

Broadcom (AVGO) announced expectation beating results.

Lululemon Athletica (LULU) dropped after missed analyst estimates.

Tesla (TSLA) rose after revealing a pay package plan for CEO Elon Musk that requires him to hit an ambitious performance target over the next decade.