The US government shut down last week, and markets barely noticed. If the closing of federal agencies, which is delaying key economic reports, is a risk factor, it’s not obvious on Wall Street. All the major asset classes continued to rally through for the trading week through Friday, Oct. 3, based on a set of ETFs.
Daily Archives: October 6, 2025
Macro Briefing: 6 October 2025
The US services sector stalled in September, downshifting to the weakest pace since 2020 via the survey-based ISM Services Index. The index dropped to a neutral 50 reading. The employment component of the ISM services gauge shows shows the number of workers in the sector contracting for fourth straight month.
