
DC’s shutdown hasn’t stopped the stock market. Here’s what may
The U.S. stock market continues to rise despite the government’s latest shutdown. The S&P 500 and Dow Jones Industrial Average hit all-time highs on Friday. It’s not just big tech driving the market; the Russell 2000 index of smaller stocks and gold also reached records. Past shutdowns have had minimal effects on the market, and many investors expect the market to climb further. However, there are concerns about expensive stocks, the need for rising corporate profits, and whether the Federal Reserve makes further cuts to interest rates. The AI boom also needs to deliver on its promises to sustain growth.