Overview
On October 6, 2025, the U.S. stock market ended on a high note, driven by a substantial agreement between AMD and OpenAI that sparked a rally in semiconductor stocks. The S&P 500 logged its longest winning streak since May, while the Nasdaq achieved a new all-time high. The momentum remains strong as the market heads into the third quarter's earnings season.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
A Major News Story
AMD's stock soared nearly 24% after announcing a contract to supply AI chips to OpenAI, with an option for OpenAI to acquire up to 10% of AMD's chips. This news boosted investor confidence, while rival NVIDIA faced declines. In other stocks, Comerica surged 14% on news of its acquisition by Fifth Third Bancorp for $1.9 billion, and Tesla rose 5.5% following hints at new product announcements. Meanwhile, Palantir plummeted 14%, marking its steepest drop since April, after reports of an SEC investigation into its data practices.
Tomorrow's Economic Indicators
| Announcement Time | Details |
|---|---|
| 10:30 PM | U.S. August Trade Balance |
| 10:55 PM | U.S. Johnson Redbook Sales Index |
| 11:00 PM | U.S. 3-Year Treasury Auction |
| 11:00 PM | U.S. August Consumer Credit |
| 11:00 PM | Speech by Federal Reserve's Bostic |
| 11:30 PM | Speech by Federal Reserve's Bowman |
| 11:30 PM | Speech by Federal Reserve's Michele |
| 11:55 PM | Speech by Federal Reserve's Kashkari |
General Opinion
Investors remain optimistic despite the ongoing U.S. government shutdown, with AI-related stocks continuing to attract positive attention. Experts suggest that the current strong market momentum could be sustained by forthcoming earnings reports.
