Asian shares are mixed in narrow trading as investors brace for a possible U.S. government shutdown
People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Sept. 30, 2025, in Tokyo. Asian shares were mixed in narrow trading Tuesday as investors braced for a possible U.
S. government shutdown.China reported lackluster data on factory activity for September that reflect persistent weakness in the world's second largest economy as trade tensions with the U.S. weigh on exports.Elsewhere in Asia, Australia's S&P/ASX 200 edged down 0.2% to 8,847.00. South Korea's Kospi slipped nearly 0.1% to 3,428.28. Past shutdowns have been shortlived and had minimal impact on markets and the economy. But if the stalemate between Democratic and Republican lawmakers persists, that could delay the collection and release of economic data, such as on jobs and inflation.“It feels as though the market has already flogged the government shutdown story from every conceivable angle, the way traders circle a fading theme until there’s nothing left but dust. Yet with the clock ticking down to less than 24 hours before the doors are slated to close in Washington, the narrative refuses to die,” said Stephen Innes. managing partner at SPI Asset Management. The S&P 500 added 0.3% to 6,661.21 and the Dow Jones Industrial Average edged 0.1% higher, to 46,316.07. The Nasdaq composite climbed 0.5% to 22,591.15.Big Tech stocks ticked higher. Amazon added 1.1% following its 5.1% drop last week, and Microsoft rose 0.6% to recover some of its 1.2% decline. They were two of the strongest forces lifting the S&P 500 because they’re two of Wall Street’s most valuable stocks. A report is due Friday about how many jobs U.S. employers created and cut last month. The hope is that it will be balanced enough to keep the Federal Reserve on track to continue cutting interest rates., and officials have penciled in more through the end of next year. That’s critical for investors because U.S. stocks have shot to recordsin large part because of expectations for several cuts from the Fed. Easier rates can give the job market a boost and make investors more willing to pay high prices for stocks and other investments. If Friday’s job numbers prove too strong, they could make the Fed less willing to cut rates. That could hurt stocks, which already face criticism that they’ve become too expensive following their big rally. If the job numbers are too weak, they could mean a recession that would hurt stock prices on its own.. A group of investors will pay $210 in cash for each share of EA, and they are calling it history’s largest all-cash deal to take a business private. Gold topped $3,850 per ounce to continue its record-breaking run amid expectations for cuts to interest rates by the Fed, along with worries about inflation and the mountains of debt that governments are carrying worldwide. In other dealings early Tuesday, benchmark U.S. crude fell 25 cents to $63.20 a barrel. Brent crude, the international standard, lost 39 cents to $67.58 a barrel.
Economy Business Financial Services Stocks And Bonds Financial Markets World News General News Washington News Article 126065550
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY strengthens to near 149.50 as US PCE data reinforces Fed dovish betsThe USD/JPY pair loses ground to around 149.50 during the early Asian session on Monday.
Read more »
A TikTok-Ready Pan-Asian Restaurant and Karaoke Bar Is Opening in Union MarketThe website that Washington lives by.
Read more »
Asian shares trade in a narrow range as traders brace for a possible US government shutdownAsian shares are little changed in narrow trading as investors brace for a possible U.S. government shutdown.
Read more »
Asian stocks are little changed as possible US government shutdown loomsAsian shares are little changed in narrow trading as investors brace for a possible U.S. government shutdown. U.S. futures were flat early Tuesday and oil prices fell. China reported lackluster data on factory activity. The U.S. government is nearing a budget deadline that could result in its shutdown.
Read more »
Asian shares trade in a narrow range as traders brace for a possible US government shutdownAsian shares are little changed in narrow trading as investors brace for a possible U.S. government shutdown.
Read more »
Cryptocurrencies Price Prediction: Dogecoin, Chainlink & Cardano — Asian Wrap 30 SeptemberAmid rising heat around ETFs, Dogecoin faces opposition from the 50-period Exponential Moving Average (EMA) on the 4-hour chart.
Read more »