Dow and nasdaq futures were little changed in overnight

Dow and Nasdaq futures were little changed in overnight trading, as market participants digest mixed manufacturing data. Dow futures down 12 points, Nasdaq futures up 21 points, reflecting sector rotation dynamics. In conclusion, while past performance is no guarantee of future results, the combination of favorable October seasonality, the strength of the fourth quarter, and the powerful momentum of a five-month winning streak presents a historically bullish setup for equities as we head into the final months of the year. Although Vice President JD Vance revealed at a White House press briefing Wednesday that the Trump administration will indeed "have to lay some people off if the shutdown continues," he added that no final decisions on the layoffs have been made. Vance also said that he doesn't believe the shutdown is "going to be that long," adding that there's "some evidence that moderate Democrats are cracking a little bit." Dow and Nasdaq futures showed a modest retreat, Dow futures -0.23%, Nasdaq futures -0.29%, as U.S. dollar strength weighed on multinational earnings expectations.