Markets Wobble as Shutdown Ends

The government shutdown in the US was lifted, but US inflation data had not been published yet, so there was not enough bullish sentiment to continue driving markets higher. Markets were rattled on Thursday as investor sentiment abruptly shifted toward caution, sparking a sharp pullback in many of the year’s strongest stocks and intensifying the ongoing decline in cryptocurrencies. The S&P 500 dropped 1.7%, and the Nasdaq 100, dominated by tech names, fell by 2%. Bitcoin had slid below $97, and the senti ...