S&P 500 and Nasdaq Hit New Highs as Risk Returns

Core Insights - The S&P 500 and Nasdaq Composite indices reached record highs despite the ongoing government shutdown, indicating strong market resilience [1] - The S&P 500 increased by 0.6%, marking its 33rd record close of the year, while the Nasdaq Composite rose by 1.1%, achieving its 32nd closing high [1] - The Dow Jones Industrial Average remained flat during this period [1] Market Indicators - The yield on the 2-year Treasury note rose to 3.58% [1] - The yield on the 10-year Treasury note increased to 4.13% [1]