Overview

• U.S. indexes ticked up on Friday, with the S&P 500 and Nasdaq on track for weekly gains while the Dow lagged, as gold climbed back above $4,000 and the 10-year Treasury yield eased near 4.09–4.11%.
• The U.S. government shutdown reached day 10, delaying official data releases; the University of Michigan’s preliminary October sentiment held around 55 and reports indicate the CPI release could slip to later in October.
• AI-linked leadership persisted as Nvidia hovered near record highs and Applied Digital reported $64.2 million in quarterly revenue and a new 150MW lease with CoreWeave, sending its shares up roughly 25% premarket.
• Indian equities rose for a second session, with the Sensex closing at 82,500.82 and the Nifty at 25,285.35, led by banking and pharma gains alongside renewed foreign inflows as the rupee firmed slightly.
• Some strategists flagged overheating in parts of the AI trade even as easing-rate expectations—backed by Fed minutes pointing to two more quarter-point cuts this year—kept the broader risk tone constructive.