S&P 500 Cuts Through Shutdown Noise to Hit Fresh Highs

Core Insights - The S&P 500 reached a record high, marking its 29th record close of 2025, despite the backdrop of a government shutdown and weak private sector job data [2]. Market Performance - The S&P 500 increased by 0.3% after initially opening lower [2]. - The Dow Jones Industrial Average rose by 43 points, or 0.1%, achieving a new closing high [2]. - The Nasdaq Composite gained 0.4%, moving closer to its closing high from September 22 [2]. Market Sentiment - Initial weakness in stocks was attributed to the onset of the government shutdown, although some analysts expressed disbelief at this correlation [2].