Day three of the federal government shutdown came and went Friday, with no end in sight. The stock market saw more all-time highs before the rally ran out of steam. The S & P 500 on Friday eked out a fractional gain for its 29th record-high close since the market’s tariff lows in early April. The Nasdaq fell modestly Friday. The record close on Thursday was the Nasdaq’s 30th since early April. They both logged four positive weeks out of the past five, getting the new month off to a solid start after strong September and third-quarter performances. Jim Cramer said on Tuesday, hours before federal funding ran out, that a government shutdown is a non-event. “I don’t want anyone to sweat it,” he added. The market came to the same…
Oct 04 2025
