Group 1 - European stocks are expected to open in mixed territory, with the U.K.'s FTSE and France's CAC 40 indexes anticipated to open lower, while Germany's DAX is expected to rise by 0.4% and Italy's FTSE MIB by 0.13% [2] - U.S. President Trump announced a 10% tariff on imported timber and lumber, along with a 25% duty on kitchen cabinets, bathroom vanities, and upholstered furniture, citing threats to the U.S. economy and national security [3] - A potential federal government shutdown is being closely monitored, with concerns that it could impact U.S. credit ratings, which were previously downgraded by Moody's in May [4][5] Group 2 - U.S. stock futures remained stable as investors aimed to conclude a strong September, while Asia-Pacific markets showed mixed results due to a sixth consecutive month of contraction in Chinese manufacturing activity [6]

Core Viewpoint - Investors are closely monitoring upcoming earnings reports from AutoZone and Micron Technology to assess the effects of tariffs and a decelerating labor market [1] Company Summaries - AutoZone's earnings report is anticipated to provide insights into how the company is navigating the challenges posed by tariffs and labor market conditions [1] - Micron Technology's earnings will be scrutinized for indications of the semiconductor industry's response to external economic pressures, particularly tariffs [1] Industry Insights - The overall sentiment in the market is cautious as investors seek to understand the broader implications of tariffs and labor market trends on key sectors [1]