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US Faces First Shutdown in Seven Years | Open Interest 10/01/2025

Bloomberg•Wednesday, October 1, 2025 at 7:03:28 PM
NegativeFinancial Markets
US Faces First Shutdown in Seven Years | Open Interest 10/01/2025
The US government has shut down for the first time in nearly seven years, marking a significant political impasse as Democrats and Republicans remain deadlocked. This shutdown, the third under President Trump, comes at a time when private payrolls have unexpectedly dropped by 32,000, raising concerns about the economy. As risks increase, markets are struggling as they enter the fourth quarter, while gold prices hit new highs. Additionally, Nike is making a comeback, but Peloton faces challenges with its new product launch, putting pressure on its stock. This situation highlights the ongoing challenges in US governance and its impact on the economy.
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