Wall Street Defies Shutdown, Indexes Hit Records on AI Enthusiasm and Rate Cut Hopes
The U.S. stock market concluded a remarkable Friday, October 3, 2025, with major indexes largely shrugging off a persistent government shutdown to achieve new record highs. Investor sentiment was predominantly fueled by an unwavering optimism surrounding artificial intelligence (AI) advancements and growing expectations for further interest rate cuts by the Federal Reserve. Despite some mixed performance in the tech sector, the broader market demonstrated significant resilience, marking a historic week for ...