5 Issues to Know Earlier than the Inventory Market Opens

Inventory futures are combined after main indexes hit report highs yesterday regardless of the beginning of a authorities shutdown; Tesla (TSLA) is anticipated to introduced that its deliveries rose forward of the top of presidency EV subsidies; Stellantis (STLA) shares are surging after the Jeep maker launched its quarterly gross sales figures; and ChatGPT-maker OpenAI is reportedly valued at $500 billion. Here is what it’s essential know immediately.

1. Inventory Futures Combined as Main Indexes Look to Add to Report Highs

Inventory futures are combined this morning after main indexes closed greater for the fourth straight day yesterday, as traders brushed apart issues concerning the potential affect of the federal authorities shutdown. Futures tied to the benchmark S&P 500 index, which hit a report excessive yesterday, have been up 0.2% not too long ago, whereas Dow Jones Industrial Common futures fell barely after the blue chip index closed at a report excessive for the second straight day. Futures linked to the tech-heavy Nasdaq have been up 0.6% this morning. Gold futures have been at $3,910 an oz., buying and selling close to an all-time excessive, whereas bitcoin rose to $118,700 and was buying and selling at its highest stage since mid-August. The yield on the 10-year Treasury observe, which impacts a spread of client loans, was little modified at 4.10%.

2. Shutdown Continues, Affecting Information Releases and Probably Resulting in Employee Layoffs

The Senate on Wednesday once more did not move proposals from Democrats and Republicans to maintain the federal government open. With the Senate not scheduled to be in session immediately, the federal authorities shutdown is anticipated to final at the very least till Friday, the following alternative for lawmakers to vote on laws to fund the federal government. Within the meantime, the shutdown will delay immediately’s launch of weekly preliminary jobless claims and have an effect on the supply of different financial knowledge, together with tomorrow’s extremely anticipated launch of the September jobs report. As many as 900,000 federal employees might be laid off, at the very least briefly, as a result of shutdown.

3. Tesla Anticipated to Report Robust Deliveries As Tax Credit Expire

Tesla (TSLA) is anticipated to report that its third-quarter deliveries elevated from the prior two quarters. Analysts tracked by Seen Alpha on common estimate that Tesla delivered 446,790 automobiles within the third quarter. That compares with deliveries of 384,122 within the earlier quarter however would nonetheless be about 4% under outcomes from a 12 months in the past. The third-quarter numbers possible acquired a lift from the Oct. 1 expiration of the federal government’s tax credit score, which provided a $7,500 low cost on electrical automobile purchases. Analysts have boosted their outlook for the corporate not too long ago, citing CEO Elon Musk’s renewed deal with the corporate, in addition to anticipated advances in self-driving expertise and AI providers. Tesla shares have been up about 2% in premarket buying and selling. Coming into immediately’s session, the inventory was up 14% in 2025, serving to make Musk the primary particular person value $500 billion.

4. Stellantis Shares Surge as Gross sales Rise

Shares of Stellantis (STLA) jumped 6% in premarket buying and selling after the automaker reported robust U.S. gross sales progress. Stellantis stated gross sales rose 6% within the third quarter in contrast with the year-ago interval, as gross sales in September surged 16%. “Fueled by gross sales progress throughout the Jeep, Ram, Chrysler and FIAT manufacturers, our U.S. gross sales noticed robust ends in the third quarter, together with the month of September, which was our highest month-to-month market share within the U.S. in 15 months,” stated Jeff Kommor, head of U.S. gross sales, in a launch. Stellantis reported a internet loss within the first half of the 12 months as tariffs weighed on the corporate’s efficiency.

5. OpenAI Achieves $500B Valuation to Overtake SpaceX, Report Says

ChatGPT maker OpenAI has accomplished a deal to assist its workers promote shares of the corporate, placing the general valuation of OpenAI at $500 billion, in keeping with a Bloomberg report. That may make it the world’s most beneficial startup, coming in above Musk’s SpaceX. Present and former OpenAI workers bought about $6.6 billion of inventory to traders that included Thrive Capital, SoftBank Group, Dragoneer Funding Group and T. Rowe Value, the report stated. Earlier this 12 months, OpenAI was valued at almost $300 billion.