Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California.Netskope is targeting a $7.3 billion valuation in its upcoming initial public offering, after lifting its planned price range.The cybersecurity company said it plans to sell 47.8 million shares at between $17 and $19 apiece. The deal would raise as much as $908 million at the top end.That's up from a previous range of $15 to $17 a share the company revealed in ...

Market Overview - U.S. stock markets experienced a "risk off" attitude, with the Dow closing at -0.55%, S&P 500 at -0.69%, and Nasdaq at -0.60% [1] - Goldman Sachs was the worst performer on the Dow, down -1.9%, while Kraft Heinz fell -7%, the largest drop in the S&P 500 [2] Commodity Performance - Gold prices reached a new all-time high, increasing by +2.35% to just below $3600 per ounce [2] - Bitcoin also saw growth, rising +1.88% to $111,313 [2] Company Earnings - Zscaler reported fiscal Q4 results, with earnings of 89 cents per share, beating estimates by 9 cents, and quarterly sales of $719 million, surpassing expectations of $706 million [3] - Zscaler's billings were notably higher than expected, and guidance for the next quarter and full fiscal year was raised, leading to a +5% increase in shares during late trading [3] Economic Indicators - S&P Manufacturing PMI for August was slightly below expectations at +53.0, down -30 basis points from the previous month, while ISM Manufacturing improved to +48.7%, 70 basis points above the prior month [4] - Construction spending for July showed a slight improvement, moving from -0.4% in June to -0.1%, although it remains below expectations [5] Upcoming Reports - The Job Openings and Labor Turnover Survey (JOLTS) for July is expected to remain stable at 7.4 million job openings, consistent with the current labor market trends [6] - Factory Orders for July are anticipated to improve to -1.3% from -4.8% in June, with additional reports on the Beige Book and August Auto Sales expected [7] - Salesforce is expected to report quarterly earnings with +8.2% growth in earnings per share and +8.7% in revenues, having only missed earnings once in the past five years [8]

Economic Indicators - Job Openings and Labor Turnover Survey (JOLTS) for March is expected to decline to 7.4 million from 7.57 million the previous month, with fluctuations noted over the past year [2] - Private sector payrolls for April are estimated to show a gain of 110K jobs, down from 155K in March, indicating volatility in job growth [3] - Nonfarm payrolls are projected to drop to 130K for April from 228K in March, with the unemployment rate and wage growth expected to remain stable at +4.2% and +0.3% respectively [5] Inflation Metrics - The Personal Consumption Expenditures (PCE) report is anticipated to show a month-over-month change of 0.0%, down from +0.3%, with year-over-year headline expected at +2.2%, a decrease from +2.5% in March [6] Q1 Earnings Reports - Domino's Pizza reported Q1 earnings of $4.33 per share, exceeding the consensus estimate of $4.06, but revenues of $1.1 billion fell short by -0.79%, with U.S. comparable sales down -0.5% [7] - Upcoming earnings reports include NXP Semiconductors, Nucor, and F5 after market close today, followed by Meta and Microsoft on Wednesday, and Apple and Amazon on Thursday [8]