Stock Market Today: S&P 500, Dow, Nasdaq Futures Decline Following Government Shutdown—Nike, Ryvyl, Conagra Brands In Focus Rishabh Mishra Markets

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

U.S. stock futures tumbled on Wednesday following Tuesday’s advances. Futures of major benchmark indices were lower.

Based on the latest ADP National Employment Report, the U.S. private sector saw a loss of 32,000 jobs in September 2025, signaling caution among employers despite recent economic growth.

This decline was driven by small and medium-sized businesses, which shed 40,000 and 20,000 jobs respectively, while large establishments added 33,000 positions. The service-providing sector accounted for the bulk of the losses with a decrease of 28,000 jobs. Meanwhile, annual pay for those remaining in their jobs grew by a steady 4.5%.

The indices dropped as the U.S. federal government officially entered a shutdown at 12:01 a.m. on Wednesday, Oct. 1, after Congress failed to reach an agreement on a spending plan.

However, historical data suggests that these events are often short-lived and have a limited long-term impact on equities.

Meanwhile, the 10-year Treasury bond yielded 4.15% and the two-year bond was at 3.60%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.6% likelihood of the Federal Reserve cutting the current interest rates in its October meeting.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, fell in premarket on Wednesday. The SPY was down 0.40% at $663.50, while the QQQ declined 0.45% to $597.69, according to Benzinga Pro data.

Cues From Last Session

Most sectors on the S&P 500 closed on a positive note, with information technology, health care, and industrials stocks recording the biggest gains on Tuesday. However, energy and consumer discretionary stocks bucked the overall market trend, closing the session lower. U.S. stocks still settled higher as the Dow Jones surged to a new closing high.

The government shutdown comes after major indices recorded gains last month; the S&P 500 gained more than 3% in September, the Dow added almost 2%, and the Nasdaq jumped 5.6% during the month.

On the economic front, U.S. job openings rose by 19,000 to 7.227 million in August from a revised 7.208 million. The Chicago Business Barometer declined to 40.6 in September from 41.5 in the previous month, compared to market expectations of 43. The S&P CoreLogic Case-Shiller Home Price Index increased 1.8% year-over-year in July.

The …

Full story available on Benzinga.com

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

U.S. stock futures tumbled on Wednesday following Tuesday’s advances. Futures of major benchmark indices were lower.

Based on the latest ADP National Employment Report, the U.S. private sector saw a loss of 32,000 jobs in September 2025, signaling caution among employers despite recent economic growth.

This decline was driven by small and medium-sized businesses, which shed 40,000 and 20,000 jobs respectively, while large establishments added 33,000 positions. The service-providing sector accounted for the bulk of the losses with a decrease of 28,000 jobs. Meanwhile, annual pay for those remaining in their jobs grew by a steady 4.5%.

The indices dropped as the U.S. federal government officially entered a shutdown at 12:01 a.m. on Wednesday, Oct. 1, after Congress failed to reach an agreement on a spending plan.

However, historical data suggests that these events are often short-lived and have a limited long-term impact on equities.

Meanwhile, the 10-year Treasury bond yielded 4.15% and the two-year bond was at 3.60%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.6% likelihood of the Federal Reserve cutting the current interest rates in its October meeting.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, fell in premarket on Wednesday. The SPY was down 0.40% at $663.50, while the QQQ declined 0.45% to $597.69, according to Benzinga Pro data.

Cues From Last Session

Most sectors on the S&P 500 closed on a positive note, with information technology, health care, and industrials stocks recording the biggest gains on Tuesday. However, energy and consumer discretionary stocks bucked the overall market trend, closing the session lower. U.S. stocks still settled higher as the Dow Jones surged to a new closing high.

The government shutdown comes after major indices recorded gains last month; the S&P 500 gained more than 3% in September, the Dow added almost 2%, and the Nasdaq jumped 5.6% during the month.

On the economic front, U.S. job openings rose by 19,000 to 7.227 million in August from a revised 7.208 million. The Chicago Business Barometer declined to 40.6 in September from 41.5 in the previous month, compared to market expectations of 43. The S&P CoreLogic Case-Shiller Home Price Index increased 1.8% year-over-year in July.

The …

Full story available on Benzinga.com

 Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.
U.S. stock futures tumbled on Wednesday following Tuesday’s advances. Futures of major benchmark indices were lower.
Based on the latest ADP National Employment Report, the U.S. private sector saw a loss of 32,000 jobs in September 2025, signaling caution among employers despite recent economic growth.
This decline was driven by small and medium-sized businesses, which shed 40,000 and 20,000 jobs respectively, while large establishments added 33,000 positions. The service-providing sector accounted for the bulk of the losses with a decrease of 28,000 jobs. Meanwhile, annual pay for those remaining in their jobs grew by a steady 4.5%.
The indices dropped as the U.S. federal government officially entered a shutdown at 12:01 a.m. on Wednesday, Oct. 1, after Congress failed to reach an agreement on a spending plan.
However, historical data suggests that these events are often short-lived and have a limited long-term impact on equities.
Meanwhile, the 10-year Treasury bond yielded 4.15% and the two-year bond was at 3.60%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.6% likelihood of the Federal Reserve cutting the current interest rates in its October meeting.

Futures
Change (+/-)

Dow Jones
-0.56%

S&P 500
-0.65%

Nasdaq 100
-0.73%

Russell 2000
-0.70%

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, fell in premarket on Wednesday. The SPY was down 0.40% at $663.50, while the QQQ declined 0.45% to $597.69, according to Benzinga Pro data.

Cues From Last Session
Most sectors on the S&P 500 closed on a positive note, with information technology, health care, and industrials stocks recording the biggest gains on Tuesday. However, energy and consumer discretionary stocks bucked the overall market trend, closing the session lower. U.S. stocks still settled higher as the Dow Jones surged to a new closing high.
The government shutdown comes after major indices recorded gains last month; the S&P 500 gained more than 3% in September, the Dow added almost 2%, and the Nasdaq jumped 5.6% during the month.
On the economic front, U.S. job openings rose by 19,000 to 7.227 million in August from a revised 7.208 million. The Chicago Business Barometer declined to 40.6 in September from 41.5 in the previous month, compared to market expectations of 43. The S&P CoreLogic Case-Shiller Home Price Index increased 1.8% year-over-year in July.
The …Full story available on Benzinga.com   Read MoreAIIO, ASTS, AYI, CAG, Earnings, Equities, IROHW, Market Summary, MASK, NKE, QQQ, RPM, RVYL, SPY, Guidance, Futures, Treasuries, Top Stories, Economics, Federal Reserve, Pre-Market Outlook, Markets, Trading Ideas, SPY, US78462F1030, AYI, US00508Y1029, CAG, US2058871029, NKE, US6541061031, RPM, US7496851038, QQQ, US73935A1043, ASTS, RVYL, IROHW, MASK, AIIO, Earnings, Equities, Market Summary, Guidance, Futures, Treasuries, Top Stories, Economics, Federal Reserve, Pre-Market Outlook, Markets, Trading Ideas, Benzinga Markets