US Premarket Update Futures Mixed Amid Government Shutdown Concerns and Tech Rally

# US Premarket Update: Futures Mixed Amid Government Shutdown Concerns and Tech Rally

**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.

## Major News

Global markets experienced mixed sentiment as the U.S. government shutdown entered its second day, raising concerns about economic impacts. U.S. futures showed slight gains, with S&P 500 futures up 0.14%, while Dow futures dipped 0.03%. The Nasdaq futures gained 0.40%, buoyed by a rally in global chip stocks.

In Europe, indices reached record highs, with the Euro Stoxx 50 rising 0.81%, DAX up 0.65%, and CAC 40 increasing by 0.62%. The FTSE 100, however, fell slightly by 0.08%, reflecting a divergence in regional performance as investors anticipated potential Federal Reserve interest rate cuts following weak economic data.

In notable corporate news, Tesla reported a 7% increase in Q3 vehicle deliveries, driven by consumer rush before a federal tax credit expiration. Meanwhile, Berkshire Hathaway announced a $9.7 billion acquisition of Occidental’s OxyChem, marking Warren Buffett’s largest deal in three years.

On the commodities front, Ethiopia commenced construction of a $2.5 billion oil refinery, while the crypto market saw a slowdown in stockpiling as companies reassess their strategies post-summer. Overall, market

## Performances

### US Futures

US futures indicate opening sign for cash market.

### Major US Indices (Previous Close)

### FX Performance

### Commodities Performance

### BTC and ETH Performance

## High-Importance Economic Events

On October 2, 2025, several significant economic events are poised to impact currency markets.

At 02:30 ET, the Swiss CPI for September registered a decline of 0.2%, aligning with market expectations. This stability in inflation may lend support to the CHF, as it suggests no immediate inflationary pressures.

The Spanish unemployment change, reported at 03:00 ET, showed a surprising decrease of 4.8K in September, compared to a forecasted increase of 15.4K. This unexpected improvement may bolster the EUR, signaling a stronger labor market than anticipated.

At 05:00 ET, the Eurozone’s unemployment rate for August came in at 6.3%, slightly above the forecast of 6.2%. This could temper expectations for the EUR, as it indicates lingering labor market challenges.

Later, at 10:00 ET, U.S. factory orders are expected to show a 1.4% increase for August. A strong performance here could strengthen the USD if actual results meet or exceed expectations.

Additionally, ECB Vice President Luis de Guindos is scheduled to speak at 13:00 ET, which may provide insights into future monetary policy, further influencing the EUR.