03 Oct 2025 | 5 Mins Read
Wall Street sets records despite labor, shutdown risks
Flipitmoney
The Dow, S&P 500, and Nasdaq indices reached record closing highs with modest gains on Thursday. The Nasdaq rose 0.4% as the tech sector, led by Nvidia, Apple, and Broadcom, provided key support. The market's gains were cautiously monitored amid a U.S. government shutdown and mixed private labor market data, with investors expecting a potentialFederal Reserve interest rate cut this year.