Wall Street closes higher, boosted by healthcare as investors shrug off jobs data, US shutdown
Reuters·2025-10-01 20:38
Core Insights - Wall Street's main stock indexes experienced an increase, primarily driven by the healthcare sector [1] - Investors showed resilience by overlooking disappointing private payrolls data and the uncertainty surrounding the U.S. federal government shutdown [1] Sector Performance - The healthcare sector provided the most significant boost to the stock indexes, indicating strong investor interest and confidence in this area [1] Economic Indicators - Private payrolls data released was weaker than expected, which typically would raise concerns among investors [1] - The uncertainty related to the first day of the U.S. federal government shutdown did not deter market performance, suggesting a degree of investor optimism [1]