The stock market experienced a robust rally, with the Nasdaq, S&P 500, and Dow Jones achieving new closing highs following a brief pullback. Investors are optimistic despite the looming federal government shutdown and are anticipating upward revisions in third-quarter earnings as the reporting season nears. Key events to watch include OpenAI’s developer conference, Taiwan Semiconductor’s September sales, and the upcoming Federal Reserve Minutes.
Several stocks are attracting attention as potential buys, notably Nvidia (NVDA), Coherent (COHR), and United Rentals (URI), all demonstrating bullish trends. Delta Air Lines is set to kick off the earnings calendar with its earnings report on Thursday.
Concerns remain over the government shutdown, impacting economic data releases. Meanwhile, OpenAI prepares for its DevDep Day, potentially revealing new AI innovations. As earnings season approaches, companies like Delta, Aehr Test Systems, and Levi Strauss are also in focus. For more insights, consider exploring premium stock analysis tools.
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