U.S. stock futures are slightly higher ahead of the Wall Street open as investors pushed aside the implications of the U.S. government shutdown.

The S&P 500 (SPX), Nasdaq-100 (NDX) and Dow Index ($DJI) all settled at record high closes despite the shutdown.

There are no votes planned for today with the Senate set to be out of session Thursday in observance of Yom Kippur, making Friday the next day Senators would be expected to vote again.

The shutdown will also impact economic data reports with no Jobless Claims or Factory Orders reported today along with no September payrolls report tomorrow morning.

Snapshot (as of 7 AM ET)

• Oil (/CL) – Oil prices are down 0.6% near $61.50 a barrel – 4-month lows and down for a third straight day as the U.S. government shutdown fed worries about the global economy, while traders expected more oil supply to come on the market with a planned output boost by OPEC+ next month.
• Gold (/GC) – Gold prices are up 0.3% near $3910, near yesterday’s all-time high and just shy of $4,000 per ounce, as the U.S. government entered its first shutdown in almost seven years after lawmakers failed to reach a deal on government funding.
• Bitcoin (/BTC) – The Crypto Future is up over 1% near 119,700 in premarket trading.
• VIX – The CBOE Volatility Index was flat on Wednesday and settled at 16.29 as stocks were modestly higher.
• U.S. Dollar (/DX) – The dollar is down 0.1% to 97.3.

Biggest Premarket Movers (Mark % Change as of 7 AM ET)

1. Fair Isaac (FICO): +19.32%
2. Western Digital (WDC): +3.76%
3. AMD (AMD): +3.40%

1. Equifax (EFX): -12.15%
2. Edison (EIX): -1.30%
3. Mondelez (MDLZ): -0.90%

Economic Data

• 7:30AM ET: Challenger Job Cuts
• 9:00AM ET: Tesla Deliveries
• 10:30AM ET: Natural Gas Inventories
• Delayed Reports: Jobless Claims, Factory Orders

Notable Earnings

• Premarket: None
• Postmarket: None
• Premarket Tomorrow: None
• Postmarket Tomorrow: None

Upgrades/Downgrades

• Keybanc upgrades Nike (NKE) to Overweight from Sector Weight
• HSBC upgrades Novo Nordisk (NVO) to Buy from Hold
• RBC Capital upgrades Crown Castle (CCI) to Outperform from Sector Perform
• William Blair downgrades RH (RH) to Market Perform from Outperform
• Canaccord downgrades Lithium Americas (LAC) to Sell from Speculative Buy
• Berenberg downgrades Mondelez (MDLZ) to Hold from Buy

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.