RTTNews·2025-11-05 13:48Market Overview - Following a sell-off, stocks are expected to see further downside in early trading, with S&P 500 futures down by 0.1 percent [1] - Concerns about valuations and a potential artificial intelligence bubble are contributing to weakness on Wall Street [1] Company Performance - Advanced Micro Devices (AMD) shares are down by 2.5 percent in pre-market trading despite better-than-expected third quarter results, as investors were disappointed by fourth quarter margin guidance [2] - Super Micro Computer (SMCI) shares are plunging by 7.6 percent after reporting fiscal first quarter results that missed expectations [2] - Arista Networks (ANET) is experiencing substantial pre-market weakness despite exceeding analyst estimates for third quarter results [3] Employment Data - The ADP report indicates that private sector employment in the U.S. rebounded by 42,000 jobs in October, following a revised loss of 29,000 jobs in September, surpassing economists' expectations of a 25,000 job increase [4] Economic Indicators - The Institute for Supply Management is set to release its report on service sector activity, with the services PMI expected to rise to 50.8 in October from 50.0 in September, indicating growth [5] Global Market Trends - Stock markets in the Asia-Pacific region mostly moved lower, with Japan's Nikkei 225 Index down by 2.5 percent and South Korea's Kospi down by 2.9 percent [7] - European markets are showing mixed performance, with the U.K.'s FTSE 100 Index up by 0.2 percent, while the French CAC 40 Index and the German DAX Index are down by 0.1 percent and 0.3 percent, respectively [7] Commodity Prices - Crude oil futures are slipping to $60.18 a barrel, while gold is trading at $3,987.10, up $26.60 from the previous session [8]