Wall Street Brushes Off Shutdown Amid Economic Concerns

Wall Street remains stable during the government shutdown, though bond yields drop amid weak economic data.

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Wall Street Brushes Off Shutdown Amid Economic Concerns

Despite the U.S. government entering a partial shutdown, Wall Street remains relatively unaffected, with major indexes showing minimal changes. However, bond yields have declined following disappointing economic data, including a report indicating a loss of 32,000 private-sector jobs in September. The upcoming Labor Department report is expected to be delayed due to the shutdown.
Companies:
  • Federal Reserve
  • Social Security Administration
  • Medicare
  • Medicaid
  • USPS
  • IRS
Tags:
  • Wall Street
  • Government Shutdown