- Morning Watchlist
- Posts
- Government Shutdown Worries, Housing Data
Government Shutdown Worries, Housing Data
Tom White
September 30, 2025
U.S. stock futures are slightly lower in premarket trading as the looming Government shutdown has traders nervous. Shutdowns aren’t historically market-moving events but with stocks at all-time highs and worries about inflation and weak jobs data, investors are showing concerns.
Investor focus will be on data today with Home prices, Job Openings and Consumer Confidence numbers due.
Morning Movers
Snapshot (as of 7 AM ET)
Oil (/CL) – Oil prices are down 1.8% near $62 a barrel as another anticipated production increase by OPEC+ and the resumption of oil exports from Iraq’s Kurdistan region via Turkey reinforced the outlook for a looming supply surplus.
Gold (/GC) – Gold prices are down 0.3% near $3843 after hitting a fresh record high overnight and are poised for their best month in 14 years, as fears of a potential U.S. government shutdown and growing expectations of further U.S. interest rate cuts boosted demand for the safe-haven metal.
Bitcoin (/BTC) – The Crypto Future is down over 1.2% near 113,900 in premarket trading.
VIX – The CBOE Volatility Index was up 5.5% on Monday and settled at 16.12 as stocks were modestly higher. Volatility is rising despite the equity market near all-time highs as the potential for a government shutdown looms.
U.S. Dollar (/DX) – The dollar is down 0.1% to 97.5.
Biggest Premarket Movers
Symbol | Product | Mark % Change (as of 7 AM ET) |
|---|---|---|
FCX | Freeport-McMoRan | +1.97% |
FIS | Fidelity | +1.28% |
TTD | The Trade Desk | +0.58% |
COO | Cooper Companies | -2.17% |
INTC | Intel | -1.62% |
COIN | Coinbase | -1.36% |
Economic Data
Time | Event |
|---|---|
6:00AM ET | Fed’s Jefferson Speaks |
9:00AM ET | Case-Shiller Home Price Index FHFA House Price Index Fed’s Collins Speaks |
9:45AM ET | Chicago PMI |
10:00AM ET | JOLTS Consumer Confidence |
1:30PM ET | Fed’s Goolsbee Speaks |
Notable Earnings
Premarket | Postmarket | Premarket Tomorrow | Postmarket Tomorrow |
|---|---|---|---|
LW, PAYX, UNFI | NKE | AYI, CAG | None |
Upgrades/Downgrades
Morgan Stanley upgrades Celsius (CELH) to Overweight from Equal Weight
BofA upgrades Freeport-McMoRan (FCX) to Buy from Neutral
UBS upgrades Fidelity (FIS) to Buy from Neutral
Goldman Sachs downgrades Spotify (SPOT) to Neutral from Buy
BTIG downgrades Instacart (CART) to Neutral from Buy
BofA downgrades Oklo (OKLO) to Neutral from Buy
Tune in live from 8 a.m. to 5 p.m. ET, or anytime, anywhere, on‑demand.
Or stream it via thinkorswim® and thinkorswim Mobile, available through our broker-dealer affiliate, Charles Schwab & Co., Inc
Please do not reply to this email. Replies are not delivered to Schwab Network. For inquiries or comments, please email [email protected].
See how your information is protected with our privacy statement.
This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any decisions.
Schwab Network is brought to you by Charles Schwab Media Productions Company (“CSMPC”). CSMPC is a subsidiary of The Charles Schwab Corporation and is not a financial advisor, registered investment advisor, broker-dealer, or futures commission merchant.
Charles Schwab Media Productions Company and all third parties mentioned are separate and unaffiliated, and are not responsible for one another's policies, services or opinions.
Data contained herein is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. All events and times listed are subject to change without notice.