According to BlockBeats news, on October 5, the important news in the U.S. stock market before the market opens on Monday is as follows:
· The market continues to digest last Friday’s weaker-than-expected non-farm payrolls data for September, with focus turning to this week’s FOMC meeting minutes and subsequent inflation data.
· Cleveland Fed President Hammack said the employment data was in line with recent trends and the Fed still has time before deciding its next move.
· Miran, chairman of the White House Council of Economic Advisers, questioned the rationale for raising interest rates in September and suggested no action should be taken in October.
· Trump announced the establishment of a "Superintelligence Task Force" to coordinate the U.S. federal government's work in the field of superintelligence.
· The 10-year U.S. Treasury yield remained at 5.277% and the 30-year Treasury yield was at 5.63%, still at multi-year highs. Traders are paying close attention to this week's FOMC meeting minutes and long-term bond auctions.
· Tesla rose slightly before the market opened. Musk confirmed that he was negotiating with TSMC about Terafab chip manufacturing cooperation, saying that "it is just a discussion, but there may be results."
· Intel fell more than 4% before the market opened, falling in sync with Micron Technology and AMD, while Nvidia rose more than 0.5% before the market opened, after hitting a record high in intraday trading last Friday.
· Morgan Stanley reiterated its “overweight” rating on SpaceX with a price target of $300, believing its valuation, adjusted for growth, is about 40% lower than its mega-cap AI peers.
· Strategy purchased 334 BTC last week at an average price of US$85,839, increasing its total holdings to 848,000, and repurchased US$176 million of STRC.
· Bitmine increased its holdings of 15,112 ETH last week and now holds 6,016,414 ETH, accounting for 4.9% of the total ETH supply.
· Brent crude oil rose by about 0.3% to US$102.67/barrel, and WTI crude oil fell by about 0.6% to US$88.92/barrel. Oil price trends were divergent.
· Spot gold rose about 0.37% to near $4,154 per ounce, and spot silver rose nearly 2%.