Stock Market Dips After Record High, U.S. Shutdown Ends

Canadian stocks experienced a minor setback after reaching a new high, while U.S. stock futures fluctuated following the end of the longest government shutdown in history. The shutdowns impact on economic growth and the potential loss of key data for the Federal Reserves December interest rate decision are causing uncertainty. In tech, Cisco Systems raised its annual guidance, while Flutter Entertainment cut its full-year outlook. Oil and gold prices also saw shifts, with gold climbing above $4,200 an ounce due to economic uncertainty.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.