Record Highs, AI Hype, and a Shutdown: Key Takeaways from U.S. Stock Markets (Oct 3–4, 2025)
Market Overview: Indices Reach New Highs Amid Shutdown Wall Street’s major indexes extended their rally into the first days of October, defying the political gridlock in Washington. On Friday, October 3, the benchmark S&P 500 edged up less than 0.1% to 6,715.79, just enough to mark a record closing high reuters.com. The Dow Jones Industrial Average climbed 0.5% to 46,758.28, also a record finish reuters.com. Meanwhile, the Nasdaq Composite slipped about –0.3% to 22,780.5, snapping its winning streak as some tech shares weakened reuters.com. Notably, all three indexes had hit intraday all-time highs during Friday’s session before a bit of
