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The Economy Was Weakening Before The Government Shutdown
Forbes·2025-10-08 05:35

Despite the Federal Government shutdown on Wednesday, the financial markets hit new all-time highs this week. The S&P 500, DJIA, and Russell 2000 all closed at new record highs on Friday (October 3rd).1 The Nasdaq hit a new record high on Thursday. The table shows weekly gains between 1% and 2% for the four major indexes. The far right-hand column shows year-to-date index changes. As can be seen, three of the indexes (S&P 500, Nasdaq, Russell 2000) have advanced at double-digit rates so far in 2025 (S&P 500 ...