Stock Market Today: Markets Split as Tech Powers Gains and Gold Tops $4,000
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The S&P 500 rose 0.58% to 6,753.72, and the Nasdaq Composite jumped 1.12% to 23,043.38, driven by technology gains. The Dow Jones was flat at 46,601.78. Gold surpassed $4,000/oz due to safe-haven buying amid a government shutdown and expectations for Fed rate cuts. The shutdown affects economic visibility, with traders concerned about potential delays in key economic data releases, which could influence future Fed decisions and Social Security adjustments.
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