Markets Unfazed by Government Shutdown as US Stocks, Yields Hold Steady

Wall Street shrugged off the second day of the U.S. government shutdown, with stocks and bonds little changed on Oct. 2.
The S&P 500, a broad market index, reached a new all-time intraday high, but pared its gains and slipped by about 0.1 percent. The index is looking to register another sizable weekly boost.
The blue-chip Dow Jones Industrial Average dipped by 0.2 percent in intraday trading and is on track for a modest weekly gain. This year, despite the springtime selloff, the Dow Jones is up by 9 percent.
The tech-heavy Nasdaq Composite Index rose by 0.1 percent to a record high. The Nasdaq has surged by 18 percent year to date and is also poised for a solid weekly increase….