Markets reopen after Labor Day with gold hitting record highs, silver surpassing $40, and bond yields nearing 5%. Oil prices rise modestly. Legal and political uncertainty looms following court ruling on Trump’s tariffs. Tech leadership, political headlines, and jobs data shape market dynamics. S&P 500, Nasdaq, and Dow futures decline in pre-market trading.

United Therapeutics up 42% after positive study results. Frontier Group rises 12% on Deutsche Bank upgrade. PepsiCo climbs 4% after Elliott sends letter to board. Constellation Brands drops 7% after cutting EPS view. Similarweb falls 6% as CFO departs. Fortinet down 4% on Morgan Stanley downgrade. Cybin slips 2% as CEO announces departure.

Read more at Yahoo Finance: United Therapeutics surges after TETON-2 met primary endpoint