U.S. stock futures were rising early Friday morning after a positive session. Strength in the artificial intelligence (AI) sector seemed to outweigh worries about the two-day-old U.S. government shutdown. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.25%, 0.19%, and 0.20%, respectively, at 12:05 a.m. EDT on October 3.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
In the regular trading session, U.S. stocks rose for the fifth day in a row. The Dow, S&P 500, and Nasdaq all closed at record highs, with the Nasdaq and S&P 500 also hitting new intraday peaks. Overall, the Nasdaq, the Dow Jones, and the S&P 500 gained 0.4%, 0.2%, and 0.1%, respectively.
The shutdown has forced the Labor Department to pause most activity, blocking the release of the key September nonfarm payrolls report, due today. This removes a data point that the Federal Reserve would factor into its October interest rate decision.
Stay ahead of macro events with our up-to-the-minute Economic Calendar — filter by impact, country, and more.
