US stock futures were traded flat after shares had hit new records with Wall Street fixed on the promise of AI, even while the government’s closure continues.
Futures connected to the Dow Jones Industrial Average (YM = F), the Benchmark S&P 500 (ES = F) and the technology-heavy Nasdaq 100 (NQ = F) floated around the basic line.
The shares on Thursday rose when the closure went on for a second day. The hope of investors in AI rose when the valuation of OpenAi rises to $ 500 billion, making the company the most valuable startup in the world. The tech-heavy Nasdaq composite (^IXIC), the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) all achieved new records.
Wall Street would normally be on the release of Friday of the September job report. However, the government’s closure is almost certain to postpone the release of the data, leaving Wall Street in the dark. The next job report was mainly expected, because policymakers of the Federal Reserve have emphasized the weakness of the labor market as an important factor in their decision on interest rates during their next meeting.
In the meantime, the end of the government’s closure remains elusive. Democrats continue to insist on the continuation of health care subsidies as a condition for the government financing, while Republicans refuse to negotiate the issue until the government is active again. The Senate was on Thursday outside the session in compliance with Yom Kippur and will meet again on Friday. At the same time, President Trump has continued to dismiss his threats to dismiss federal employees and to dismiss projects in democratically talling states.
Soon
Coverage of the stock market for Friday, October 3, 2025.