Morning Wrap: ASX 200 to slump at open, US jobs figures missed expectations, Westpac CEO Peter King to step down

Stocks are going to open lower today after the US jobs report missed economists' expectations. The 142,000 figure was well below the median expectation of 165,000. Even though the unemployment rate ticked down to 4.2% for technical reasons, investors were still left spooked by the real possibility the Fed will start cutting rates one meeting too late. Another reason stocks will also trade lower is that CSL, among others, will trade ex-dividend today.

Let's dive in.

Note: Today’s Morning Wrap will be brief as Kerry is away.

S&P 500 SESSION CHART

Bar a spike of buying a couple of hours into the session, it was one-way traffic for the S&P 500. (Source: TradingView)

Stocks trading ex-dividend: 

• Mon 9 Sep: Objective Corp (OCL) – $0.09, Viva Energy (VEA) – $0.067, CSL (CSL) – $2.203, Hub24 (HUB) – $0.195, Super Retail Group (SUL) – $0.87, Australian Finance (AFG) – $0.04, Perseus Mining (PRU) – $0.037

• Tue 10 Sep: SG Fleet (SGF) – $0.243, News Corp (NWS) – $).107, Regis Healthcare (REG) – $0.066, Shriro Holdings (SHM) – $0.03, Bluescope Steel (BSL) – $0.30, Eagers Automotive (APE) – $0.24, Peet (PPC) – $0.028

• Wed 11 Sep: EVT (EVT) – $0.20, Kogan (KGN) – $0.075, Ive Group (IGL) – $0.085, Adairs (ADH) – $0.07, Dusk Group (DSK) – $0.04, Pepper Money (PPM) – $0.05, IDP Education (IEL) – $0.09, IGO (IGO) – $0.26, Qualitas (QAL) – $0.058, Brambles (BXB) – $0.289, Mercury NZ (MCY) – $0.127, Accent Group (AX1) – $0.045, LGI (LGI) – $0.013, Cue Energy (CUE) – $0.01, Finbar (FRI) – $0.08

• Thu 12 Sep: Spark New Zealand (SPK) – $0.128, Austin Engineering (ANG) – $0.008, BHP (BHP) – $1.092, McMillan Shakespeare (MMS) – $0.78, Navigator Global (NGI) – $0.044, Earlypay (EPY) – $0.002, Nine Entertainment (NEC) – $0.045, CTI Logistics (CLX) – $0.055, Perpetual (PPT) – $0.53, Atlas Pearls (ATP) – $0.01, Air New Zealand (AIZ) – $0.012, Cash Converters (CCV) – $0.001, TPG Telecom (TPG) – $0.09, PWR Holdings (PWH) – $0.092, Freightways (FRW) – $0.173, XRF Scientific (XRF) – $0.039, Breville Group (BRG) – $0.17

• Fri 13 Sep: Grange Resources (GRR) – $0.005, Ramelius Resources (RMS) - $0.05, FFI Holdings (FFI) - $0.125, Perpetual Investment Company (PIC) - $0.04, Lovia Holdings (LOV) - $0.37, Kelsian Group (KLS) - $0.095, Ariadne Group (ARA) - $0.005, Downer EDI (DOW) – $0.011, Car Group (CAR) - $0.385. SKS Technologies (SKS) - $0.01, Data#3 (DTL) - $0.129, Cleanaway Waste Management (CWY) - $0.025