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News in English (USA) / 02.10.2025 / 19:00

U.S. Stock Market Experiences Turbulence Amid Government Shutdown and Mixed Economic Signals

The stock market is facing fluctuations as the S&P 500 and Nasdaq experience a pullback after reaching record highs, impacted by ongoing uncertainties related to the U.S. government shutdown. Despite a strong performance from the tech sector, which is helping to buoy indices like the S&P 500 and Nasdaq, recent trading sessions have seen several indices, including the Dow, slip significantly. Economic data and concerns regarding rate cuts have also contributed to the volatility, with the Dow dropping as losses mount for major corporations like Nike and Amgen. As momentum wavers, Wall Street is currently demonstrating a trend of decline for the third consecutive session.
CNBC, Reuters, "Barrons", Northeast Mississippi Daily Journal, bloomingbit, Devdiscourse, "Schaeffers Investment Research", Citizen Tribune, MSN, Wikipedia