Japan Machinery Orders (MoM) registered at 4.3% above expectations (1.1%) in February

TradingKey - On September 28, Eastern Time, Nvidia (NVDA) shares bucked the trend and gained amid broader pressure on technology stocks, driven primarily by its newly announced massive stock buyback plan. On September 28, Nvidia announced that its board of directors approved an additional $150 billion for its existing share repurchase authorization, bringing the remaining buyback capacity to $235 billion. The company plans to execute the program by the end of fiscal year 2028, marking the largest buyback in U.S. stock market history. Following the announcement, Nvidia rose 1.68% on the day to close at $228.86, touching an intraday high of $233.21, while the Nasdaq Index fell 0.92% over the same period, demonstrating that the buyback news provided clear independent support for the stock.

TradingKey - On Friday, October 2 (Eastern Time), the US will release its September nonfarm payrolls report. The market will focus on whether job growth can sustain August's rebound and whether the data will alter expectations for subsequent Federal Reserve rate hikes.

On September 30 Eastern Time, after Micron Technology (MU) released its fourth-quarter fiscal 2026 financial results (for the period ended September 3) after U.S. market close, its stock price reversed earlier losses to rise 2%. Micron's Q4 revenue reached $54.229 billion, up approximately 30.81% quarter-over-quarter from $41.456 billion in the previous quarter and up approximately 379.27% year-over-year from $11.315 billion in the same period last year. This surpassed market expectations of $51.5 billion, beating estimates by about 5.30%.

On September 28, Eastern Time, Tesla (TSLA) shares fell 3%, with the company expected to release its third-quarter 2026 delivery figures on October 2. Investment banks JPMorgan and Goldman Sachs both lowered their delivery forecasts, primarily due to weaker-than-expected performance in the U.S. and Chinese markets. Additionally, the Trump administration's plan to relax fuel efficiency standards has introduced policy variables to its automotive business.

TradingKey - In the coming week (September 28 to October 2, ET), US markets will face the most concentrated macroeconomic data window between late September and early October. Key reports—including the US August PCE Price Index, September Nonfarm Payrolls report, ADP employment, JOLTS job openings, and the ISM Manufacturing Index—will be released in succession, providing fresh evidence for the market to gauge the Federal Reserve's next interest rate path.