Stock Market Today, our daily live blog, is refreshed periodically throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Wednesday. This is TheStreet's Stock Market Today for Oct. 8, 2025. You can follow the latest updates on the market here in our daily live blog. Save $100 on TheStreet Pro! Get expert market insights for $499/year — limited time only! Update: 4:00 p.m. ET Closing Bell The U.S. markets are now closed. The Nasdaq (+1. ...

Market Overview - Major indexes experienced a decline, ending a seven-day winning streak for the S&P 500, with the Dow down 91 points (-0.20%), S&P 500 down 25 points (-0.38%), Nasdaq down 155 points (-0.68%), and Russell 2000 down 25 points (-1.02%) [1] - Bond yields also retreated, with the 10-year yield at 4.13% and the 2-year yield at 3.57% [1] AI Trade Concerns - There is growing skepticism regarding the sustainability of the AI trade, with questions about whether the current market multiples are justified or if the market is in a bubble [2] Gold Market - Gold prices surpassed $4,000 for the first time, closing at $3,981 per troy ounce, reflecting a +0.76% increase [3] - The rise in gold prices is viewed as a hedge against potential market volatility, particularly as the S&P 500 reached new all-time highs [3] Consumer Credit Trends - Consumer credit saw a significant decline to $363 million in August, down from a $16.0 billion increase the previous month, and well below expectations of $14.0 million [4] - The decline is attributed to deteriorating credit quality, rising credit card balances, and increased delinquencies, with revolving credit down -5.5% year over year [4] Economic Indicators - The data indicates a softening U.S. economy, characterized by a weakening labor market and rising inflation costs, contributing to the pullback in consumer credit [5] - No major economic reports are scheduled for release, and the government shutdown is expected to limit new data availability [6] Federal Reserve Insights - The Federal Open Market Committee (FOMC) recently cut rates by 25 basis points, bringing the Fed funds rate to 4.00-4.25% for the first time in three years [7] - The next FOMC meeting is anticipated to discuss further rate cuts, although the lack of government reports due to the shutdown complicates the outlook [8]

Market Overview - The AI trade continues to drive market sentiment, particularly following the significant deal between OpenAI and AMD, which is expected to add billions in sales for AMD over the next few years [3][9][12] - Major stock indexes opened positively, with the Dow up approximately 88 points, and AMD seeing a notable increase of 7% after a 23% rise the previous day [5][6] - Gold prices have surged, hitting record highs, with a year-to-date increase of over 50%, indicating a strong demand for commodities amid rising equities [7][31] Corporate Performance - McCormick, the maker of Frank's RedHot sauce, has lowered its full-year profit forecast due to increased costs from tariffs [4] - Constellation Brands is facing challenges with weak consumer demand, highlighting the impact of changing consumer preferences [4] - Dell has raised its long-term revenue growth outlook from 3-4% to 7-9% due to a positive outlook on AI [12][15] AI Sector Insights - The partnership between OpenAI and AMD is seen as a pivotal moment for the AI sector, challenging skepticism about peak AI infrastructure and future demand [9][10] - AMD's CEO emphasized the potential of AI technology, suggesting that the industry is in the early stages of a significant growth cycle [11] - Analysts have expressed concerns about the sustainability of AI stock valuations, warning that current multiples may pose risks for new investors [13][27] Tariff Impact - A KPMG survey revealed that 89% of CEOs believe tariffs will significantly affect business performance over the next three years, with 86% planning to increase prices [43][44] - CEOs are actively adjusting supply chains and pricing strategies in response to tariff-related costs [45][48] - The survey indicates a growing concern among CEOs regarding the impact of tariffs on small businesses and overall market stability [47] Investment Strategies - Experts suggest that average retail investors may already have significant exposure to AI stocks and should consider diversifying their portfolios to mitigate risks [19][22] - Leveraged ETFs are gaining interest as investors look for ways to capitalize on the AI trend, although caution is advised for average investors [20][21] - The discussion around gold as a hedge against market volatility is prominent, with some analysts favoring AI investments for potential growth despite the risks [34][38]

Look, you either believe or you don't believe. It is as simple as that. You either accept that Open AAI is going to pay for the billions of dollars of chips they just ordered from AI AMD or you refuse to believe it and you assume AMD will get stiff because OpenAI doesn't have the money or won't need the chips.I prefer to accept the answer I got on this squawk on the street this very morning from Lisa Sue, the brilliant CEO of AMD. She's not worried and neither is Greg Brockman, the co-founder and president ...

Market Overview & Economic Commentary - S&P 500 rose 10% during the 2018 shutdown, suggesting temporary government shutdowns have limited impact on market [2] - Market focus shifting to Q2/Q3 earnings and the AI trade [3] - Anticipation of rate cuts on October 29th and potentially December 10th is expected to fuel market exuberance [4] - Current market conditions are compared to the late 1990s internet bubble, with potential for irrational exuberance [5][6] - Rate cuts may not be necessary given GDP growth of 3% and persistent inflation [10] - The Fed's stance on inflation being "transitory" is questioned, especially with strong GDP growth [10][11] AI Sector Analysis - The AI space is currently perceived as having widespread potential, but is expected to consolidate to a few major players [6] - Circular investments and inflated valuations in AI are reminiscent of the late 1990s tech bubble [7][8] Monetary Policy & Fed Actions - The necessity of rate cuts is questioned, considering current economic indicators [9][10] - The Fed's potential rate cuts are viewed as sweeteners rather than necessities to prevent economic buckling [8] - The Fed's current approach is compared to its "transitory" inflation stance in 2021, despite evidence to the contrary [9][11]

So, what does history tell us about how the markets performed during a government shutdown. How should investors position. In the meantime, let's ask our next guests, Capital Area Planning Group managing partner and CNBC contributor Malcolm Ethridge and BTI chief market technician Jonathan Kinsky.Guys, welcome. Malcolm, typically a government shutdown is something to shrug off or perhaps uh buy a temporary dip, but with the markets performing as well as they have in September and some of the stakes here, ca ...

Market Performance During Government Shutdown - Historically, markets tend to perform at least flat during government shutdowns, with the longest recorded shutdown lasting 35 days [3] - The current administration's willingness to break norms may lead to a more prolonged shutdown, potentially impacting market performance negatively [3] Context of Current Market Conditions - September's market performance was strong, contrary to historical expectations, which raises questions about the reliability of historical patterns during government shutdowns [5] - The absence of a pullback before the shutdown could indicate a different market reaction this time [6] Focus on AI Trade and Consumer Sentiment - The AI trade has been a significant driver of market performance, with major companies like Nvidia contributing positively [9] - Investor focus remains on the sustainability of the AI trade, regardless of consumer and job numbers [10] Technical Indicators and Market Risks - The S&P has gone 105 trading days without testing its 50-day moving average, marking the fourth longest streak since 1990, which may suggest a potential pullback of 3 to 4% [11] - Weakness in consumer-facing sectors, such as restaurants and retailers, could pose risks to the broader market if these trends continue [12][13]

Core Insights - The stock market is experiencing volatility despite major indexes reaching record highs, influenced by the AI trade and strong economic data that may affect Federal Reserve rate cut expectations [1] Economic Data Focus - The key event for the week is the nonfarm payroll report, with economists predicting an addition of 45,000 jobs in the last month, a significant increase from the 22,000 jobs added in August [3] - The unemployment rate is expected to remain steady at 4.3%, with the job market's strength being a critical focus for investors as it influences the Fed's rate-cutting cycle [3][4] - Traders are currently pricing in two more rate cuts by the end of the year, but a strong jobs report could lead to a reassessment of these expectations [4] Additional Labor Market Indicators - Other labor market data to be released includes job openings and labor turnover, with expectations of 7.1 million openings, down from 7.2 million in September [6] - ADP private payrolls are expected to show an addition of 40,000 jobs, down from 54,000 in September [6] - Initial jobless claims are anticipated to rise to 228,000 from 218,000 the previous week [6] Market Sentiment - Market participants are closely monitoring labor market indicators, as any signs of weakness could impact stock performance and Fed policy [5]

Claire, the AI trade has been the absolute juggernaut in markets over the past couple of years now at least. Are there signs in your mind that things are legitimately cooling off or is this just a pause that refreshes so to speak. >> Morning, Dom.It's great to be on your show. Um, there's there's not a pause, there's an acceleration in in our view. I mean, given the fact that was announced between Nvidia and Open AI, the importance of which we don't think can be overstated.Uh I mean this was for 10 gigawatt ...

Market Overview - The market is experiencing a rebound despite concerns about overvaluation and risks related to inflation and labor weakness, as highlighted by JPAL's comments [1][2] - The AI trade remains strong, with continued positive performance from AI-related companies, indicating that this sector is still in its early stages of growth [3][2] Earnings and Market Sentiment - There is a lull in earnings reports, with significant companies like Costco and Nike reporting soon, leading to a quieter market period until bank earnings resume on October 14 [4][5] - Investors are advised to focus on fundamentals and technicals, tuning out the noise from political and market chatter [6] Investment Focus - The investment strategy includes a diversified approach, favoring sectors such as technology, industrials, financials, and select energy companies [7] - Vulcan Materials is highlighted as a strong investment choice due to its dominant position in the aggregates market, which is essential for construction [8][15] Company Performance - Vulcan Materials has successfully increased its pricing, raising the price per ton of aggregate by 55% over the last five years, despite facing some headwinds [13][12] - The company is well-positioned to benefit from upcoming infrastructure projects, particularly with the Space Force initiative in Alabama, which will require significant concrete supplies [9][14] Competitive Position - Vulcan Materials is recognized for its strong pricing power and high award-winning rate from municipalities, indicating a competitive edge in securing contracts [14][15] - Although Vulcan has underperformed compared to peers like Martin Marietta this year, its potential for future growth remains strong due to its market dominance [12][15]