US PREMARKET ACTIONS: October 7, 2025

Futures Indices

Dow Futures: +0.09%
S&P 500 Futures: +0.07%
Nasdaq 100 Futures: +0.09%
US 10-year Yield: 4.17%

Market Environment

Wall Street is expected to open in positive territory this Tuesday, despite the ongoing US government shutdown, now in its 7th day. Futures are edging higher after a mixed Monday session that saw the Nasdaq and S&P 500 hit new records.

This performance was driven by Advanced Micro Devices (+23.71%) following the announcement of a massive chip supply deal with OpenAI.

"U.S. markets continue to be unfazed by matters in Europe or the ongoing shutdown... that was in part down to a huge surge for AMD," – Jim Reid, Deutsche Bank.

The market appears to be ignoring the institutional deadlock for now, but Kalshi now estimates the shutdown could last 18.5 days.

On the macroeconomic front, investors will be watching today for:

Speeches from several Fed members: Raphael Bostic, Michelle Bowman, and Stephen Miran.
August consumer credit data, expected to rise by $13.5 billion.

"If credit increases, is it because consumers are confident to spend or because they are shoring up weaker real incomes?" – Paul Donovan, UBS.

On commodity markets:

Gold falls by -0.44% to 3,945.17
Silver drops by -1.36% to 47.90
Oil rises by +0.13% to 61.77

Bond yields continue to rise:

2-year: 3.61% (+0.8 bps)
10-year: 4.17% (+1.8 bps)
30-year: 4.77% (+1.5 bps)

Stocks to Watch

Lexeo (LXEO) +30.91%
The stock surged after a favorable regulatory update regarding its Friedreich’s ataxia treatment.

Rekor Systems (REKR) +19.89%
Strong rebound after securing a statewide contract with the Georgia Department of Transportation.

Amkor Technology (AMKR) +12.82%
Continued gains after announcing a significant $7 billion investment in Arizona.

James Hardie (JHX) +9.56%
The group advanced after second-quarter results exceeded analysts’ expectations.

Capstone (CAPS) +9.24%
Rising after signing a letter of intent to acquire a stone distributor valued at $15 million.

Click Holdings (CLIK) -13.71%
The market punished the announcement of a 1-for-30 reverse stock split.

Bitcoin Depot (BTM) -12.30%
Sharp decline after launching an equity offering to raise $15 million.

Aehr Test Systems (AEHR) -19.97%
The company dropped following a postponement of its guidance due to tariff-related uncertainty.

Have a great session everyone
Sylvain Mouilhaud: Stock Coach