US Premarket Rally Fueled by Rare Earth Surge and Broadcom’s AI Breakthroughs

# US Premarket Rally Fueled by Rare Earth Surge and Broadcom’s AI Breakthroughs

**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.

## Major News

Global market sentiment today reflects a mixed outlook amid significant developments in trade, technology, and energy sectors. US futures are showing modest gains, with the S&P 500 futures up 0.09%, Dow futures rising 0.02%, and Nasdaq futures increasing by 0.33%. European indices, however, experienced a downturn, with the Euro Stoxx 50 up 0.31%, while the DAX, CAC 40, and FTSE 100 fell by 0.22%, 0.40%, and 0.12%, respectively. The Nikkei also declined by 0.80%.

In commodities, oil prices remained stable as OPEC maintained its unchanged outlook amidst ongoing supply boosts. The dollar, gold, and silver all saw gains, reflecting a broader market recovery. Rare earth stocks surged following President Trump’s threats of increased tariffs on China, impacting market sentiment positively for these critical minerals.

In corporate news, Broadcom shares soared 10% following a partnership with OpenAI to develop AI accelerators, while Bloom Energy’s stock jumped over 25% due to a fuel cell deal with Brookfield. Conversely, First Brands’ CEO resignation and Jefferies’ efforts to reassure investors after a significant drop in

## Performances

### US Futures

US futures indicate opening sign for cash market.

### Major US Indices (Previous Close)

### FX Performance

### Commodities Performance

### BTC and ETH Performance

## High-Importance Economic Events

On October 13, 2025, several key economic events are set to influence market dynamics, particularly in currency markets.

At 06:30 ET, India’s Consumer Price Index (CPI) for September is expected to show a year-over-year increase of 1.70%, but the actual figure came in lower at 1.54%. This unexpected decline could pressure the Indian Rupee (INR), as lower inflation may prompt the Reserve Bank of India to reconsider its monetary policy stance.

In the U.S., the OPEC Monthly Report at 07:00 ET may provide insights into oil supply dynamics, impacting the U.S. Dollar (USD) indirectly through energy prices.

At 10:00 ET, U.S. Construction Spending for August is forecasted to decrease by 0.1%. A worse-than-expected outcome could weigh on the USD as it reflects economic activity and growth prospects.

In Europe, speeches from German Buba officials at 09:00 and 13:30 ET may provide insights into monetary policy, influencing the Euro (EUR).

Finally, the UK’s BRC Retail Sales Monitor at 19:01 ET is expected to show a 2.5% increase year-over-year,