GoKawiilThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. We got insight yesterday into cyclospora's business impact from one of the companies most associated with lettuce: Sweetgreen . Shares of the salad chain are tanking in extended trading after it cut its full-year outlook, saying fears around the outbreak hurt sales. Stock futures are higher this morning after a negative day. Here are five key things investors need to know to start the trading day:
1. On the job
A now hiring sign is posted in the window of a Domino's Pizza restaurant on June 5, 2026 in Los Angeles, California. Justin Sullivan | Getty Images
All eyes are on July's nonfarm payrolls report due out at 8:30 a.m. ET for the latest clues on where the labor market is heading. Wall Street's expectations for the numbers vary significantly, meaning some investors could be in for a surprise. Here's what to know: Economists polled by Dow Jones expect the report to show a gain of 83,000 jobs last month and for the unemployment rate to hold steady at 4.2%.
But others are anticipating headline figures far lower and warning that the unemployment rate — which is followed particularly closely by the Federal Reserve — could tick higher.
There have been mixed signals in recent days: While jobless claims came in lower than expected Thursday, ADP reported earlier this week that private payrolls posted cooler growth than anticipated in July.
All three major averages are on track to log a positive week, even with yesterday's pullback. The Dow Jones Industrial Average snapped its longest winning streak in more than two months on Thursday.
snapped its longest winning streak in more than two months on Thursday. Follow live market updates here.
2. Fuel for thought
A driver refuels a vehicle at a Marathon gas station in Pinole, California, US, on Monday, Aug. 3, 2026. David Paul Morris | Bloomberg | Getty Images
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