The Economic Times·2025-11-13 22:08Core Insights - The US stock market experienced its worst day in over a month, with major indexes declining sharply following the end of a historic 43-day government shutdown, which created uncertainties regarding the economic impact and Federal Reserve interest rate policies [9][10] - The Dow Jones fell nearly 800 points (1.65%), the S&P 500 dropped 1.66%, and the Nasdaq plunged 2.29%, reflecting significant losses in technology and communication services sectors [6][9] Market Performance - The Dow closed at 47,457.22, the S&P 500 at 6,737.49, and the Nasdaq at 22,870.36, marking their worst single-day performance in over a month [6][9] - Technology stocks, particularly AI-related companies, led the declines, with major players like Nvidia, Tesla, and Alphabet experiencing drops between 3.5% and 7% [6][9] - The communication services sector also faced steep losses, with Disney shares falling nearly 8% after mixed quarterly results [9][10] Economic Impact - The government shutdown delayed critical economic reports, such as jobs numbers and inflation data, leaving investors without key indicators to assess economic health [9][10] - The uncertainty surrounding the delayed data has led to a scaling back of expectations for a December interest rate cut by the Federal Reserve [9] Market Sentiment - Market specialists view the downturn as a healthy consolidation, with some experts describing it as a "natural consolidation" [4][5] - There are warnings of continued volatility as the market adjusts to the return of delayed economic data [4][5]