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Mixed Markets: S&P Rises as Gold Hits Record High

9/29/2025

26 2 Full Breakdown

Summary

Story summary

Markets were mixed: Dow fell 0.2%, while Standard & Poor's 500 index rose 0.3% and Nasdaq 0.6%.
Investors worry a U.S. government shutdown could delay data, including nonfarm payrolls due Friday.
S&P 500 rose 2.8% in September, aided by strong data and a revised 3.8% GDP growth.
Gold prices reached a record high above $3,850 per ounce amid inflation concerns.

History

Historical Context

The 2013 U.S. government shutdown, lasting 16 days, stemmed from a budget impasse over the Affordable Care Act, resulting in a $24 billion economic loss and a 3.1% drop in the S&P 500 index. This event highlighted the risks of political gridlock, as ongoing fears of similar shutdowns today threaten economic stability and investor confidence, echoing the challenges faced a decade ago.

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Story summary

Markets were mixed: Dow fell 0.2%, while Standard & Poor's 500 index rose 0.3% and Nasdaq 0.6%.
Investors worry a U.S. government shutdown could delay data, including nonfarm payrolls due Friday.
S&P 500 rose 2.8% in September, aided by strong data and a revised 3.8% GDP growth.
Gold prices reached a record high above $3,850 per ounce amid inflation concerns.

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