Dow Jones index sets new record despite risk of US government shutdown

At the end of the trading session on September 30, the Dow Jones index reached a record high, despite concerns about the possibility of a partial US government shutdown due to a deadlock in budget negotiations.

Traders at the New York Stock Exchange, USA. Photo: THX/TTXVN

The new record high of the Dow Jones marks a vibrant period of the US stock market, when all three key indexes set new peaks in the third quarter of 2025, ending with the trading session on September 29.

Throughout the session, the major indexes of the US stock market fluctuated continuously, before all increasing points at the end of the session. The Dow Jones Industrial Average increased 0.2% to 46,397.89 points - setting a new record. The S&P 500 index increased 0.4% to 6,688.46 points, the Nasdaq index increased 0.3%, closing the session at 22,660.01 points.

If no breakthrough is reached in negotiations, some federal government operations will be suspended from midnight on September 30. Negotiations between President Donald Trump and congressional leaders from both parties ended on September 29 without any significant progress.

Art Hogan, an expert at B. Riley Wealth Management, said the market appears to be ignoring the risk of a government shutdown.

According to analysts, the government shutdown will not have a major impact on the US economy unless it is prolonged. Although some services are disrupted, experts expect the economy to recover when the government is back in operation. However, the government shutdown will delay the release of important economic data, including the September 2025 jobs report - scheduled for October 3.

Neil Wilson, investment strategist at Saxo, said markets typically don’t react strongly to government shutdowns, as most last only a few days. Investors tend to take a long-term view, and short-term disruptions don’t typically have a significant impact on corporate profits. But he warned this time could be different, as deep political divisions could lead to a prolonged shutdown, which could have a negative impact on the stock market. He also noted that recent shifts in economic policy, coupled with the White House’s threat of mass layoffs, have increased uncertainty and the risk of a recession.

Analysts say optimism about artificial intelligence and expectations of a rate cut by the Federal Reserve have fueled the stock rally. However, some economic data is showing signs of weakness. The Conference Board's consumer confidence index fell 3.6 points to 94.2 in September 2025 - its lowest level since April 2025 - reflecting growing concerns about inflation.

In Vietnam, at the end of the trading session on September 30, the VN-Index decreased by 4.78 points (0.29%) to 1,661.7 points, the HNX-Index decreased by 1.99 points (0.72%) to 273.16 points.

Source: https://baotintuc.vn/thi-truong-tien-te/chi-so-dow-jones-lap-ky-luc-moi-bat-chap-nguy-co-chinh-phu-my-dong-cua-20251001083911551.htm