Reported 2 days ago
On October 7, 2025, major stock indices ended lower, with the S&P 500 falling 0.38% and the Nasdaq down 0.55%, as chipmakers, which had previously surged, retreated. The declines were influenced by cautious comments from Fed officials on inflation and a prolonged US government shutdown, which has dampened market sentiment. Despite a positive outlook on AI sector growth, disappointing consumer credit growth added to market concerns, while gold prices rose following increased demand. Investors are also focused on potential developments regarding trade tariffs and the government shutdown.
Source: YAHOO