Stock Market Today: Live Updates
- * Market Performance: The S&P 500 gained 0.2%, the Nasdaq Composite gained (having hit a new all-time intraday high earlier), and the Dow Jones Industrial Average advanced 141...
Here’s a summary of the key information from the provided text:
* Market Performance: The S&P 500 gained 0.2%, the Nasdaq Composite gained (having hit a new all-time intraday high earlier), and the Dow Jones Industrial Average advanced 141 points (0.3%).
* Government Shutdown: The U.S. government shutdown is in its 10th day, with the Senate failing to pass funding proposals. Negotiations between Republicans and Democrats are stalled.
* Economic Data: The lack of government data due to the shutdown is hindering market catalysts. However, data from the University of Michigan suggests the U.S. economy and consumers are remaining resilient.
* Earnings Reports: Positive earnings reports from Delta Air Lines and PepsiCo are indicating continued consumer demand.
Key Indices Mentioned:
* S&P 500
* Nasdaq composite
* Dow Jones Industrial Average
Companies Mentioned:
* delta Air Lines (DAL)
* pepsico (PEP)