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2h ago

Stocks Edge Higher as Shutdown Looms With Dow Closing at Record

A shutdown could postpone Friday's jobs report that anchors the Fed's next moves.

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Las estadísticas de empleo que publica el gobierno de EEUU podrían demorarse ante un \"shutdown\", una situación que podría dilatar un nuevo recorte de tasas de la Fed.

Overview

  • Congress has not reached a funding deal, and Vice President J. D. Vance said a government shutdown on October 1 appears likely, raising the risk of delays to labor data releases.
  • Wall Street finished modestly higher, with the Dow up 0.18% to 46,397.89 for a new record, the S&P 500 up 0.41%, and the Nasdaq up 0.30%.
  • September ended positive across benchmarks, with the Dow up 1.8%, the S&P 500 up 3.0%, and the Nasdaq Composite up 5.6%.
  • President Trump announced new tariffs taking effect October 14, including 10% on softwood lumber and sawn wood and 25% on kitchen cabinets, vanities, and upholstered wood products.
  • Pfizer confirmed a three-year pact with the administration to cut prices on selected medicines in exchange for tariff protection, and its shares rose about 6.8%.