Market Overview - US stocks experienced a rise on Monday, with the Dow Jones Industrial Average and S&P 500 increasing by approximately 0.3%, while the Nasdaq Composite rose by 0.5% [1] - The market is currently assessing the likelihood of a US government shutdown, with odds exceeding 70% according to Polymarket [2] Economic Data Impact - The potential government shutdown raises concerns about the timely release of key economic data, including the crucial monthly jobs report scheduled for Friday [3] - Recent economic indicators showed a decline in jobless claims and an upward revision in GDP growth, leading to speculation that the Federal Reserve may not cut interest rates as aggressively as previously anticipated [4] Sector Performance - Despite recent challenges in AI-focused stock trading and new tariff announcements from President Trump, the S&P 500 has gained 2.8% month-to-date, the Dow has increased by 1.5%, and the Nasdaq has rallied by 2.9% [5] - Carnival (CCL) is set to report quarterly results, while Nike (NKE) is expected to be the highlight of the earnings reports this week [6]
Stock market today: Dow, S&P 500, Nasdaq climb with government shutdown in focus
Yahoo Financeยท2025-09-29 13:31