The U.S. stock market began the new week in positive territory as investors showed optimism despite the looming threat of a government shutdown caused by budget deadlock. Futures of major indexes all gained, with the S&P 500 up 0.3%, the Nasdaq 100 rising 0.4%, and the Dow Jones posting a modest increase in Sunday evening trading (ET).
Technology stocks continued to drive the market, supported by expectations of ongoing growth in artificial intelligence and the possibility that the Federal Reserve (Fed) may soon cut interest rates. The upbeat sentiment from last week—when major indexes hit new record highs—remains strong across Wall Street.
However, macroeconomic risks still persist. The partial shutdown of the U.S. government has delayed the release of several key economic indicators, including nonfarm payroll data, trade reports, and unemployment figures. This delay makes it more difficult for investors to assess the next direction of the economy and monetary policy.
Even so, the previous trading week recorded an impressive market rally, led by gains in technology stocks. Private employment data and layoff reports from organizations such as Challenger and ADP indicated a cooling labor market, reinforcing expectations that the Fed could ease monetary policy sooner than anticipated.
By the end of the week, the S&P 500 remained stable, the Nasdaq Composite slipped slightly during the session but posted strong weekly gains, while the Dow Jones also recorded moderate growth—reflecting growing investor confidence in the recovery momentum of the U.S. economy.
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