FX.co ★ US Stock Futures Rise

On Wednesday, US stock futures experienced an uptick, with S&P 500 contracts advancing by 0.4%, and Dow Jones futures increasing by approximately 80 points following the blue-chip index's previous record high closure. Nasdaq 100 futures also rose by 0.7%. The positive sentiment in the market was bolstered by optimism surrounding a potential resolution to the government shutdown, as House members convene in Washington today to vote on an agreement aimed at restoring funding to federal agencies, addressing the shutdown that commenced on October 1st. Investors also concentrated on a new wave of corporate earnings reports, while notable megacap stocks showed premarket gains. This included Nvidia with an increase of 1.5%, Microsoft at 0.4%, Apple at 0.5%, Amazon at 0.4%, Meta at 0.4%, Alphabet at 1%, Tesla at 0.4%, and Broadcom at 1.3%. Additionally, AMD saw a significant rise of 5% following projections of accelerated sales growth.