Financial Market Preview - Wednesday 2-Oct

S&P futures are pointing to a slightly lower open today, down (0.1%), as global markets navigate heightened geopolitical tensions in the Middle East. In Asia, Hang Seng extended recent rallies, while rest of the region closed broadly lower. European equity markets are higher in early trades. Hang Seng Index surged over +6% today, continuing the rally fueled by recent stimulus. Hang Seng China Enterprises Index +7%, Hang Seng Tech +8.5%, and Hang Seng Mainland Properties Index +14.8%. The extended rally reflects optimism about Chinese assets following Beijing's stimulus package. Goldman Sachs reported record net purchases of Asian stocks by hedge funds in September, primarily in China and Hong Kong. Companies Mentioned: KKR, Infinera, Summit Midstream, Apple