Zhi Tong Cai Jing·2025-09-29 11:50Market Movements - US stock index futures are all up ahead of the market opening, with Dow futures rising by 0.42%, S&P 500 futures by 0.45%, and Nasdaq futures by 0.56% [1] - European indices also show positive movements, with Germany's DAX up 0.15%, UK's FTSE 100 up 0.55%, France's CAC 40 up 0.05%, and the Euro Stoxx 50 up 0.06% [2][3] Oil Prices - WTI crude oil has decreased by 1.90%, trading at $64.47 per barrel, while Brent crude oil has fallen by 1.70%, priced at $68.04 per barrel [3][4] Economic News - The US government shutdown risk and non-farm payroll data are major concerns for investors this week, especially after optimistic GDP and consumer spending data were released [5] - The upcoming non-farm payroll data is crucial for market sentiment regarding potential interest rate cuts by the Federal Reserve [5] Company News - BMO Capital Markets has raised its year-end target for the S&P 500 to 7000 points, citing strong market performance and resilience [6] - Cleveland Fed President Loretta Mester expressed concerns about inflation remaining above target levels, opposing interest rate cuts [6] - Gold prices have surged to a new high, exceeding $3800, driven by strong demand from central banks and ETF investors [6] - OPEC+ is considering increasing oil production by at least 137,000 barrels per day in November, despite warnings of oversupply [6] Individual Stocks - MoonLake Immunotherapeutics' stock plummeted over 87% after disappointing trial results for its skin disease drug [7] - GlaxoSmithKline's CEO Emma Walmsley will step down after nine years, with Luke Miels set to take over in January 2026 [8] - Toyota's global sales rose for the eighth consecutive month, driven by strong demand in the US, with an overall increase of 2.2% [9] - Uxin Group reported a significant increase in retail transaction volume, up 153.9% year-over-year for Q2 [9]