{"id":90757,"date":"2026-10-07T18:52:42","date_gmt":"2026-10-07T07:52:42","guid":{"rendered":"https:\/\/www.ic.com\/blog\/?p=90757"},"modified":"2026-10-07T18:52:43","modified_gmt":"2026-10-07T07:52:43","slug":"wednesday-7th-oct-2026-u-s-stock-futures-steady-after-sp-500-hits-record-high-as-tech-stocks-rally","status":"publish","type":"post","link":"https:\/\/www.ic.com\/blog\/wednesday-7th-oct-2026-u-s-stock-futures-steady-after-sp-500-hits-record-high-as-tech-stocks-rally\/","title":{"rendered":"Wednesday 7th Oct 2026: U.S. Stock Futures Steady After S&amp;P 500 Hits Record High as Tech Stocks Rally"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Global Markets:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Asian Stock Markets : Nikkei down 0.55%, Shanghai Composite up 0.31% Hang Seng down 0.55% ASX down 0.08%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Commodities : Gold at $4,170.37 (-0.40%) Silver at $61.182 (-0.65%), Brent Oil at 101.58 (0.99%), WTI Oil at 90.21 (0.86%)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Rates : US 10-year yield at 5.304, UK 10-year yield at 5.3796, Germany 10-year yield at 3.4808<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>News &amp; Data:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; (CAD)&nbsp; Ivey PMI<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58.2 to 65.2&nbsp; expected<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Markets Update:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">U.S. equity futures were little changed Tuesday evening after the S&amp;P 500 reached a fresh intraday record and posted an all-time closing high, supported by a rally in technology stocks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dow Jones Industrial Average futures rose 37 points, or 0.07%, while S&amp;P 500 futures gained 0.09% and Nasdaq-100 futures added 0.08%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The S&amp;P 500 advanced 0.58% during Tuesday\u2019s session, marking its fourth consecutive gain and closing above 7,800 for the first time. The Dow rose 0.49%, while the Nasdaq Composite climbed 0.45%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chip stocks led the gains. Marvell Technology jumped 5.8% after raising its revenue guidance, while Advanced Micro Devices gained 2.8% after Citi increased its price target, pointing to stronger demand for CPUs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Asian markets were mostly lower. Japan\u2019s Nikkei 225 was flat, while South Korea\u2019s Kospi fell 0.57% and Hong Kong\u2019s Hang Seng Index declined 0.65%. China\u2019s mainland markets remained closed for the Golden Week holiday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Treasury yields eased after a recent surge. The 10-year yield stood at 5.286%, after reaching its highest level since April 2002 on Monday. The 30-year yield was 5.661%, while the two-year yield slipped to 4.798%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors are now focused on minutes from the Federal Reserve\u2019s September meeting, due Wednesday, for clues about the central bank\u2019s outlook on monetary policy and the economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<strong>Upcoming Events:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf \u00a0 \u00a0 \u00a0 2:30 PM\u00a0 \u00a0 GMT \u00a0 &#8211; \u00a0 USD\u00a0 Crude Oil Inventories<br \/><br \/><strong>Risk Warning:<\/strong>&nbsp;Trading in securities involves significant risk. Prices may fluctuate and securities can become entirely valueless. You may incur losses that exceed your potential profits, and in some cases, losses may exceed the amount you have deposited. Securities, futures, options, and contracts for differences are complex financial instruments and are not suitable for all investors. Engaging in such transactions requires a sound understanding of the associated risks. Please read and ensure you fully understand our&nbsp;<a href=\"https:\/\/cdn.ic.com\/uploads\/FSA\/Risk_Disclosure_Notice_FSA.pdf\" target=\"_blank\" rel=\"noopener\">Risk Disclosure<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our leverage is dynamic and may change at any time. Such changes may affect your positions and margin requirements. You are responsible for monitoring your positions and maintaining sufficient margin at all times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: \u25cf&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Asian Stock Markets : Nikkei [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":84958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-90757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/90757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/comments?post=90757"}],"version-history":[{"count":1,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/90757\/revisions"}],"predecessor-version":[{"id":90758,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/90757\/revisions\/90758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media\/84958"}],"wp:attachment":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media?parent=90757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/categories?post=90757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/tags?post=90757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}