TL;DR
US stock markets closed mostly higher on Monday, led by strong gains in technology shares. The Nasdaq rose 0.8% and the S&P 500 was up 0.42%. The Dow Jones, however, fell slightly by 0.07%. Tech companies like Nvidia and Oracle saw strong demand. At the same time, investors remained careful due to the risk of a government shutdown and an important jobs report due this week.
Tech leads the rally
US markets opened the week on a positive note. The Nasdaq gained 0.8%, supported by strong buying in tech stocks. The S&P 500 also rose 0.42%, closing near 6,672 points. Nvidia, Oracle, and Palantir Technologies were among the top performers. These companies are growing due to high demand for artificial intelligence and cloud computing. Palantir has gained over 100% this year. Nvidia is up nearly 30%.
Dow stays weak as other sectors lag
The Dow Jones fell by 0.07%, closing near 46,217 points. This shows that not all sectors are moving up. Energy stocks went up slightly as oil prices increased. Healthcare and consumer goods stayed flat. Some income stocks also did well. CION Investment Corporation has a high dividend yield. Grupo CIBEST showed strong earnings growth.
Government shutdown risk increases caution
Investors are watching the US Congress closely. If lawmakers do not pass a funding bill by Tuesday night, the government may shut down. This would affect federal services and delay economic data. Many investors are not taking big risks because of this. They are waiting for more clarity before making major decisions.
Jobs data will guide markets next
The September jobs report is expected later this week. Experts believe the economy added around 43,000 jobs last month. The unemployment rate is likely to stay near 4.3%. This report is important. A strong report could raise fears of inflation. A weak report may point to an economic slowdown. Either way, the numbers will affect how investors act and what the US Federal Reserve does next.
Markets still up for September
Even with daily ups and downs, markets have gained in September. The Nasdaq is up 2.9% this month. The S&P 500 has risen 2.8%. The Dow is also up 1.5%. Investors are hopeful about long-term growth, mainly because of strong tech performance.
FAQs Q: Why did the Nasdaq go up today? Because tech stocks like Nvidia, Oracle, and Palantir rose sharply due to high demand for AI and cloud services.
Q: What is the risk of a government shutdown? If Congress does not pass a funding bill, many federal services could stop, and key economic data could be delayed.
Q: Why is the September jobs report important? It will show if the job market is growing. The results may affect interest rate decisions and market direction.
