Stock Market Today: Stocks Emerge Stronger Into Close Despite Economic Data Delays, Gov't Shutdown
Yahoo Finance·2025-10-02 14:28

Market Overview - The U.S. equities market opened with the Nasdaq leading at 22,890.44, up by 0.59%, and the S&P 500 at 6,725.69, up by 0.24%, both hitting intraday records shortly after the open [1] - The Russell 2000 increased by 0.24% to 2,442.54, while the Dow rose by 0.14% to 46,496.05 [2] Gold Market - Gold prices are rising, approaching the $4,000 mark, with spot prices hitting a record of $3,895.23 [2] Tesla Q3 Deliveries - Tesla announced Q3 deliveries of 497,099 vehicles, significantly exceeding Bloomberg's estimate of 439,612, marking its best quarter ever [2][3] - Production for the quarter was 447,450 vehicles, slightly below the expected 450,313 [3] Rivian Performance - Rivian delivered 13,201 vehicles, surpassing estimates of 12,955, and projects annual deliveries between 41,500 to 43,500 [3] Economic Data - The government shutdown has delayed the release of Initial & Continuing Jobless Claims and other economic data from the Bureau of Labor Statistics [4] - Challenger Job Cuts data reported 54,064 layoffs in September, a significant decrease from 85,979 in August and below the analyst expectation of 150,000 [5]