S&P 500 Futures Rise as Shutdown Ends, Rate Jitters Build

US stock futures are ticking upward this morning, with the S&P 500 set to open about 0.1% higher after a market-moving end to the government shutdown. Congress passed a bill to fully reopen the government following a record 43-day closure, and this sudden return to normal operations has pushed the key interest rate for 10-year Treasuries up to 4.09%. That means borrowing money may now get a bit more expensive for families and businesses. At the same time, the job market is flashing warning signs, with private-sector employers unexpectedly cutting more than 11,000 jobs each week in October. The big question for investors is whether shrinking job growth will push the Federal Reserve to cut rates before the end of the year, or if sticky inflation tied to the shutdown keeps borrowing costs high. This has put rate-sensitive sectors like banks and real estate in the spotlight, since their profits depend heavily on where interest rates are headed next.

With rates and jobs in flux, don’t miss our exclusive list of undervalued stocks based on cash flows before Wall Street catches on.

Is AngloGold Ashanti still a smart investment or just hype? Read our most popular narrative and get all the answers you need.

ONC 1-Year Stock Price Chart

Look past the noise – uncover the top narrative that explains what truly matters for Tencent Music Entertainment Group’s long-term success.

CRCL 1-Year Stock Price Chart
CRCL 1-Year Stock Price Chart

Entertainment and tech earnings are in focus, alongside select global metrics set to guide investor sentiment today and tomorrow.

  • Walt Disney (DIS) reports Q4 results pre-market on Thursday, with forward guidance expected to provide clarity on recovery prospects for its streaming and parks business.

  • JD.com (JD) unveils Q3 earnings pre-market on Thursday, offering a closely watched update on Chinese consumer demand trends.

  • Applied Materials (AMAT) releases Q4 numbers post-market Thursday, highlighting semiconductor sector momentum as global supply chain pressures ease.

  • Nu Holdings (NU) delivers Q3 earnings after the bell Thursday, offering insight into Latin American fintech growth and digital banking adoption rates.

Use our Portfolio or Watchlist features to track market-moving events like these and get alerts for the companies you own, free!

Don’t settle for yesterday’s winners. Opportunity knocks for only a short time. Our analysts have uncovered 27 AI penny stocks that are harnessing explosive AI trends for breakthrough upside this quarter.

Ready to take control? Use our stock screener to uncover hidden gems, set custom filters that fit your investing style, and get timely alerts so you never miss an opportunity.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *