Stock Market Today: Stocks Set for More Gains Despite Economic Data Delays

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Happy Thursday. This is TheStreet's Stock Market Today for Oct. 2, 2025. You can follow the latest updates on the market here in our daily live blog.

Update: 4:38 a.m. ET

Everything Happening Today (That We Know Of)

Good morning and happy day two to government shutdown watchers. Yesterday, as the government shut down at 12:01 a.m. ET, various agencies began furloughing approximately 750,000 employees. Today, we might get a glimpse of President Doland Trump's plans to conduct mass layoffs.

This morning, stock futures are pointing up, with the Nasdaq (+0.39%) and Russell 2000 (+0.39%) showing gains before the open. The S&P 500 (+0.17%) and Dow (-0.07%) are showing less impressive moves from the close yesterday, which saw stocks stage a late-day rally.

Here's what is on deck for today:

Economic Data & Events

Ordinarily, today would have marked the release of Initial & Continuing Jobless Claims. However, with the government shut, data from the Bureau of Labor Statistics will be delayed. So too will other data, like Factory Orders.

So what will we get? Well, the Challenger Job Cuts data, which is already out and showed 54,064 layoffs in September. That was a considerable deceleration from last month's 85,979 cuts and a hair more than a third of the analyst expectation of 150,000. 

Then, later today, we'll hear from Dallas Fed President Lorie K. Logan at 10:30 a.m. ET. Otherwise, nothing else is really on the docket.

Earnings Today

As we roll over from the third quarter into the fourth quarter, we'll have a lull in terms off reports from companies. As a result, there are no substantive earnings reports today, per data sourced from Nasdaq.