Stock Futures Tumble as Government Shutdown Starts
Barrons·2025-10-01 07:47
Core Insights - The stock market is expected to start October negatively due to a government shutdown after the Senate failed to reach an agreement [1][2] - The Dow Jones Industrial Average futures fell by 328 points, or 0.7%, while S&P 500 futures decreased by 0.8% and Nasdaq 100 contracts dropped by 1% [2] Market Performance - The Dow Jones Industrial Average ended the third quarter with a record close [2] - The yield on the 10-year Treasury note increased by 1 basis point to 4.16% [2] - Gold futures rose by 0.5% to $3,894 per ounce, while the U.S. dollar weakened by 0.3% against a basket of currencies [2]