Pre-Bell 
13-Oct-2025
Time: 2025-10-13 09:10 (ET)
Key Takeaway
• Futures rebound as U.S.–China tone cools; risk appetite peeks back in. [1]
• Gold extends its record run above $4,000 as haven demand persists. [2]
• Shutdown delays key government data; traders lean on private proxies and earnings. [3]
What Moved Overnight
• SPX futures firm about +1.3%; DXY hovers near 99.0. [4]
• Stocks trade today; U.S. bond markets are closed for Columbus Day. [5]
• Gold tops $4,070; silver nears $50 as metals bid stays hot. [6]
How the Prior Session Closed
• Friday slide: SPX −2.71% to 6,552; IXIC −3.56%; DJI −1.90%. [7]
• Tech led lower; chips and megacaps bore the brunt into the close. [8]
• Small caps lagged: VXF fell −3.12% on the day. [9]
• Top SPX Winner: PEP (PepsiCo) +3.71% (Consumer Staples) [10]
• Bottom SPX Loser: SNPS (Synopsys) −9.39% (Information Technology) [11]
TSP Fund Proxy 5-Day Stats close-to-close
• G → G Fund: 4.250% for Oct 2025 (update timing uncertain amid shutdown). [10]
• F → AGG: +0.25% [11]
• C → S&P 500: −2.43% [11]
• S → VXF: −3.41% [11]
• I → ACWX: −3.31% [11]
Today's 1st Hour of Trading, What to Watch For
• Does breadth snap back: up/down volume and early tick against Friday’s tech selloff. [12]
• Banks positioning ahead of Tuesday’s openers: watch pre-earnings tape and credit ETFs. [13]
• Liquidity quirks with bonds shut: price discovery leans on futures and LIT books. [14]
Upcoming Headlines (5-Day Window, ET)
• 10/14 TUE 07:00 — [Earnings] JPMorgan Q3 results; megabank read-throughs. [15]
• 10/15 WED 14:00 — [Fed] FOMC Minutes: tone check on cuts path. [16]
• 10/16 THU 13:00 — [Auction] 20-Year Treasury reopening: size and bid quality. [17]
• 10/17 FRI — [Options] Monthly OPEX: positioning and pin risk. [18]
Disclaimer: Any resemblance to actual outcomes is purely coincidental.
• Powered by AI-Intela: Sometimes thinking hard, sometimes hardly thinking.
▶ Citation Block
[1] 2025-10-13: Reuters: “Wall Street futures climb after Trump cools rhetoric on China”
[2] 2025-10-08: Reuters: “Gold shatters $4000 milestone, silver belts record high”
[3] 2025-10-10: Reuters: “BLS delays September CPI to Oct. 24 due to shutdown”
[4] n.d.: Investing.com: “S&P 500 Historical Data (includes premarket snapshot & DXY widget)”
[5] 2025-10-13: Barron’s: “Is the Stock Market Open Today? Columbus Day Hours”
[6] 2025-10-13: TradingEconomics: “Gold Hits All-Time High”
[7] 2025-10-10: AP via Yahoo: “How major U.S. stock indexes fared Friday”
[8] 2025-10-10: Reuters: “Wall Street slides; tech under pressure into close”
[9] n.d.: Investing.com: “VXF ETF Stock Price History”
[10] 2025-10-04 (updated 2025-10-12): TSPFolio: “TSP G Fund Interest Rate”
[11] n.d.: Investing.com: “S&P 500 & related market widgets (5-day calc references); plus AGG/VXF/ACWX historical pages”
[12] 2025-10-13: Reuters: “Futures rebound on softer trade tone”
[13] 2025-10-13: Nasdaq: “JPMorgan (JPM) — Earnings Date & Time”
[14] 2025-10-13: Investopedia: “Stocks climb before major bank earnings; bond market closed”
[15] 2025-10-13: Nasdaq: “JPMorgan (JPM) — Earnings Date & Time”
[16] n.d.: Federal Reserve: “FOMC Calendar (Minutes Release)”
[17] n.d.: TreasuryDirect: “Upcoming Treasury Auctions”
[18] 2025-01-01: Cboe: “2025 Options Expiration Calendar”
13-Oct-2025Time: 2025-10-13 09:10 (ET)
Key Takeaway• Futures rebound as U.S.–China tone cools; risk appetite peeks back in. [1]
• Gold extends its record run above $4,000 as haven demand persists. [2]
• Shutdown delays key government data; traders lean on private proxies and earnings. [3]
What Moved Overnight• SPX futures firm about +1.3%; DXY hovers near 99.0. [4]
• Stocks trade today; U.S. bond markets are closed for Columbus Day. [5]
• Gold tops $4,070; silver nears $50 as metals bid stays hot. [6]
How the Prior Session Closed• Friday slide: SPX −2.71% to 6,552; IXIC −3.56%; DJI −1.90%. [7]
• Tech led lower; chips and megacaps bore the brunt into the close. [8]
• Small caps lagged: VXF fell −3.12% on the day. [9]
• Top SPX Winner: PEP (PepsiCo) +3.71% (Consumer Staples) [10]
• Bottom SPX Loser: SNPS (Synopsys) −9.39% (Information Technology) [11]
TSP Fund Proxy 5-Day Stats close-to-close• G → G Fund: 4.250% for Oct 2025 (update timing uncertain amid shutdown). [10]
• F → AGG: +0.25% [11]
• C → S&P 500: −2.43% [11]
• S → VXF: −3.41% [11]
• I → ACWX: −3.31% [11]
Today's 1st Hour of Trading, What to Watch For• Does breadth snap back: up/down volume and early tick against Friday’s tech selloff. [12]
• Banks positioning ahead of Tuesday’s openers: watch pre-earnings tape and credit ETFs. [13]
• Liquidity quirks with bonds shut: price discovery leans on futures and LIT books. [14]
Upcoming Headlines (5-Day Window, ET)• 10/14 TUE 07:00 — [Earnings] JPMorgan Q3 results; megabank read-throughs. [15]
• 10/15 WED 14:00 — [Fed] FOMC Minutes: tone check on cuts path. [16]
• 10/16 THU 13:00 — [Auction] 20-Year Treasury reopening: size and bid quality. [17]
• 10/17 FRI — [Options] Monthly OPEX: positioning and pin risk. [18]
Disclaimer: Any resemblance to actual outcomes is purely coincidental.• Powered by AI-Intela: Sometimes thinking hard, sometimes hardly thinking.
▶ Citation Block
[1] 2025-10-13: Reuters: “Wall Street futures climb after Trump cools rhetoric on China”
[2] 2025-10-08: Reuters: “Gold shatters $4000 milestone, silver belts record high”
[3] 2025-10-10: Reuters: “BLS delays September CPI to Oct. 24 due to shutdown”
[4] n.d.: Investing.com: “S&P 500 Historical Data (includes premarket snapshot & DXY widget)”
[5] 2025-10-13: Barron’s: “Is the Stock Market Open Today? Columbus Day Hours”
[6] 2025-10-13: TradingEconomics: “Gold Hits All-Time High”
[7] 2025-10-10: AP via Yahoo: “How major U.S. stock indexes fared Friday”
[8] 2025-10-10: Reuters: “Wall Street slides; tech under pressure into close”
[9] n.d.: Investing.com: “VXF ETF Stock Price History”
[10] 2025-10-04 (updated 2025-10-12): TSPFolio: “TSP G Fund Interest Rate”
[11] n.d.: Investing.com: “S&P 500 & related market widgets (5-day calc references); plus AGG/VXF/ACWX historical pages”
[12] 2025-10-13: Reuters: “Futures rebound on softer trade tone”
[13] 2025-10-13: Nasdaq: “JPMorgan (JPM) — Earnings Date & Time”
[14] 2025-10-13: Investopedia: “Stocks climb before major bank earnings; bond market closed”
[15] 2025-10-13: Nasdaq: “JPMorgan (JPM) — Earnings Date & Time”
[16] n.d.: Federal Reserve: “FOMC Calendar (Minutes Release)”
[17] n.d.: TreasuryDirect: “Upcoming Treasury Auctions”
[18] 2025-01-01: Cboe: “2025 Options Expiration Calendar”
