Stock Market Update: Dow Jones and Nasdaq Futures Decline as Trade Deficit Data Delay Occurs During Shutdown—Trilogy Metals, AMD, and Applovin Under Scrutiny

U.S. Stock Market Update: U.S. stock futures declined following a mixed performance on Monday, with major indices showing lower futures. The SPDR S&P 500 ETF Trust and Invesco QQQ Trust ETF had mixed premarket results, while sectors like utilities and consumer discretionary saw gains, contrasting with declines in consumer staples and real estate.

Economic Indicators and Federal Reserve Outlook: The U.S. trade deficit data release is delayed due to the government shutdown, which is now in its seventh day. The Federal Reserve is expected to cut interest rates in its upcoming meeting, with a 92.5% likelihood projected by market tools.

Corporate Earnings Forecast: Analysts predict a strong earnings season for Q3 2025, with low-teens growth rates for the S&P 500, attributed to a resilient economy, AI investments, and minimal impacts from tariffs. LPL Financial anticipates a 5% earnings beat above current estimates.

Global Market Movements: Asian markets closed higher, except for Hong Kong and Australia, while European markets showed mixed results. Crude oil and gold prices experienced slight declines, and Bitcoin saw a minor increase in value.