Stock Market Today: Nasdaq, Dow Futures Gain On 3rd Day Of Shutdown—Rumble, Riggeti, Kodiak In Focus

Benzinga

U.S. stock futures advanced on Friday following Thursday’s record advances. Futures of major benchmark indices were higher.  Wall Street was unfazed by the shutdown as the AI-led optimism led the markets higher, even as most S&P 500 sectors declined on Thursday, information technology and communication services advanced.  The next opportunity to hold a vote on a government shutdown will be later today, as the chamber was out on Thursday in observance of Yom Kippur.

Transcript

00:00all right s&p oops i didn't put the screen up let me do that

00:10all right s&p futures green across the board here this morning they're actually down a little bit

00:16from their pre-market highs but still holding on to green s&p 5 oops that's gold oh i messed that

00:23uh gold by the way gold futures up 0.48 but s&p futures up 0.13 dow futures up 0.17 and the

00:32nasdaq up 0.14 so we are technically slightly in the green but we are very very close to flat so

00:40let's see what happens uh when the market opens here today let's also take a look at some cues

00:45from last session here sectors with the biggest losses on thursday included energy consumer

00:51discretionary in real estate with most of the s&p 500 closing in the red however materials and

00:56information technology stocks bucked the trend helping u.s stocks settle higher as the s&p 500

01:02hit a new record with investors shrugging off the government shutdown concerns pushing its market

01:08capitalization to a record 4.6 trillion dollars nvidia ticker nvda rose around one percent extending

01:16its winning streak to a sixth consecutive session advanced micro devices ticker amd surged 3.5

01:23after semaphore reports suggesting intel may add amd as a foundry customer intel shares also advanced

01:302.2 percent on track for their highest close since april of 2024 now as mentioned wall street was

01:38unfazed by the shutdown as the ai-led optimism led the markets higher even as most s&p sectors

01:45declined on thursday information technology and communication services did advance the next

01:50opportunity to hold a vote on the government shutdown will be later today as the chamber was

01:55out on thursday in observance of yom kippur meanwhile president trump once again floated the idea of

02:01issuing rebate checks to americans funded by the hundreds of billions of dollars in tariff revenue

02:06imposed by his administration when asked about what he intends to do with all the money trump said that

02:12his priority is paying down the nation's massive debt but he added that quote we also might make

02:19a distribution to the people end quote uh describing the plan as quote a dividend to the people of

02:25america end quote the 10-year treasury bond yielded 4.09 percent and the two-year bond was at 3.55 percent

02:33up Cameo

02:37away

02:40there

02:41to get

02:42Q who

02:47uh

02:47out

02:49out

02:50out

03:00in

03:00ここ

03:01A

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