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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>By Mike DolanTue, October 7, 2025 at 12:48 PM GMT+2 5 min readBy Mike DolanLONDON (Reuters) -What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Finance and MarketsWorld stock markets cooled a touch on Tuesday after another AI-spurred start to the week, with Washington's shutdown putting the spotlight Federal Reserve speakers rather than data and overseas attention on Japan's new prime minister and the absence of one in France.AI-fueled risk appetite helped gloss over the messy political pictures to send Wall Street and world stock to new record closes on Monday - with MSCI's all-country index now up almost 19% for the year. Chip stocks roared after AMD's blockbuster supply pact with OpenAI, allowing the ChatGPT creator to buy a stake of up to 10% in the chipmaker and sending AMD's stock up 24%.With dealmaking gathering pace in financial and commodities sectors too, the frenetic activity is encouraging speculation about another leg higher in the stock market. Regional bank Comerica gained 13.7% on Monday after Fifth Third said it will buy the company in an all-stock deal valued at $10.9 billion and the Trump administration also announced a stake in Canada's Trilogy Metals as part of a mining development push in Alaska - doubling Trilogy's U.S. listed shares overnight.In macro markets, the dollar firmed against the euro and yen as Japan's leadership change cuts bets on a Bank of Japan rate hike this month and the French political impasse weighed further on French stocks and the single currency. Wall Street's attention switches to appearances later in the day from new Fed board member and former White House adviser Stephen Miran and an auction of 3-year Treasuries - with stock futures and Treasury yields steady to firmer.* The shock resignation of Prime Minister Sebastien Lecornuon Monday hit French stocks and bonds and the euro on Monday butdomestic markets stabilised somewhat on Tuesday as Lecornu wasgiven two days of talks to end the crisis. Investors areweighing whether President Emmanuel Macron risks dissolving theNational Assembly, but market reactions remain relatively mutedas it all plays out in a more bullish global environment. * Sanae Takaichi's weekend victory to lead the ruling LDP- putting a fiscal dove on course to become Japan's first womanprime minister - kept the yen on the back foot near August 1'speak of 150.91 per dollar as long-dated government bond yieldsthere continued to climb. A relatively smooth 30-year auctioneased some angst, but did not cap the yield rise as expectationsof bigger fiscal outlays and a slower BOJ hiking path steepenthe curve. * AMD surged nearly 24% after agreeing to supply AI chipsto OpenAI in a multi-year deal touted to generate tens ofbillions of dollars in annual revenue, with an option for OpenAIto take up to a roughly 10% stake - lifting the PhiladelphiaSemiconductor Index almost 3%. The AI buzz and hot inflationfears spilled over into broader risk assets as gold hit a recordnear $3,977, while crude held modest gains amid steadying OPEC+signals. Bitcoin pulled back a touch.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,787.75 -1.00 (-0.01%)Dow Futures46,981.00 +23.00 (+0.05%)Nasdaq Futures25,186.00 +1.25 (+0.00%)Russell 2000 Futures2,501.90 +0.90 (+0.04%)VIX16.51 +0.14 (+0.86%)Gold3,985.70 +9.40 (+0.24%)PortfolioSign in to access your portfolioSign inTop gainersORBS Eightco Holdings Inc. 11.07 +2.83 (+34.34%)AMD Advanced Micro Devices, Inc. 203.71 +39.04 (+23.71%)SANM Sanmina Corporation 140.00 +25.92 (+22.72%)MFH Mercurity Fintech Holding Inc. 35.79 +6.38 (+21.69%)AAOI Applied Optoelectronics, Inc. 33.79 +5.86 (+20.98%)Top losersAPP AppLovin Corporation 587.00 -95.76 (-14.03%)CVCO Cavco Industries, Inc. 498.60 -71.83 (-12.59%)QUBT Quantum Computing Inc. 22.16 -2.46 (-9.99%)SKY Champion Homes, Inc. 69.50 -6.85 (-8.97%)PSIX Power Solutions International, Inc. 84.58 -7.70 (-8.34%)Most activePLUG Plug Power Inc. 4.1300 +0.3299 (+8.68%)OPEN Opendoor Technologies Inc. 9.28 +1.17 (+14.43%)AMD Advanced Micro Devices, Inc. 203.71 +39.04 (+23.71%)NVDA NVIDIA Corporation 185.54 -2.08 (-1.11%)ACHR Archer Aviation Inc. 13.64 +2.07 (+17.89%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersAMD Advanced Micro Devices, Inc. 203.71 +39.04 (+23.71%)TMQ Trilogy Metals Inc. 2.0900 +0.0100 (+0.48%)APP AppLovin Corporation 587.00 -95.76 (-14.03%)SPRB Spruce Biosciences, Inc. 130.40 +121.58 (+1,378.46%)FIG Figma, Inc. 56.96 +3.92 (+7.39%)Top economic events