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Stocks Shrug Off Government Shutdown for Now

The shutdown furloughs 750,000 employees and halts key economic data releases, while stock futures and the dollar decline amid funding disagreements.

  • On October 1, 2025, the US government officially shut down at midnight, marking the first shutdown in nearly seven years and threatening a blackout of government data releases.
  • After talks collapsed over health-care spending, lawmakers readied a new temporary spending bill vote as the Republican-controlled Senate prepared it and Democrats sought to enshrine health-care tax credits.
  • Traders pushed US equity futures down while the dollar extended its slide as S&P 500 futures fell 0.5%, Nasdaq 100 futures slipped 0.6%, and Dow futures dropped 219 points.
  • The shutdown will furlough about 750,000 federal employees, costing $400 million per day, while Thursday's weekly jobless claims and the Oct. 3 nonfarm payrolls release are paused.
  • Past shutdown data and current earnings trends provide context for why markets may remain resilient as Raymond James found shutdowns usually ended quickly with limited equity damage, while market analysts cite strong corporate earnings and Federal Reserve interest-rate expectations.
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Wall Street stocks shrug off start of US shutdown

Wall Street stocks shrugged off early losses on Wednesday as the US government started to shut down after Democrats and President Donald Trump failed to break a deadlock over spending.

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CNBC broke the news in United States on Tuesday, September 30, 2025.
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