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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>By Saqib Iqbal AhmedSun, October 5, 2025 at 2:59 PM GMT+2 3 min readBy Saqib Iqbal AhmedNEW YORK (Reuters) -The U.S. government shutdown tops investors' agenda next week as markets head into the seasonally strong fourth quarter, with equities near record highs bracing for an earnings-season test later this month.A deep partisan rift in Washington led to a federal government shutdown that risks delaying crucial economic data and could potentially muddy the Federal Reserve's policy-easing outlook.Few on Wall Street expect the Washington impasse to derail a rally that has lifted the S&P 500 by 14% to repeated record highs, but with little in the way of major data or earnings, the Capitol Hill drama is set to dominate investor focus."The shutdown and the potential reopening ... that's going to get almost all investor attention," said Mark Hackett, chief market strategist at Nationwide.Investors' main worry is that the shutdown will suspend the flow of timely economic data.Should the data drought last several weeks, it could cause confusion about the Fed's monetary policy path, as the central bank will be without government data that helps guide its decisions. It also poses a possible drag on economic growth the longer it extends.But for now, there is little reason to panic, investors said.BULLS IN CHARGEDespite some softness in labor data, the U.S. economy has borne the onslaught of trade and tariff headlines well and corporate earnings have supported stocks' march higher.Analysts as of Thursday expected earnings from S&P 500 companies to increase 8.8% in the third quarter from a year ago, up from forecasts of 8.0% growth at the start of July, according to LSEG data."In my opinion, lack of data actually puts more burden of proof on bears than it does on bulls," Hackett said.Investors will get a taste of the upcoming earnings season, with Levi Strauss and Delta Air Lines set to report results on Thursday."The most likely scenario is the market's just kind of calm ... moving sideways during the shutdown," Hackett said.KEY Advisors Wealth Management CEO Eddie Ghabour, who sees the shutdown possibly stretching for two to four weeks, echoed the sentiment."If we're right on the shutdown stretching out, if you get extra stimulus in the economy in the form of two more rate cuts, and then the government is back in business, you're going to see a huge re-acceleration of growth in the economy and the equity markets," Ghabour said.Investors will get a read on what Fed policymakers were thinking when they cut rates in September when the minutes of that meeting are released on Wednesday.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,778.75 -10.00 (-0.15%)Dow Futures46,888.00 -70.00 (-0.15%)Nasdaq Futures25,144.00 -40.75 (-0.16%)Russell 2000 Futures2,495.00 -6.00 (-0.24%)VIX16.37 -0.28 (-1.68%)Gold3,998.40 +22.10 (+0.56%)PortfolioSign in to access your portfolioSign inTop gainersORBS Eightco Holdings Inc. 11.07 +2.83 (+34.34%)AMD Advanced Micro Devices, Inc. 203.71 +39.04 (+23.71%)SANM Sanmina Corporation 140.00 +25.92 (+22.72%)MFH Mercurity Fintech Holding Inc. 35.79 +6.38 (+21.69%)AAOI Applied Optoelectronics, Inc. 33.79 +5.86 (+20.98%)Top losersAPP AppLovin Corporation 587.00 -95.76 (-14.03%)CVCO Cavco Industries, Inc. 498.60 -71.83 (-12.59%)QUBT Quantum Computing Inc. 22.16 -2.46 (-9.99%)SKY Champion Homes, Inc. 69.50 -6.85 (-8.97%)FRMI Fermi Inc. 26.35 -2.25 (-7.87%)Most activePLUG Plug Power Inc. 4.1300 +0.3299 (+8.68%)OPEN Opendoor Technologies Inc. 9.28 +1.17 (+14.43%)AMD Advanced Micro Devices, Inc. 203.71 +39.04 (+23.71%)NVDA NVIDIA Corporation 185.54 -2.08 (-1.11%)ACHR Archer Aviation Inc. 13.64 +2.07 (+17.89%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersAMD Advanced Micro Devices, Inc. 203.71 +39.04 (+23.71%)APP AppLovin Corporation 587.00 -95.76 (-14.03%)SPRB Spruce Biosciences, Inc. 130.40 +121.58 (+1,378.46%)TMQ Trilogy Metals Inc. 2.0900 +0.0100 (+0.48%)VZ Verizon Communications Inc. 41.44 -2.23 (-5.11%)Top economic events