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Wall Street Hits Record Highs As Rate Cut Bets Offset Shutdown: This Week In Markets
Benzinga·2025-10-03 20:15

Wall Street soared to fresh record highs at the end of the week, brushing aside the 21st U.S. government shutdown in history and a missing jobs report, as investors doubled down on bets for interest rate cuts and cheered strong gains in pharmaceutical and AI-driven tech stocks.PFE is trading in a tight range. Check the full analysis here.The S&P 500, Nasdaq 100, Dow Jones Industrial Average and Russell 2000 all reached record highs on Friday, as traders largely ignored the budget impasse in Washington and f ...