Dow futures near record highs after shutdown ends: 5 things to know before Wall Street opens

Market Overview - Dow futures were steady near record highs, with the index breaking above 48,000 for the first time, reflecting a cautiously upbeat mood among investors [3] - The end of the US government shutdown has contributed to market optimism, particularly benefiting financial and healthcare stocks [3][5] Economic Data and Federal Reserve - Investors are awaiting a backlog of key economic data, including reports on jobs, inflation, and retail spending, which are crucial for assessing the economy and influencing December Fed rate-cut expectations [6][8] - The resolution of the government shutdown is expected to impact market momentum and the Federal Reserve's policy decisions [4][8] Company Performance - Tencent reported strong Q3 results, with revenue climbing 15% to 192.9 billion yuan (approximately $27.12 billion), driven by its gaming business and significant investments in AI [9] - CEO Ma Huateng highlighted AI and gaming as key growth drivers, positioning Tencent competitively in the evolving tech market [10] Global Market Trends - Global markets showed mixed performance, with Japan's Topix reaching record highs and European stocks edging higher, indicating steady sentiment across various regions [12][13] - US Treasury yields remained mixed, reflecting cautious optimism following the end of the government shutdown and upcoming economic data [11]