Markets are subdued in premarket early trading as traders digest the jobs data, which was pushed back due to the partial government shutdown. unemployment data expectations steady, so any surprise could spark volatilities specially with Fed rate cut pricing still in play.
• Futures — Mostly flat to slightly lower pre-data: Dow futures +0.03-0.1% holding near record highs 50,200, S&P 500 futures down 0.09%, Nasdaq futures down 0.2-0.3% tech pulling back modestly.
• Broader tone — Cautious ahead of jobs data ongoing earnings wave like, SHOP, APP, CSCO, MCD reporting. Rotation from tech and AI into cyclicals and Dow strength continues.
• Gold steady, crypto mixed.
Trending Stocks & Major Movers in News Today
Also Read:
SPOT — Surging post-earnings +14-15%+ on strong results beat, high volume leader.
Entry: $470-480+. Tgt: $500+. SL: Below $450 .
SHOP — Strong premarket +8-9%+ ahead of around earnings report.
Entry: Above $130-135. Tgt: $140-145+. SL: Below $125-128 support.
HOOD — Pressured post-earnings -7-8%+ , digesting results amid fintech and crypto rotation.
Caution: Avoid fresh longs until stabilization. Entry if rebound: Near $75-78. Tgt: $85+. SL: Below 70.
Other notables trending Stocks:
• Biotech momentum: ABP, QNCX
• Software/cloud: DDOG.
• Earnings volatility: APP, CSCO, MCD, VRT.
• Chip names: MU, NVDA.