Market Overview - U.S. equities are set to rise, with Nasdaq futures up 0.64% and Russell 2000 futures up 0.57% ahead of market opening [2] - The U.S. stock market opened with Russell 2000 leading at +0.72%, followed by Nasdaq at +0.56%, S&P 500 at +0.33%, and Dow at +0.12% [1] Company Developments - Advanced Micro Devices (AMD) shares surged over 25% in premarket trading following a significant deal with OpenAI [3] - OpenAI is expected to spend billions on AMD's compute products and may acquire up to a 10% stake in the company [4] Economic Indicators - The 10Y Treasury yield increased by 3.5 basis points to 4.154% [3] - Gold prices rose by 1.38% to $3,962.70, approaching the $4,000 milestone [3] - WTI Crude oil prices increased by 1.3% to $61.68, while Silver rose by 0.67% [3] International Market Developments - Japan's Nikkei 225 index reached an all-time high, jumping nearly 5% following the appointment of ultra-conservative lawmaker Sanae Takaichi, who is expected to implement market-friendly policies [5] Earnings Reports - Constellation Brands (STZ) is set to report earnings after market close, with its stock down 41.5% over the past year, making the report critical for assessing the alcohol market's performance [6] Economic Data & Events - No significant economic data points or events are scheduled for today due to the ongoing government shutdown [7]
Stock Market Today: AMD and Tesla Optimism Helps Push S&P and Nasdaq To All-Time Highs
Yahoo Financeยท2025-10-06 14:24