S&P 500 Is Rising for Eighth Straight Session
Barrons·2025-10-07 13:32
Market Performance - The stock market is experiencing a rally due to the government shutdown, with the S&P 500 on track for its eighth consecutive daily gain [1] - The Dow Jones Industrial Average increased by 82 points, or 0.2%, while the S&P 500 and Nasdaq Composite both rose by 0.1% [1] - If the S&P 500 and Nasdaq finish the day higher, they will achieve new closing highs [1] Government Shutdown Impact - Currently, very few individuals have been affected by the government shutdown, but concerns are expected to rise as paydays approach [2] - The potential for increased public concern is highlighted by comments from Bespoke Investment Group co-founder Paul Hickey, indicating that the situation may escalate [2]