Core Points - US stocks experienced a slight increase on Monday, with the S&P 500 rising by 0.3%, the Nasdaq Composite by 0.5%, and the Dow Jones Industrial Average by almost 0.2%, building on the previous Friday's rebound [1] - Investors are closely monitoring the potential for a US government shutdown, with current odds of a shutdown nearing 80% as negotiations between Republicans and Democrats continue [2] - The Department of Labor announced that the Bureau of Labor Statistics will suspend all operations during a government shutdown, which includes the planned release of the monthly jobs report [3] - The monthly job updates and inflation reports from the BLS are critical for the Federal Reserve's policy decisions, influencing market expectations regarding interest rate cuts [4] - Recent economic data indicated a decline in jobless claims and a revision of GDP growth upwards, leading to speculation that the Federal Reserve may not cut rates as aggressively as anticipated, increasing the importance of the upcoming jobs report [5] - Despite recent challenges in AI-focused stock trading and new tariff proposals from President Trump, the stock market is on track to finish September and the third quarter with gains, with the S&P 500 up 2.8% month-to-date and the Nasdaq up 2.9% [6]
Stock market today: Dow, S&P 500, Nasdaq nudge higher as Wall Street grapples with shutdown risk
Yahoo Finance·2025-09-29 20:03