09:04 AM EDT, 10/03/2025 (MT Newswires) -- US equity futures were flat ahead of Friday's opening bell as traders monitored developments surrounding the ongoing federal government shutdown, now in its third day.

Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all up around 0.1%.

The government shutdown began at 12:01 am ET Wednesday after US lawmakers failed to agree on a key spending bill. The Senate is scheduled to vote this afternoon on short-term spending bills, media outlets reported.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.4% at $64.39 per barrel and US West Texas Intermediate crude 0.4% higher at $60.73 per barrel.

The Institute for Supply Management's Non-Manufacturing Purchasing Managers' Index, scheduled for release at 10 am ET, is seen coming in at 51.8 for September versus 52.0 previously, according to estimates compiled by Bloomberg.

The federal agency bulletin on nonfarm payrolls has been suspended.

In other world markets, Japan's Nikkei ended 1.9% higher, Hong Kong's Hang Seng finished 0.5% lower, while the Chinese market was closed for holiday. The UK's FTSE 100 was up 0.5%, and Germany's DAX index was down 0.2% in Europe's early afternoon session.

In equities, Ovid Therapeutics ( OVID ) shares were 21% higher after the company said it has secured a financing deal for up to $175 million.

On the losing side, Applied Materials ( AMAT ) stock was down 2% after the company said late Thursday it expects a revenue reduction of about $110 million in fiscal Q4 and $600 million in fiscal 2026 due to a new rule issued by the US Department of Commerce's Bureau of Industry and Security.