Why it matters
- S&P 500 futures rose 0.28% and Nasdaq 100 futures 0.62% around 8:47 a.m. ET, while Brent crude slipped 0.8% to about $103.41 a barrel.
- The University of Michigan releases preliminary October consumer sentiment at 10 a.m. ET. September's final reading was 48.1, with year-ahead inflation expectations at 4.6%.
- Delta Air Lines earned an adjusted $1.72 a share on record September-quarter revenue but fell about 2.3% premarket. Isaias became a major hurricane before a Gulf Coast landfall.
The day ahead: scheduled events and what forecasters expect.
Updated Oct. 9: The University of Michigan's preliminary October index of consumer sentiment fell to 46.3 from 48.1 in September, and year-ahead inflation expectations rose to 4.7% from 4.6%, the university said. Our Americas Friday recap has the U.S. close.
U.S. stock futures rose slightly before Friday's open after two days of losses on Wall Street. S&P 500 futures traded at 7,837.75 around 8:47 a.m. ET on Oct. 9, up 0.28%, and Nasdaq 100 futures gained 0.62%, according to Yahoo Finance data. The main U.S. data point is the University of Michigan's preliminary October consumer sentiment survey at 10 a.m. ET.
Where are futures before the open?
Higher, after the Nasdaq fell 1.25% on Thursday; see our Americas Thursday recap.
| Market, about 8:45 a.m. ET | Level | Change |
|---|---|---|
| S&P 500 futures | 7,837.75 | +0.28% |
| Nasdaq 100 futures | 31,160.50 | +0.62% |
| Dow futures | 51,524 | +0.06% |
| 10-year Treasury yield | 5.24% | +0.01 point |
| Brent crude ($/barrel) | 103.41 | −0.83% |
| WTI crude ($/barrel) | 91.32 | −0.19% |
| Gold futures ($/ounce) | 4,203.90 | +1.13% |
Source: Yahoo Finance chart data. Changes are from Thursday's settlement or close.
Stocks rose in Asia and Europe. Hong Kong's Hang Seng gained 1.79%, and the STOXX 600 was up about 1.1% at midday; see our Asia Friday recap and Europe Friday recap.
What is the Michigan consumer sentiment survey expected to show?
It will show whether households grew gloomier as oil prices and rates climbed. The final September index of consumer sentiment was 48.1, down from 51.7 in August, the University of Michigan said. Year-ahead inflation expectations rose to 4.6% in September from 4.0%, and long-run expectations rose to 3.4% from 3.3%. The preliminary October figures come out at 10 a.m. ET.
| University of Michigan measure | Sept. (final) | Aug. |
|---|---|---|
| Index of consumer sentiment | 48.1 | 51.7 |
| Current economic conditions | 50.9 | 51.9 |
| Consumer expectations | 46.3 | 51.5 |
| Year-ahead inflation expectations | 4.6% | 4.0% |
There are no Federal Reserve Board speeches on Friday's schedule, the Fed's calendar shows. The Labor Department publishes no major data today; September consumer prices are due Wednesday, Oct. 14, and producer prices on Thursday, Oct. 15, according to the Bureau of Labor Statistics. Monday, Oct. 12, is the Columbus Day holiday, the Fed calendar notes.
Why are Delta shares falling?
Delta Air Lines reported September-quarter adjusted earnings of $1.72 a share on record adjusted operating revenue of $17.6 billion, up 16% from a year earlier, the company said. That was below the $1.80 consensus forecast listed on Nasdaq's earnings calendar. Delta said it absorbed more than $500 million of higher fuel costs than it expected in early July. It forecast December-quarter earnings of $1.15 to $1.65 a share, assuming fuel near $4.25 a gallon, and full-year earnings of $5.10 to $5.60.
The shares traded at about $80.23 around 8:56 a.m. ET, down about 2.3% from Thursday's close of $82.14, Yahoo Finance data showed.
Where will Hurricane Isaias make landfall?
On the northern Gulf Coast, tonight or early Saturday. Isaias became a major hurricane with maximum sustained winds of 120 mph at 7:20 a.m. CDT, the National Hurricane Center said. It was about 240 miles south of Pensacola, Florida, moving north-northeast at 15 mph. A hurricane warning covers Ocean Springs, Mississippi, to the Bay/Gulf County line in Florida.
For oil, producers had shut in about 1.3 million barrels a day of Gulf of Mexico output as of Thursday, Trading Economics reported, citing the U.S. Marine Minerals Administration. Brent was still headed for a weekly gain of about 2% after Thursday's 4.1% jump, as President Donald Trump said Washington would hold off on Iran strikes before the midterm elections, Trading Economics said.
The dollar and bitcoin
The U.S. dollar index was near 102.28 around 8:45 a.m. ET, and bitcoin traded near $82,900, Yahoo Finance data showed. Upcoming releases are on our market calendar, and live levels are on the markets page.
Sources
- University of Michigan, Surveys of Consumers
- Federal Reserve, Calendar: October 2026
- Bureau of Labor Statistics, October 2026 release schedule
- Delta Air Lines, September quarter 2026 financial results (SEC filing)
- Nasdaq, Earnings calendar, Oct. 9, 2026
- National Hurricane Center, Hurricane Isaias Intermediate Advisory 11A and Tropical Cyclone Update
- Trading Economics, Brent crude oil
- Yahoo Finance, chart data for S&P 500 futures, Nasdaq 100 futures, Dow futures, 10-year yield, Brent crude, WTI crude, gold futures, U.S. dollar index, bitcoin and Delta Air Lines