US Stock Market Today: S&P, Dow, Nasdaq See Muted Trade Amid Eye Fed Signals Amid Government Shutdown
The federal government shutdown threatens to delay upcoming economic data releases, leaving investors with fewer signals to navigate an already volatile market.
The benchmark US equity indices saw muted trade on Thursday, as investors awaited fresh guidance on interest rates from Federal Reserve officials.
Market participants were digesting minutes from the Fed's latest policy meeting while also gauging the continued hype around artificial intelligence, which has fuelled a strong rally through much of 2025.
Adding to the cautious tone, the federal government shutdown, now in its second week, shows little sign of resolution. The impasse threatens to delay upcoming economic data releases, leaving investors with fewer signals to navigate an already volatile market.
As of 09:45 p.m., the Dow Jones Industrial Average was trading 0.32% lower, the S&P 500 was also down 0.24% while the Nasdaq Composite fell to 0.17%.
Only two of the 11 sectoral indices was trading in the green. Consumer staples and information technology led the advance, while the industrials sector led the declining sectors.
Tech and healthcare stocks showed mixed movements in trade on Thursday. Nvidia rose 2.5% to $193.83, supported by heavy trading volume of 116 million shares, while AMD slipped 0.97% to $233.27. Tesla fell 1.27% to $433.14, and Amazon.com edged down 0.45% to $224.21.
Intel added 0.64% to $37.67, whereas Palantir dipped 0.42% to $182.79. Taiwan Semiconductor fell 1.95% to $298.59, while UnitedHealth inched up 0.48% to $371.68.
Spot gold traded volatile around $3,983 per ounce, declining over 1%. Crude oil prices dipped, with the West Texas trading 1.36% lower at $61.70 per barrel.
The Bloomberg Dollar Index rose 0.56% to 99.46, with the British Pound down 0.78% at 1.3296 euros and the Japanese yen up 0.26% to 153.09 per dollar. Bitcoin, the largest traded cryptocurrency saw a decline to $120,703.
Minutes after the market opened, the S&P 500 was up 0.09% or six points at 6,759.68, while the tech-heavy Nasdaq index opened flat at 23,042.67. The Dow Jones Industrial Average opened 0.16% higher at 46,677.89.