The market overview in the morning, put together by Dow Jones Newswires.
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+++++ holiday notice +++++
Friday: In Seoul, the stock exchange trade is suspended because of the “Founding Day of the Nation”. The stock exchange in Shanghai remains closed because of the national holiday.
Monday: In Seoul, the stock exchange remains closed because of the holiday “Chuseok (Thanksgiving)”. There is no trade in Shanghai because of the “moon festival”.
+++++ Daily topic +++++
The E-Auto startup Rivian has narrowed its sales target for this year. For 2025, the company, which is working with Volkswagen, is now selling 41,500 to 43,500 vehicles in view of 40,000 to 46,000 units so far. In the third quarter, only 10,720 vehicles were produced in the US state of Illinois after 13,157 electric cars a year ago. The deliveries, on the other hand, increased to 13.201 of 10,018 vehicles.
Rivian Automotive currently has two models, a pickup and an SUV. Rivian recently laid the foundation for a new work in the US state of Georgia. The assembly plant about 72 kilometers east of Atlanta will be the second of the electric car maker and is scheduled to take out production in 2028.
+++++ Outlook economy +++++
-IT
09:45 Shopping manager index/PMI non-processing september
Forecast: 51.5
Before: 51.5
-Fr
09:50 Purchase manager index/PMI non-processing business
(2nd publication) September
Forecast: 48.9
1. Published: 48.9
Before: 49.8
Shopping manager index Total (2nd publication)
Forecast: 48.4
1. Published: 48.4
Before: 49.8
-DE
09:55 Shopping manager index/PMI non-processing business
(2nd publication) September
Forecast: 52.5
1. Published: 52.5
Before: 49.3
Shopping manager index Total (2nd publication)
Forecast: 52.4
1. Published: 52.4
Before: 50.5
-Eu
10:00 Purchase Manager index/PMI non-processing business Euro zone
(2nd publication) September
Forecast: 51.4
1. Published: 51.4
Before: 50.5
Shopping manager index Total (2nd publication)
Forecast: 51.2
1. Published: 51.2
Before: 51.0
11:00 EU/producer prices August
Euro zone
Forecast: -0.1% GG VM/-0.4% GG VJ
Before: +0.4% GG VM/ +0.2% GG VJ
-Gb
10:30:30 Purchase Manager index/PMI non-processing business
(2nd publication) September
Forecast: 51.9
1. Published: 51.9
Before: 54.2
-Us
16:00 ISM index non-processing september
Forecast: 52.0 points
Before: 52.0 points
15:45 Shopping manager index/PMI Service (2nd publication) September
Forecast: 54.0
1. Published: 53.9
Before: 54.5
If there is no longer any because of the shutdown:
2:30 p.m. US/labor market data September
Employment ex agrar
Forecast: +51,000 GG VM
Before: +22,000 GG VM
Unemployment rate
Forecast: 4.3%
before: 4.3%
Average hourly wages
Forecast: +0.3% GG VM/ +3.7% GG VJ
Before: +0.3% GG VM/ +3.7% GG VJ
+++++ Overview Futures / indices +++++
Current:
Index last +/- %
DAX futures 24,641.00 +0.2%
E-Mini-Future S & P-500 6,780.50 +0.2%
E-Mini-Future Nasdaq-100 25.171.25 +0.2%
Nikkei-225 (Tokyo) 45,687.94 +1.7%
Hang -Seng (Hongk.) 27.030.70 -0.9%
Shanghai-Comp. Holiday
Thursday:
DAX 24,422.56 +1.3%
DAX-Future 24,601.00 +1.3%
XDax 24,474.16 +0.2%
MDax 30,733.46 +0.9%
TECDAX 3,727.94 +1.5%
SDAX 17,270.16 +1.5%
Euro-stoxx-50 5,645.81 +1.2%
Stoxx-50 4,735.71 +0.6%
Dow-Jones 46,519.72 +0.2%
S & P-500 6,715.35 +0.1%
Nasdaq Composite 22,844.05 +0.4%
+++++ Financial markets +++++
EUROPE
Outlook: The European stock markets are expected in plus at the start of trade on Friday. The direction specifies the Wall Street, where the indices were listed on new record highs. While business is closed in Germany on the “Day of German Unity”, the stock exchange is traded. In the morning, the Dax is seen at 24,513 points with a plus of 90 points compared to the previous day. This makes the all -time high with 24,639 points within reach.
Review: Feast-The shutdown in the USA was classified as a “political spectacle with a limited market effect”, in the USA the day before the NASDAQ-100 index and the S&P 500 still marked new record highs. Drivers were reinforced interest reduction expectations and imagination about the business opportunities of AI, which is why there were also the greatest growth in the technology sector. The euro stoxx-50 was noted at an all-time high, supported by, among other things, fixed technology values (+2.3%) and also rapidly rising courses in the car sector (+2.4%). In the chip sector, a first agreement between Samsung Electronics and Openai inspired the establishment of an AI infrastructure. This raised hopes that Samsung would have to buy more systems for chip production. ASML rose by 4.3 percent and ASM internationally by 6.6 percent. Infineon was 2.0 percent up on the German stock market, for Aixtron by 3.4 and for Suss Microtec by 7.3 percent. Against the background of further discussions by heads of state and government, armaments shares on security cooperations after recent incidents with drones were again. Thales increased by 3.4 percent, Renk Group by 4.9 percent, Hensoldt by 5.7 percent, saffron by 1.7 percent, Leonardo by 3.1 percent and Rheinmetall by 1.8 percent.
DAX/MDAX/SDAX/TECDAX
Fixed – the Dax still lacks almost 200 points for the all -time high. Siemens Energy increased by a further 4.1 percent after the already strong price increase the day before. Here, the speculation about the high energy requirements of data centers should be at least one driver. For Siemens it was 4.2 percent up. Here reports drove that the company will soon separate from another part of its participation in the daughter of Healthineers (+1.3%). BASF won 2.0 percent. The chemical giant will possibly start the shares in the total volume of 4 billion euros between 2027 and 2028, depending on a strategic decision in the coating business with varnishes and surface technology, which could come in the current quarter. As “in Line”, the so-called Pre-Close-Call from Continental was classified in the trade the day before. According to Citigroup, the most important message is that the annual goals have been confirmed. Continental won 1.3 percent.
Xetra after exchange
According to a retailer from Lang & Schwarz, the aftercare trade was quite lively on Thursday. The investors had bought “crossbet”, also due to the positive tendency on Wall Street. However, there were no important company reports.
USA – stocks
A little firmer – the record hunt on Wall Street continued on Thursday. Dow Jones, S&P-500 and the Nasdaq Composite marked new record highs with the final stands. The market was powered by the interest-cut hopes after the surprisingly weak ADP labor market report the day before. The shutdown is only considered temporary, but so far there is no approach between Republicans and Democrats. The imagination of the business potential of artificial intelligence (AI) continued to act as the driver of the market. This was always ensured by new business qualifications in the Ki-Cloud area, and Google and Apple had presented new smart home devices, it said. Apple won 0.7 percent, alphabet increased by 0.3 percent. The share of the AI flagship Nvidia, which was already on a record high, rose by 1.1 percent. Tesla fell by 5.1 percent, although global deliveries have recovered significantly in the third quarter. This is partly reflected in the demand for the demand, which is related to the expires of the tax incentives for electric vehicles, according to the analysts from Benchmark. Occidental Petroleum lost 7.3 percent. The oil and gas company sells its chemical division Oxychem for $ 9.7 billion to Warren Buffett’s Berkshire Hathaway (-0.2%).
USA – bonds
The search of investors for security continued to take place on the bond market. For the return of ten -year papers, 2.0 basis points went down to 4.08 percent.
(More to follow) Dow Jones Newswires
October 03, 2025 01:33 ET (05:33 GMT)