U.S. Markets Close Mixed Amidst Government Shutdown Uncertainty
U.S. stock markets ended Friday with mixed results, reflecting investor uncertainty. The S&P 500 and Dow Jones Industrial Average (DJIA) closed slightly higher, while the Nasdaq 100 dipped. This comes amidst the ongoing U.S. government shutdown and delayed jobs data from Indeed.
The S&P 500 inched up to around 6,715 points, barely in the green. The DJIA performed better, closing at 46,758.28 points, up 0.51%. However, the tech-heavy Nasdaq 100 was down 0.4% at around 24,785 points. Market observers attribute this mixed performance to uncertainty surrounding the U.S. government shutdown and delayed jobs data from Indeed.
Commodities also saw movement. Oil prices increased, with a barrel of Brent crude costing $64.37, up 0.4%. Meanwhile, gold prices rose, with an ounce of gold trading at $3,885, up 0.7%. The euro strengthened against the dollar, with one euro worth 1.1743 dollars.
The U.S. government shutdown, which began on October 1, 2025, continues to cast a shadow over markets. Investors await the resolution of the shutdown and the release of delayed jobs data from Indeed for further direction. Despite Friday's mixed performance, major indices remain within striking distance of their recent highs.
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