The S&P 500 ($ Spy) (SPY) has increased today +0.42 %, as the Dow Jones Industries ($ DOI) (DIA) (DIA)) has a rate of -0.04 %, and Undel Nasdaq 100 ($ IUXX) (QQQ) increased +0.85 %. Futures increased in December (ESZ25) +0.41 %, and Nasdak increases in December (NSZ25) (NQZ25) +0.84 %.
Stock indexes are mixed today. The broader market is climbing, bond returns decline in the hope that the US labor market news in the United States is weak this week, including Jolts job opportunities in August, changing ADP employment in September, and not planted salaries in September, will push the Federal Reserve to continue to reduce interest rates. The T -Note returns for 10 years -3 BP decreased to 4.14 %.
The stock indicators are located in the midst of a 5.5 -month rally that paid the S&P 500 index, Dow Jones Industrial Extern, and NASDAQ 100 to record high levels last week, driven by strong profit growth, federal reserve dilution measures without stagnation, and global financial policy. The stocks extended their gains today after home sales have risen waiting for home sales more than expected in 5 months.
Today’s chips are climbing to lead technology shares higher. However, the weakness of energy producers limits the gains in the total market and proves the Dow Jones, as the price of raw WTI oil decreased by more than 3 %.
Comex Gold (GCZ25) increased by more than 1 % today, reaching a record exceeding $ 3800 an ounce, driven by additional inclusion expectations to reduce the federal reserves, uncertainty associated with US tariffs, and an increase in the risk of US government closing.
House sales in the United States increased pending 4.0 %/m, stronger than +0.4 % m/m and the largest increase in 5 months.
The US manufacturing activities in the United States in Dallas decreased unexpectedly -6.9 to -8.7, that is, weaker than the increase expectations to -1.0.
Today’s comments were from the President of the Fladland Flonde Beth Hamak Skil when she said that inflation “is not really due to the goal of the Federal Reserve, which is 2 % until the end of 2027 or early 2028” and that “we really need to maintain a restricted position of politics.”
One of the potential negative factors in the market morale is the possibility of the United States government on Wednesday if legislators fail to pass a continuous spending or decision (CR) by that time. congress leaders are scheduled to meet with President Trump later today to negotiate the short -term spending bill. Last Wednesday, the White House warned that the closure would lead to a large -scale separation of employees in government programs that are not in line with President Trump’s priorities.
High corporate profits expectations are a bullish background for shares. According to Bloomberg Intelligence, more than 22 % of companies at S&P 500 have provided guidelines for the results of the third quarter profit that is expected to overcome analysts’ expectations, the highest level per year. Also, S&P companies are expected to publish a 6.9 % profit in the third quarter, an increase of +6.7 % as of the end of May.
Market pricing an 89 % opportunity to reduce -25 basis points at the next FOMC meeting on October 28-29.
The market focus this week will be on any new trade or tariff news. On Tuesday, Sep Mni Chicago’s purchasing managers are expected to climb +1.8 to 43.3. Also, Aug Jolts -11000 to 7.170 million jobs are expected to slide. Finally, the consumer confidence index at the SEP -1.4 Conference Council will decrease to 96.0. On Wednesday, the Sep AdP employment change is expected to increase by +50,000. Also, the Sep ISM manufacturing index is expected to rise by +0.3 to 49.0. On Thursday, the weekly unemployment claims are expected to increase by +7,000 to 225,000. Also, the AUG factory orders are expected to increase by +1.4 %/m. On Friday, SEP +50,000 non -agricultural salaries are expected to increase, and the SEP unemployment rate is expected to remain unchanged at 4.3 %. Also, the average clock profits are expected to increase by +0.3 % m/m and +3.7 % on an annual basis. Finally, the SEP ISM -0.3 Service Index is expected to slide to 51.7.
Foreign stock markets today are mixed. Euro Stoxx 50 rose to a height of 6.75 months and rose +0.23 %. The Chinese Shanghai compound rose to the highest level for one week and closed 0.90 %. Nikkei’s share in Japan decreased to the lowest level per week for one week and closed -0.69 %.
Useful interest rates
December 10 T-Notes (Znz5) today above +7. The T -Note returns for 10 years -3.3 BP decreased to 4.143 %. T-Notes is slightly higher today on expectations that US labor market news this week will show weakness in the labor market, which will allow the Federal Reserve to continue to reduce interest rates. Also, 3 % diving today in WTI crude oil prices have decreased inflation expectations, which is a factor of federal reserve policy and TTi prices, as the inflation rate decreased for 10 years to less than 1.5 weeks by 2.363 %. T-Notes has retracted its best levels after Beth Hamak, Fed Cleveland’s president, said that she is still concerned about inflation and argues against additional discounts in the Federal Reserve rate.
European government bond returns today are moving to a decrease. German return has decreased for 10 years to the lowest level in weeks at 2.714 % and a -3.0 basis points decreased at 2.716 %. The UK’s doctrine has decreased for 10 years -4.2 basis points to 4.704 %.
Economic confidence in the SEP region has increased unexpectedly +0.2 to 95.5, stronger than 95.3 expectations.
The European Central Bank Board, Makhlouf, said that the European Central Bank “is” near the bottom “of the price cutting course, and policymakers must continue to be vigilant because the full impact of American definitions” still feeds “on the imports of the European Union.
Makazat will return a 1 % chance to reduce the interest rate by the European Central Bank at the next policy meeting on October 30.
American engines
Chips make up today, and provide a batch of the total market. Globalfoundries (GFS) increased more than +6 % and Micron (MU) more than +5 %. Also, NVIDIA (NVDA) increased more than +2 % to lead the winners in Dow Jones Industries. In addition, advanced fine devices (AMD), ASML Holding NV (ASML), and applied materials (AMAT) increased more than +2 %. Finally, KLA Corp (KLAC) and ARM Holdings PLC (ARM) increased more than +1 %.
Energy producers and energy service providers slide today at WTI’s crude oil price for more than 2 %. Conocophillips (COP) decreased more than -3 %, APA Corp (APA), Devon Energy (DVN), DiamondBack Energy (Fang), and Exxon Mobil (XOM) has decreased more than -2 %. Also, CVX decreased more than -2 % to lead the losers in Dow Jones. In addition, MARATHON Petroleum (MPC), Schlumberger (SLB), Phillips 66 (PSX) and Valero (Vlo) decreased more than -1 %.
Merus NV (MRU) increased more than +36 % after Genb announced a deal to obtain the company for $ 8 billion or $ 97 per share.
Western Digital (WDC) increased more than +8 % to lead the winners in the S&P 500 after raising the Rosenblatt Securities whose goal on the arrow is to $ 125 from $ 90.
Applovin (App) increased more than +8 % to lead the winners in NASDAQ 100 after Philip Securities began covering the arrow with a recommendation to accumulate with the price of the price of $ 725.
OKLO (OKLO) increased more than +6 % after Barclays began covering the arrow with a recommendation of weight gain with the price of $ 146.
The Arts Electronic Arts (EA) increased more than +4 % after it acquired a PIF, Silver Lake and Affinity Partners for $ 55 billion or $ 210 per share.
Lam Research (LRCX) increased more than +2 % after the Deutsche Bank shares to buy from Hold with a $ 150 price.
Moonlake (MLTX) has decreased by more than -89 % on late clinical clinical experiment data disappointing on the company’s experimental medicine to treat skin condition known as Hidradenitis SuPurativa.
Western Alliance Bancorp (Wal) has decreased more than -2 % after Wells Fargo Securities has reduced stocks to weight loss of equal weight.
Hotels Hotels (Christ) decreased by more than -1 % after it reduced the share of America Global Research to twice the performance of BUY with a $ 110 price goal.
M & T Bank (MTB) has decreased more than -1 % after the Moorgan Stanley Reduction from Reducing stocks to equal weight gain.
Profit reports (9/29/2025)
Carlival Corp (CCL), Idt Corp (Idt), Jefferies Financial Group Inc (JEF), Lionsgate Studios Corp (Lion), Progress Software Corp (PRGS), Repositrak Inc (TAK), Vail Resorts Inc (MTN).
On the date of publication, Rich Asplund did not have positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are only for media purposes. This article was originally published on Barchart.com
