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Daily Wrap-Up: More Consolidation | Oct 9, 2025

By March 28th, 2026General Articles2 min read

Thursday’s S&P 500 index futures session pushed to new all-time highs but quickly reverted to consolidation as sellers drove a reversal, erasing early gains.

Overnight, bulls hit a fresh all-time high of 6812.25, but sellers countered, keeping premarket trading in a tight red-green oscillation. The regular session opened with bulls going to test the all-time high, only to be rebuffed. Selling intensified just as reports of Trump’s likely weekend visit to Israel hit, breaking through the premarket low. Temporary support in the 6770s gave way post-lunch as sellers pushed futures lower, bottoming at 6760.75 near Wednesday’s low.

In the final hour, buyers and shorts covering sparked a slow, steady rally, paring some losses. The session closed below the day’s midpoint at 6779.25, down 22 handles.

Friday brings more Fed comments and October’s preliminary consumer sentiment data, assuming the government shutdown persists.

Among top index components, Meta Platforms Inc (NASDAQ: META) led as the biggest gainer, rising $15.67 or 2.18% to close at $733.51.

That outperformed the cash index’s 0.29% decline by a tidy two percent. 

On the other hand, Apple Inc (NASDAQ: AAPL) was the biggest loser, falling $4.02 or 1.56% to close at $254.04.