US stock index futures rose slightly, and technology stocks pushed global stock indexes to new highs. Previously, OpenAI's share sale made it the most valuable startup in the world, which also boosted the market's optimism about artificial intelligence. At 7:32 New York time, S&P 500 futures rose 0.2%; Nasdaq 100 futures rose 0.5% and are expected to rise for the fifth day in a row; Dow futures were basically flat. The European Stoxx 600 Index rose 0.8%, with technology stocks leading gains of more than 2%. The Asian stock market was boosted by a rebound in chipmakers' stock prices, breaking through last month's closing record high. The MSCI Global Index also hit a new high. OpenAI's market capitalization soared to $500 billion, with current and former employees selling approximately $6.6 billion in shares. Amidst the favorable wave sweeping semiconductor and artificial intelligence companies, OpenAI, the parent company of ChatGPT, has also reached cooperation agreements with Korean companies. The artificial intelligence boom has driven global stock markets to new highs, interest rates have begun to fall again, and corporate profits are resilient, jointly boosting the bull market. Investors currently believe that the risk of a government shutdown for the first time in nearly seven years caused by Washington's political impasse is limited. “The tech sector is huge and performing strongly,” said Marija Veitmane, senior multi-asset strategist at State Street Global Markets. “The fundamental reason the market is willing to overvalue the technology sector is that we have yet to find high-quality growth opportunities outside of the technology sector.” The US Bureau of Labor Statistics's non-farm payroll data for Friday may be delayed, as is data on first-time jobless claims, which is usually released on Thursday. However, according to data from Challenger, Gray & Christmas, US employers cut their recruitment plans in September, even though the number of layoffs they announced was also reduced. The money market has almost completely absorbed the scenario where the Fed cuts interest rates by 25 basis points at the end of this month to support the labor market, and anticipates an 80% chance of cutting interest rates again in December.

Zhitongcaijing · 10/02/2025 12:33
US stock index futures rose slightly, and technology stocks pushed global stock indexes to new highs. Previously, OpenAI's share sale made it the most valuable startup in the world, which also boosted the market's optimism about artificial intelligence. At 7:32 New York time, S&P 500 futures rose 0.2%; Nasdaq 100 futures rose 0.5% and are expected to rise for the fifth day in a row; Dow futures were basically flat. The European Stoxx 600 Index rose 0.8%, with technology stocks leading gains of more than 2%. The Asian stock market was boosted by a rebound in chipmakers' stock prices, breaking through last month's closing record high. The MSCI Global Index also hit a new high. OpenAI's market capitalization soared to $500 billion, with current and former employees selling approximately $6.6 billion in shares. Amidst the favorable wave sweeping semiconductor and artificial intelligence companies, OpenAI, the parent company of ChatGPT, has also reached cooperation agreements with Korean companies. The artificial intelligence boom has driven global stock markets to new highs, interest rates have begun to fall again, and corporate profits are resilient, jointly boosting the bull market. Investors currently believe that the risk of a government shutdown for the first time in nearly seven years caused by Washington's political impasse is limited. “The tech sector is huge and performing strongly,” said Marija Veitmane, senior multi-asset strategist at State Street Global Markets. “The fundamental reason the market is willing to overvalue the technology sector is that we have yet to find high-quality growth opportunities outside of the technology sector.” The US Bureau of Labor Statistics's non-farm payroll data for Friday may be delayed, as is data on first-time jobless claims, which is usually released on Thursday. However, according to data from Challenger, Gray & Christmas, US employers cut their recruitment plans in September, even though the number of layoffs they announced was also reduced. The money market has almost completely absorbed the scenario where the Fed cuts interest rates by 25 basis points at the end of this month to support the labor market, and anticipates an 80% chance of cutting interest rates again in December.