The trader worked on the New York Stock Exchange on October 1, 2025.
NYSE
S&P 500 Futures Rose on Thursday after a wide market index hit a fresh high as investors appear to be messing up concerns that have led to the latest US government shutdown.
S&P 500-linked futures increased by 0.3% Nasdaq 100 futures Altitude of 0.6%. Dow Jones Industrial Average Futures It dropped 17 points, or 0.04%.
Stocks Occident Oil Warren Buffett’s Berkshire Hathaway traded up pre-market after saying it would buy Oxychem, the Occidental’s petrochemical unit, for $9.7 billion in cash. This means Berkshire’s biggest deal since 2022.
The three major US stock indices closed on Green on Wednesday in hopes of shorter federal funding and thus limiting the serious impact on the US economy. S&P 500 After the index hit a new all-time high in one day, it reached its 29th closing high, surpassing the 6,700 threshold for the first time. The Dow Jones industrial average was also recorded in the previous session.
The US government shutdown began after Democrats and Republicans failed the deadline as they failed to meet deadlines to agree to a deal that would keep government funds. Lawmakers blamed each other for halting as Democrats were stubbornly on demand to use the measure to expand the medical tax credits for millions of Americans.
The biggest question for investors is how long the current deadlock will last. With the Senate scheduled to close the session on Thursday and observing Yom Kipur, there is a high chance that he will be dragged over for at least three days, and the senators will be expected to vote again the next day. In the forecast market, traders bet that the shutdown could last almost two weeks.
“My belief is that this closure could last longer than 2018, but other factors ultimately include: 1) future Q3 revenues are solid, 2) AI EUPHORIA continues to report solid QTRs on MAG7, and 3) the next Fed MTG on 10/29 hopes to cut the next Fed MTG this year on 10/29, which the Fed hopes will cut three times.
“To sum up, despite the near-short-term possibility, I believe MKT will eventually see new highs as they grind slowly and high,” Niles added.
Although stock markets have historically been less affected by government closures, investors have been meticulous about this given the more volatile policies and macroeconomic background, rising market valuations and concentration levels amidst AIRE rally and ongoing inflation concerns. Additionally, President Donald Trump has threatened permanent mass shootings on federal workers under the closure, exacerbating existing concerns about slowing the labour market.
The blackouts in economic data during this week’s closures are also the biggest heart. Because the September non-farm salary report will not be released on Friday, given the Department of Labor’s suspension for virtually all activities. The Federal Reserve is expected to announce interest rate cuts at its upcoming October meeting, as Wednesday morning ADP data reflects a decline in private pay last month and there is no further impact of the ongoing shutdown.
