AI Optimism and Tech Surge Drive U.S. Markets to Record Highs Amidst Government Shutdown
The U.S. stock market demonstrated remarkable resilience and upward momentum on Thursday, October 2, 2025, with major indexes closing at or near record highs. Despite the ongoing U.S. government shutdown, investor confidence was largely buoyed by an insatiable appetite for artificial intelligence (AI) innovation and growing expectations of future interest rate cuts by the Federal Reserve. The tech and healthcare sectors were primary drivers of the day's gains, overshadowing political uncertainties and delay ...