The S&P 500 ($ Spy) (SPY) is closed on Friday +0.01 %, closed the Dow Jones Industries ($ DowI) +0.51 %, and closes the NASDAQ 100 ($ IUXX) (QQQ) -0.43 %. Futures increased in December (ESZ25) +0.01 %, and future NASDAC decreased in December (NQZ25) by -0.44 %.
The stock indicators settled on Friday, where the S&P 500, Nasdaq 100 and Dow Jones Industries have ever published new levels. The stock indicators initially rose to Friday, when the chips and the sub -structure shares gained artificial intelligence, driven by the optimism that the growth in the artificial intelligence sector will translate into corporate profits. However, the high bond returns on Friday sparked a long liquidation in the inventory of sensitive technology for interest rates. The 10-year-old T-Note +4 BP returns to 4.12 % increased on subjugating comments from the Federal Reserve Chairman at the Chicago Austbee and Dallas Ped President Lorie Lorie Lorie Lorie Lorie Lorie Lorie Lorie Lorie Lorie Lorie LOGAN, who warned of additional discounts of prices from the FBI.
The stock indicators also fell from its best levels on Friday to mixed trade after the SEP ISM service index decreased more than expected to the lowest level in 4 months. Also, price pressure signs in the services sector have been weight on bond prices and stocks after the price of SEP ISM services is unexpectedly increased. Finally, the United States government closed for the third day on Friday the morale of the market.
Government closure means a delay in issuing government reports, including the monthly salary report on Friday. The prolonged closure may also delay the government inflation data, which is scheduled to be released on October 15. The White House has warned that if the government closure continues, it will lead to a large -scale separation of employees in government programs that are not in line with President Trump’s priorities. Bloomberg Economics estimate that 640,000 federal workers will be made during the closure, which will expand unemployment claims and pay the unemployment rate to 4.7 %.
The US S& P Compsite managers are reviewed up to 53.9 of 53.6 previously.
The Sep ISM service index in the United States -2.0 decreased to the lowest level in 4 months, 50.0, that is, weaker than 51.7 expectations. The price of SEP ISM services is unexpectedly increased +0.2 to 69.4, which is higher than a decrease to 68.0.
Chicago Austan Fuolsby, head of the Federal Reserve, warned of the occurrence of a lot of reductions in the interest rates in the Federal Reserve, saying: “The high inflation that we see, along with jobs, has deteriorated salaries, put the federal reserve in a sticky spot where you get a deterioration on both sides of the modified in time.”
The Federal Reserve Chairman in Dallas Lori Logan said that the Federal Reserve “needs to be cautious about more price cuts from here”, as inflation is far from the goal of the Federal Reserve Bank of the maximum employment goal.
High corporate profits expectations are a bullish background for shares. According to Bloomberg Intelligence, more than 22 % of companies at S&P 500 have provided guidelines for the results of the third quarter profit that is expected to overcome analysts’ expectations, the highest level per year. Also, S&P companies are expected to publish a 6.9 % profit in the third quarter, an increase of +6.7 % as of the end of May.
Market pricing a 98 % opportunity to reduce -25 basis points at the next FOMC meeting on October 28-29.
Foreign stock markets on Friday settled higher. EURO Stoxx 50 closed the top +0.10 %. Shanghai did not circulate the Chinese boat and is closed for a week -long lunar vacation. Nikki’s share in Japan rose 225 to the highest level for one week and closed +1.85 %.
Useful interest rates
T -Notes, December 10 (ZNZ5) closed on Friday from -8 ticks. The T-Note returns for 10 years +3.6 basis points increased to 4.119 %. December T-Notes abandoned early progress and told a decrease on Friday due to honesty comments from the Federal Reserve Chairman at Chicago Austan Fuolsby and Federal Reserve Chairman Lori Logan, who warned of additional discounts in interest rates in the Federal Reserve. T-Notes was also pressed after the price of the Sep ISM Services Service Service increased unexpectedly, a sign of price pressures in the service sector.
December T-Notes initially rose to Friday and published the highest level for one week, and the T-Note revenue decreased for 10 years to the lowest level per week at 4.077 %. T-Notes got early support on Friday after the SEP ISM service index fell more than expected to the lowest level in 4 months. The constant closure of the US government is also optimistic about fears that prolonged closure can weaken the economy, which is a supportive factor for T-Notes.
European government bonds returned on Friday. The German return decreased for 10 years to the lowest level in two weeks at 2.690 % and ended by -0.2 basis points by 2.698 %. The UK’s doctrine returned for 10 years -2.0 basis points to 4.690 %.
PPI in the euro area has decreased by -0.3 % m/m and -0.6 % on an annual basis, weaker than -0.1 % m/m and -0.4 % on an annual basis, with a decrease -0.6 % on an annual larger annual basis in 9 months.
The PMI Composite Composite in the UK has been reviewed to the bottom -9 to the lowest level of 5 months at 50.1 of the previous amount 51.0.
European Central Bank Board of Directors stated that the European Central Bank policy makers have found “perfect calibration” for interest rates and policy settings, and it is suitable for ensuring consumer prices rise with a 2 % goal in the medium term.
Makazat will return a 1 % chance to reduce the interest rate by the European Central Bank at the next policy meeting on October 30.
American engines
Humana (Hum) closed more than +10 % and added to a +4 % jump on Thursday to lead managed health care companies higher and win in the S&P 500 after reaffirming its profit guidelines for 2025. Cente (CNC) closed more than +5 %, and closed Cigna Group (CI) more than +4 %. In addition, Molina Healthcare (Moh) and Elevance Health (elv) closed more than +3 %, and closed UNITEDHELHELHELTH GRUP (UN) more than +1 % to lead the winners in Dow Jones Industries.
Fair Isaac Corp (Fico) closed more than +3 %, adding to an increase of +17 % on Thursday after announcing that it will sell credit grades directly to the mortgage positions, which reduces their dependence on credit offices.
Knight-Swift Transportation Holdings (KNX) closed more than +3 % after Stifel upgraded shares to buy from Hold with a $ 45 goal.
Zillow Group (ZG) closed more than +2 % after upgrading Gordon Haskett shares to buy from Hold with a $ 90 price goal.
Freeport-McMORAN (FCX) closed more than +2 % after UBS upgrade to purchase from a neutral with a $ 48 goal.
Entergy (ETR) closed more than +1 % after upgrading ScotiaBank from stocks to the sector that exceeds the performance of the sector with the price goal of $ 105.
Occidental Petroleum (Oxy) closed more than +1 % after upgrading Mizuho Securities the arrow to outperforming neutral performance with the price of $ 60.
The US -related casino shares fell on Friday after City Group said that national passengers from the Ministry of Travel in China in the first two days of the Golden Week were weaker than expected. Wynn Resorts Ltd (Wynn) and Las Vegas Sands (LVS) closed more than -7 %. Also, MGM Resorts International (MGM) closed more than -2 %.
The chips makers and the branch of the branch of Amnesty International abandoned early gains and fell on Friday, which weighed in Nasdaq 100. Kla Corp (Klac) closed more than 3 %. Also, the Applied materials (AMAT) closed more than 2 % after saying that its net revenues for the fiscal year 2026 are to decrease by $ 600 million due to a new base by the US Department of Industry and Security Office. In addition, advanced advanced devices (AMD) closed more than -2 %, and closed Intel (INTC) and Texas Instruments (TXN) more than -1 %.
Weakness in most wonderful seven shares of technology was a traction on the total market. The Meta (Meta) platforms closed more than -2 %, and closed Tesla (TSLA) and Amazon.com (amzn) more than -1 %. Also, NVIDIA (NVDA) was closed by -0.67 %.
Palantir Technologies (PLTR) closed more than 7 % to lead the losers in the S&P 500 and NASDAQ 100 after Reuters reported that the army note stated that the communications network in the company’s battlefield has serious “basic security” defects.
HCLA Mining (HL) closed more than -1 % after Roth Capital Partners has reduced stock classification for sale from neutral with a price of $ 8.75.
Profit reports (10/6/2025)
AEHR (AEHR) test systems, Constellation Brands Inc (StZ).
On the date of publication, Rich Asplund did not have positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are only for media purposes. This article was originally published on Barchart.com
