Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Equities felt the pressure today as the shutdown dragged on and the market absorbed a wave of negative headlines. Weak labor data set the tone early, with Challenger job cuts showing a clear sign that hiring momentum is slowing. That added another layer of stress to an already cautious market.



The shutdown remains the main force behind every move. Prediction markets now price a 43 percent chance that Washington resolves it by November 15 and a strong 91 percent chance by the end of November. Until there is clarity, investors are treating every development as a risk factor rather than an opportunity.

Fed officials also kept their tone firm, reminding markets that policy will not shift simply because sentiment is shaky. Analysts still expect a deal by late next week, but until then equities will stay volatile.

#Markets #Stocks #Economy
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)