NYSE Content Advisory: Pre-Market Update + Biotech Enveda raises $150 million to reach unicorn status
- Stocks are fractionally higher Thursday morning after the S&P 500 rose about half a percentage point on Wednesday. Gains in shares of Big Tech including Alphabet and Apple fueled the rise.
- A read of private sector payrolls today is expected to show 75,000 jobs were added last month. It precedes the non-farm payrolls report on Friday. Economists anticipate unemployment ticked higher in August to 4.3%.
- Private Biotech firm Enveda announced its reached unicorn status. The clinical stage company is looking at a valuation of more than a billion dollars after closing its latest round of funding.
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