U.S. stock futures remained stable on Sunday night, following a significant rally on Wall Street last week. Despite the ongoing government shutdown, futures for the Nasdaq 100 (NDX), Dow Jones Industrial Average (DJIA), and S&P 500 Index (SPX) all experienced slight increases.
Market Performance Overview
As of 9:22 p.m. EDT on October 5, the futures are tracking as follows:
- Nasdaq 100 (NDX): +0.11%
- Dow Jones Industrial Average (DJIA): +0.19%
- S&P 500 Index (SPX): +0.2%
Last week, despite a mixed performance on Friday, all three major stock indexes posted weekly gains. The key numbers included:
- Dow Jones: +1.10%
- S&P 500: +1.09%
- Nasdaq 100: +1.15%
While the S&P 500 and DJIA reached new all-time highs at the close, the Nasdaq saw its gains limited due to weakness in essential technology stocks.
Government Shutdown Impact
The ongoing government shutdown has raised concerns among investors. Lawmakers failed to reach a funding agreement, resulting in many government offices remaining closed. Notably, this situation has delayed the release of crucial economic data, including the September jobs report originally slated for Friday.
Upcoming Earnings Reports
As earnings season approaches, anticipation is building. Although some companies announced results last week, the primary reporting period initiates on October 14. Key firms scheduled to report include:
- Constellation Brands (STZ)
- Delta Air Lines (DAL)
- PepsiCo (PEP)
- Levi Strauss & Co. (LEVI)
Investors remain focused on these developments as they shape the market outlook amid a notable rally and government uncertainties.
