Economic disruption

Search documents
US stock futures slide, gold hits fresh record on US government shutdown
Yahoo Financeยท 2025-10-01 21:16
Market Overview - US stocks are expected to open lower following the government shutdown, with stock futures showing declines across major indices [1][4] - The S&P 500 is down 0.4% at 6,712 points, the Dow Jones is down 0.2% at 46,585 points, and the Nasdaq is down 0.5% at 24,788 points [4] Economic Impact - Historical trends indicate that markets typically remain resilient during US government shutdowns, as evidenced by positive closes for major indices prior to the shutdown [2] - The shutdown is anticipated to delay the release of key economic reports, including the US nonfarm payrolls, which are crucial for assessing labor market conditions [2][3] - Analysts express concerns that prolonged shutdowns could lead to significant economic disruptions and complicate Federal Reserve policy decisions due to delayed inflation data [3] Commodity Market - Gold, a traditional safe-haven asset, reached a record high of $3,870 per ounce before experiencing a slight retreat [1][4] - The US Dollar Index has decreased by 0.2%, currently standing at 97.57 points [4]