SPDR S&P 500 ETF Trust
Short

$SPY / $SPX Scenarios — Friday, Oct 3, 2025

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🔮 SPY / SPX Scenarios — Friday, Oct 3, 2025 🔮

🌍 Market-Moving Headlines
🚩 NFP risk — but delayed: September Employment Report, unemployment rate, and wages won’t publish if shutdown continues. Markets will run on positioning + PMIs instead.
📉 Labor vacuum: Absence of NFP could amplify volatility as traders trade on speculation.
💬 Fed-heavy Friday: A parade of Fed speakers guides tone into weekend positioning.

📊 Key Data & Events (ET)
⏰ 6:05 AM — John Williams (NY Fed) speech
⏰ 8:30 AM — Austan Goolsbee (Chicago Fed) TV appearance

🚩 At Risk of Delay (shutdown):
• 8:30 AM — Employment Report (Sep): Nonfarm Payrolls, Unemployment Rate, Avg. Hourly Earnings

✅ Still Publishing:
⏰ 9:45 AM — S&P Final Services PMI (Sep)
⏰ 10:00 AM — ISM Services (Sep)

🗣️ Fed Speakers:
• 9:30 AM — Stephen Miran (Fed Gov, TV)
• 1:30 PM — Lorie Logan (Dallas Fed)
• 1:40 PM — Philip Jefferson (Fed Vice Chair)
• 3:30 PM — Stephen Miran (Fed Gov, TV)

⚠️ Disclaimer: Educational/informational only — not financial advice.

📌 #trading #stockmarket #SPY #SPX #NFP #jobs #Fed #Powell #shutdown #ISM #PMI #bonds #Dollar #economy

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