U.S. stock futures rose on Friday morning as optimism related to the artificial intelligence (AI) wave and increasing hopes of interest rate cuts offset concerns about the ongoing government shutdown. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were up 0.13%, 0.13%, and 0.18%, respectively, at 8:28 a.m. EST on October 3.
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Forget margin or options. Here's how the pros trade QQQThe government shutdown, which entered its third day on Friday, has added to investors’ woes, given the ongoing macroeconomic and policy uncertainties, as well as the slowdown in the labor market.
Coming to trending stocks, Applied Materials (AMAT) stock was down 2.0% in Friday’s pre-market trading, as the semiconductor company cautioned about a $600 million hit to its Fiscal 2026 revenue from chip export restrictions. Meanwhile, Rumble (RUM) stock rallied 11% in pre-market trading after announcing a partnership with AI startup Perplexity.
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