Wall Street on Track to Open with Losses as US Government Shutdown Adds to Uncertainty
Futures for major U.S. indexes fell up to 0.6% amid uncertainty from the government shutdown and delayed economic data, despite a recent five-month winning streak.
- Late Tuesday, Wall Street moved lower as the U.S. government shutdown took effect just after midnight, with S&P 500 and Dow futures down 0.5% and Nasdaq futures slipping 0.6%.
- Uncertainty over the timing of job-market data, including Friday's September jobs report, added to caution as the Department of Labor warned the Bureau of Labor Statistics would cease operations during a lapse.
- Lithium Americas surged over 32% after reports of a U.S. planned 5% stake, and AES climbed 10% amid reports of a $2.3 billion federal loan for a Nevada mine, driving market volatility.
- Market participants point to Fed rate cuts and tariff hopes as key drivers, noting the Fed’s first cut and penciled-in additional cuts support the slowing job market.
- Japan's ruling Liberal Democratic Party faces leadership uncertainty as the Nikkei 225 fell 0.9% to 44,550.85, amid plans for a 9 October reverse repo by China's central bank.
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Wall Street's main barometers start the day with mixed positions, while operators assimilate the ADP employment survey, which continued to point to a slowdown in the labour market, while investors are still waiting on whether there could be a delay in publishing the employment report.The only advance is 0.05 percent for the Dow Jones, with 46 thousand 424.37 integers, while Nasdaq falls 0.10% to 22 thousand 637.68 points, and the S&P 500 with 0.…
Stocks Slip As U.S. Government Shuts Down
U.S. markets opened lower Wednesday as the federal government entered its first shutdown in seven years after Congress failed to pass a funding bill. Dow futures dropped 219 points, while S&P 500 and Nasdaq futures fell 0.5% and 0.6%, respectively. Shutdowns historically have had limited impact on equities. Since 1976, the S&P 500 has typically gained in the months following such disruptions, according to LPL Financial. 🇺🇸 Stock futures dip an…
Stock Market News From Oct. 1, 2025: Dow, S&P 500 Records; Nasdaq Rises; Government Shutdown; Nike, Nvidia, Tesla, Strategy, and More Movers
The Dow and S&P 500 notched records and the Nasdaq rose Wednesday despite the government shutdown and a weak ADP jobs report.
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