Nasdaq Futures Slip After AI-Fueled Record Rally – Fed Cuts, Shutdown Drama & Tech Frenzy Drive Wall Street Surge
Wall Street Hits Records Despite Shutdown Gridlock Wall Street’s latest milestone comes against an unlikely backdrop: a U.S. government shutdown stretching into its second week. Yet stock investors have largely shrugged off Washington’s stalemate, focusing instead on favorable economic undercurrents. On Monday, the Nasdaq Composite climbed +0.71% to 22,941.67, and the S&P 500 rose +0.36% to 6,740.28 – both record closing highs – even as the federal government remained partially closedreuters.comreuters.com. The Dow Jones Industrial Average lagged, slipping 0.14%, but that modest dip didn’t derail what has been a robust multi-day rally. In fact, eight of the past ten sessions