US stock indices open higher on Wednesday; Nasdaq Index up 0.27%; S&P 500 Index up 0.19%; Dow Index up 0.27%
U.S. stock indices opened higher on Wednesday, despite the ongoing government shutdown. The S&P 500 climbed 0.3%, reaching an all-time high, while the Dow Jones Industrial Average added 0.1% to its record set the day before. The Nasdaq composite rose 0.4%, continuing its upward trend .
The S&P 500 rose 22.74 points, or 0.3%, to 6,711.20, while the Dow Jones Industrial Average rose 43.21 points, or 0.1%, to 46,441.10. The Nasdaq composite rose 95.15 points, or 0.4%, to 22,755.16. The Russell 2000 index of smaller companies also gained, rising 5.87 points, or 0.2%, to 2,442.35 .
For the week, the S&P 500 is up 67.50 points, or 1%, and the Dow is up 193.81 points, or 0.4%. The Nasdaq is up 271.09 points, or 1.2%, and the Russell 2000 is up 8.03 points, or 0.3% .
The bond market saw Treasury yields sink after a report from ADP Research suggested that hiring outside the government may have been much weaker last month than economists expected. Additionally, a report on U.S. manufacturing was weaker than expected .
Investors have shown resilience in the face of the government shutdown, with stock indices continuing to reach new highs. This indicates a strong market confidence, despite the ongoing political uncertainty .
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