UPDATE: Advanced Micro Devices (AMD) has surged 25% in premarket trading following the announcement of a monumental deal with OpenAI, the parent company of ChatGPT. This partnership will see OpenAI invest billions in AMD’s computing products, potentially acquiring up to a 10% stake in the company, marking a significant escalation in OpenAI’s collaborations with hardware manufacturers.
As of 7:11 a.m. ET on October 6, 2025, U.S. stock futures indicate a positive open despite the ongoing government shutdown, which has entered its first full week. The Nasdaq is projected to rise by 0.64% and the Russell 2000 by 0.57%.
In addition to AMD’s explosive growth, Japan’s Nikkei 225 has reached record heights, climbing nearly 5% after the ruling Liberal Democratic Party appointed ultra-conservative lawmaker Sanae Takaichi as its leader. Takaichi’s expected market-friendly policies have boosted investor confidence, causing the Yen to appreciate above 150 against the U.S. dollar.
The market is also closely watching the earnings report from Constellation Brands (STZ), scheduled for release after the market closes today. With its stock plummeting 41.5% over the past year, investors are eager for signs of recovery in the sluggish alcohol market.
Additionally, gold has recorded significant gains, climbing to $3,962.70 per ounce, inching closer to the critical $4,000 milestone, while WTI crude oil is trading at $61.68, reflecting a 1.3% increase.
While there are no major economic data releases today, the impact of the government shutdown continues to loom over the markets, creating uncertainty for investors as they navigate the week ahead.
What to Watch: Investors should keep a close eye on AMD’s performance as the market opens, as well as the results from Constellation Brands’ earnings report later in the day. The developments in Japan’s market policies could also prove influential in shaping global investor sentiment.
This dynamic landscape highlights the urgent need for investors to stay informed and ready to act as key market shifts unfold.
