Overview
- The S&P 500 and Nasdaq opened lower while the Dow hovered near flat as markets priced a high chance of a U.S. government shutdown starting Oct. 1.
- Attention centers on the August JOLTS openings and scheduled remarks from Federal Reserve officials after Vice Chair Philip Jefferson said policy depends on incoming data.
- U.S. Treasury yields edged lower, pulling Brazilian DI futures down as traders awaited the month‑end Ptax fix, the NTN‑B auction notice, and a revision to the Treasury’s Annual Financing Plan.
- China’s official manufacturing PMI registered 49.8 in September versus a 51.2 S&P Global reading, signaling continued factory contraction as regional bourses traded mixed into Golden Week closures.
- President Donald Trump renewed tariff threats on imported furniture and proposed a 100% levy on foreign films, reinforcing caution across European and U.S. markets.