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2h ago

Wall Street Sets New Records as Government Shutdown Reaches Day Two

A shutdown-driven data blackout pushes markets to price deeper Fed cuts after weak private labor readings.

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Los números de hoy 2 de octubre.
Al cierre el Dow Jones de Industriales subió 0,17%, el el selectivo S&P 500 avanzó 0,06% y el tecnológico Nasdaq ganó 0,39%. Foto: EFE.
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Overview

  • All three major U.S. indices closed at record highs on Thursday, with the S&P 500 and Nasdaq also setting intraday peaks.
  • Large-cap tech and AI leaders, including Nvidia and Broadcom, powered gains, while Tesla fell despite higher quarterly deliveries and Nike extended a post-earnings rebound.
  • ADP reported a 32,000 drop in September private payrolls and Challenger showed fewer planned layoffs, reinforcing expectations for additional Federal Reserve rate cuts as Treasury yields eased.
  • The partial federal shutdown, triggered by a Senate failure to advance a GOP funding bill in a 55–45 vote, has paused key releases from the Bureau of Labor Statistics, including nonfarm payrolls and weekly jobless claims.
  • The Congressional Budget Office estimates roughly 750,000 federal workers could be furloughed, and Treasury Secretary Scott Bessent warned the current shutdown may carry a larger economic impact than past episodes.