Trading Day: US shutdown deadline is nigh

Market Overview - The U.S. government shutdown is a significant concern for investors, with a deadline for an agreement approaching [3] - Past government shutdowns have had limited impact on markets, but current high stock valuations may lead to different outcomes this time [3] Economic Data Impact - A potential shutdown could delay key economic data releases, including the U.S. employment report, which may complicate Federal Reserve monetary policy decisions [4] Stock Market Performance - The S&P 500 has increased over 7% in the third quarter, marking its best performance for this period since 2020, while the Nasdaq Composite has risen nearly 11% [5] Sector Movements - The energy sector has declined, following a drop in oil prices, while cannabis stocks have surged due to comments from President Trump regarding potential health benefits of cannabidiol [2] Currency and Bond Markets - The U.S. dollar has weakened against major currencies, including the euro and yen, and the U.S. 10-year Treasury yield has decreased to around 4.14% as investors assess shutdown risks [2]