The three major U.S. stock futures indexes expanded, the international oil prices continued to rise throughout the day, with both the cloth oil and U.S. oil up more than 4%.

In terms of individual stocks in the sector, Credit Suisse U.S. stocks fell nearly 5% before the market, today foreign media rumors that the company is on the verge of bankruptcy. Tesla fell more than 5%, third quarter deliveries of 343,800 units, less than market expectations. Benefiting from higher oil prices, oil stocks are higher in pre-market, with Marathon Oil up 4%, Chevron up over 3% and Occidental Petroleum up over 2%. Faraday Future extended its pre-market decline to 10% after the company's board recommended a vote in favor of a reverse stock split proposal.

In addition, according to data released by S&P Global, the final Eurozone manufacturing PMI fell to 48.4 in September, a new low since June 2020 and below the initial value of 48.5 and the final value of 49.6 in August.

This suggests that manufacturing activity in the eurozone saw a further decline last month as a growing cost-of-living crisis kept consumers cautious in their spending, while soaring energy costs limited production. S&P Global said: "Rising costs and falling demand at the same time also pushed companies in September on the next year's expectations fell sharply again, which in turn led companies to reduce inputs and employment growth slowed. Businesses are preparing for a tough winter."

"The economy continues to face headwinds from high inflation, rising uncertainty and a growing cost-of-living crisis."

International oil prices jumped more than 4% on Monday (Oct. 3) as the Organization of the Petroleum Exporting Countries and its partners considered cutting production by more than 1 million barrels per day to support the market. This would be the largest production cut since the New Crown pandemic.

The International Energy Agency released its quarterly report on the gas market on March 3, warning that Europe will face an "unprecedented" risk of gas shortages this winter, while recommending gas conservation as a response.

According to the report, in order to ensure that gas reserves are always sufficient before the end of the heating season, the gas demand of European Union member states should be reduced by 9% to 13% compared to the average level of the past five years. Most of these changes had to be made by consumers, including turning down heaters by 1 degree Celsius and adjusting boiler temperatures, as well as industrial and public facilities to save gas