Governent Shuts Down And Records Continue
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Markets reached new highs despite the government shutdown, with the Dow and S&P 500 setting records. AMD's stock surged over 20% following a significant chip deal with OpenAI, which could generate billions in revenue. Investors remain optimistic about potential Fed rate cuts, viewing the shutdown as a temporary political issue. Bitcoin also hit a new record, trading over $125,000. Upcoming reports on crude oil inventories and mortgage applications are anticipated, alongside earnings from Constellation Brands.
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