Rise and Shine: Everything you need to know before the ASX opens

Good morning everyone and welcome to Rise and Shine on Friday, October 10, 2025. Here’s what you should know before the ASX opens today…

At 7am AEST on Friday, ASX futures were down by 0.6%, pointing to a droopy start to the day.

Here’s what happened on Wall Street overnight…

Wall Street takes a smoko

Wall Street closed lower, pausing its record-setting rally as earnings approach.

The Dow dipped 0.49%, the S&P 500 slipped 0.37%, and the Nasdaq slumped 0.16%, all, however, still not far off their all-time-highs. Just a profit-taking blip?

Commodity/forex/crypto market prices

Dell Technologies sank 5.5% for one of the market’s bigger losses (although still up about 10% for the week), while Tesla also weighed heavily, falling 1.6%.

Tesla’s stock was affected by the US National Highway Traffic Safety Administration providing an evaluation of “Full Self-Driving” systems, looking at safety concerns.

Delta Airlines, on the other hand, soared (relatively) with a 5.2% boost amid strong profit forecasting.

Meanwhile, even gold took a pause from its rallying…

Oil (WTI) has slipped  back under US$62 a barrel as Israel and Hamas struck a ceasefire deal. With OPEC+ pumping more and China hoarding less, the market’s starting to look top-heavy again.

Gold, meanwhile, is catching its breath after a manic run, still orbiting around US$4,000 but showing a hint of fatigue as safe-haven demand fades with the ceasefire headlines. A few profit-takers are sneaking out the back door, leaving ASX goldies looking exposed.

Put bluntly, if crude and bullion both wobble today, the local resources index could feel like it’s running uphill in wet socks.

What got you talking

Also in the news…

Health Check: Clinical studies hit key milestones, but the long drive continues.

Exploration winner Rob Waugh says there’s plenty more WA gold to be discovered.

With Northern Star Resources (ASX:NST) on its side, PolarX (ASX:PXX) is seeking world class US copper and gold mines.

US partner’s US$700m raise sets up Astron for rare earths development.

On track: Analysts hail FDA lift as turning point for Neurizon’s ALS therapy ambitions.

Trading halts

ClearVue Technologies (ASX:CPV) – cap raise
Clime Investment Management (ASX:CIW) – cap raise
Eclipse Metals (ASX:EPM) – cap raise
Green Technology Metals (ASX:GT1) – cap raise
INOVIQ (ASX:IIQ) – cap raise
Magnum Mining & Exploration (ASX:MGU) – cap raise
St George Mining (ASX:SGQ) – cap raise
Sultan Resources (ASX:SLZ) – cap raise
Verity Resources (ASX:VRL) – Botswana JV expansion

At Stockhead, we tell it like it is. While Octava Minerals, Astron Corporation. PolarX and Neurizon are Stockhead advertisers, they did not sponsor this article.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.