Today's key economic catalyst is ISM Services at 10:00 AM ET, expected around 55.1 versus 55.4 previously, with markets also looking ahead to Wednesday's FOMC minutes for insight into the Fed's September rate hike and the path ahead. Premarket, PTC is surging roughly 35% after Schneider Electric agreed to acquire the company for $205 per share in a $22.6 billion all-cash deal; Qualcomm is up nearly 4% following a multi-year Huawei patent agreement, while Intel is down roughly 3%–4% after reports that TSMC is in talks with Elon Musk's Terafab venture. ISM Services, the 5.2%+ 10-year yield, Fed expectations and oil remain today's key market drivers, with another soft economic reading likely to reinforce expectations that the Fed stays on hold in October. 05-OCT-2026 06:37 AM ET