{"id":84453,"date":"2026-10-07T17:00:50","date_gmt":"2026-10-07T06:00:50","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=84453"},"modified":"2026-10-07T17:00:52","modified_gmt":"2026-10-07T06:00:52","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.icmarkets.com.au\/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&P 500 Hits Record High as Tech Stocks Rally"},"content":{"rendered":"\n

Global Markets:<\/strong><\/h3>\n\n\n\n

\u25cf         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

\u25cf        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

\u25cf        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

News & Data:<\/strong><\/h3>\n\n\n\n

\u25cf        (CAD)  Ivey PMI<\/p>\n\n\n\n

       58.2 to 65.2  expected<\/p>\n\n\n\n

Markets Update:<\/strong><\/h3>\n\n\n\n

U.S. equity futures were little changed Tuesday evening after the S&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

Dow Jones Industrial Average futures rose 37 points, or 0.07%, while S&P 500 futures gained 0.09% and Nasdaq-100 futures added 0.08%.<\/p>\n\n\n\n

The S&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

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

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

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

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

 Upcoming Events:<\/strong><\/p>\n\n\n\n

\u25cf       2:30 PM    GMT   –   USD  Crude Oil Inventories

<\/p>\n","protected":false},"excerpt":{"rendered":"

Global Markets: \u25cf         Asian Stock Markets : Nikkei […]<\/p>\n","protected":false},"author":8,"featured_media":79441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-84453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/84453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=84453"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/84453\/revisions"}],"predecessor-version":[{"id":84454,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/84453\/revisions\/84454"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79441"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=84453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=84453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=84453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}