Futures linked to the DOW JONES index rose 0.08% to 47,407.10 points, while S&P 500 futures fell 0.20% to 6,818.90 points. NASDAQ 100 futures fell 0.41% to 25,506.90 points.
Wall Street is coming off a very positive day yesterday in the hope of an end to the US Government shutdown, the longest in history. He Nasdaq technology was the most benefited, registering a gain of 2.27%, the highest since May. The S&P 500 rose 1.54% and the DOW JONES closed up 0.81%.
Yesterday the Senate finally signed the agreement to put an end to the longest administration shutdown in the country’s history. The negotiated deal does not include Democrats’ demand that any funding bill include an extension of Affordable Care Act subsidies, and instead proposes a vote on the tax credits in December.
The package now goes to the Republican-controlled House of Representatives (lower house of the US Congress) for a final vote, a vote that could occur as soon as Wednesday, and will then be sent to President Trump for his signature.
«He end of lockdown removes another risk for markets and economyespecially given that we were approaching a period in which the lockdown would have a lasting impact on the economy, due to non-payment of wages and the consequent decrease in consumption, and even a reduction in travel, «he notes. Sonu Varghese, global macroeconomic strategist at Carson Group. “Reopening the government will also be beneficial, as we will begin to receive macroeconomic data again, and so the Federal Reserve will not arrive at its December meeting without sufficient information.”
In fact, “it is very likely that Next week we will witness a ‘bombardment’ of macroeconomic figures in the USfigures that could not be published while the federal government closure lasted due to lack of personnel,” he warns. Juan J. Fernández-Figares, from Link Gestión. “This fact could generate some volatility in the markets, since many of these statistics, especially employment statistics, will be distorted by the specific impact that the closure of the federal government has had on them.”
As for the market’s own names, investors will have to keep an eye on NVIDIA, after SoftBank has announced the sale of its entire stake in the chip maker for $5.83 billion. The Japanese firm has reported in its results release that it sold 32.1 million Nvidia shares in October. “We want to offer numerous investment opportunities to investors, while maintaining our financial strength,” said SoftBank CFO Yoshimitsu Goto during an investor presentation.
“In our view, this should not be interpreted as a cautious or negative stance towards NVIDIA, but rather in the context that SoftBank needs at least $30.5 billion of capital for investments in the October-December quarter, including $22.5 billion for OpenAI and $6.5 billion for Ampere,” Rolf Bulk, equity research analyst at New Street Research, said in a statement to the CNBC.
NVIDIA shares fell 1.79% in the pre-opening after this divestment, after rising 5.8% yesterday, representing no less than a quarter of the rise of the S&P 500.
Meta (Facebook) shares also move negatively after the news that Yann LeCun, the company’s chief artificial intelligence scientist, plans to leave the social media giant to found his own startup. LeCun, a Turing Award winner, is widely recognized as one of the pioneers of modern AI.
Paramount Skydance rises almost 5% after the company announced it plans to cut another $1 billion in costs, having initially announced a $2 billion plan upon completing its merger in August. Paramount has also announced a new round of layoffs and plans to raise prices for its main streaming service, Paramount+, in the first quarter of 2026.
Eyes are also on Advanced Micro Devices, which is holding an event with analysts in which they hope to learn details of the chip company’s plans.
Meanwhile, the results season begins to face its final stretch. To date, 446 S&P 500 companies have presented their accounts, with a average increase in earnings per share of 16.5%compared to the 8.5% expected before the publication of the first company, according to data collected by Bankinter analysts. The qualitative balance is as follows: 83% exceed expectations, 4% are in line and the remaining 13% disappoint. In the last quarter (2Q) earnings per share increased 13.3%, compared to the expected 5.8%.
Today CoreWeave shares fall 9.6% in pre-opening after the company put on the table a loss of 22 cents per share and revenue of $1.36 billion in its third quarter. Income exceeds the figure of 1,290 million that analysts had estimated, but the forecasts for the remainder of the year seem to weigh more on people’s minds.
CoreWeave now expects annual revenue to be between $5.05 billion and $5.15 billionbelow the 5.29 billion expected by analysts.
Rocket Lab shares soar 8% after the company announced a loss of 3 cents per share in the third quarter, narrower than the loss of 10 cents per share reported a year ago. Analysts had expected a loss of 10 cents per share. Rocket Lab’s quarterly revenue of $155 million also beat analyst expectations of $152 million.
In commodity markets, oil prices are attempting a timid rebound despite concerns about oversupply, as traders await key sector reports this week. US West Texas futures rose 0.63% to $60.53 per barrel, while international benchmark Brent crude rose 0.73% to $64.53.
Today Gold rises 0.53% to $4,139.02 per ounce in its spot variety. Wells Fargo analysts expect the yellow metal to rise next year to a range between $4,500 and $4,700 an ounce.
The euro advances 0.13% against the dollar until leaving the exchange rate at 1.1575 dollars for each community currency.