Stock Market Today: Shutdown Enters Second Day; S&P 500 Futures Inch Up
The federal government shutdown entered a second day, with no sign of an imminent breakthrough that could get furloughed employees back to work and prevent layoffs. Treasury Secretary Scott Bessent warned the shutdown could be “a hit to growth.”
Broadcom and AMD both rose over 1% in premarket trading. ASML, which supplies chip-making equipment to Samsung, jumped in Europe. And the rally in Samsung and SK Hynix shares helped propel the Kospi benchmark to a record high.
In recent trading:
Nasdaq-100 futures led gains among U.S. stock futures.
The WSJ Dollar Index and Treasury yields were broadly steady. Gold prices held near this week’s record highs.