Wall Street closes higher: 3 key indexes rose in September
Wall Street closed higher on Tuesday, the main event in U.S. financial markets. The three major stock market indexes posted daily, monthly, and quarterly gains, despite the volatility generated by the possibility of a partial federal government shutdown.
Results of the day
According to preliminary figures, the S&P 500 index rose 26.61 points, or 0.40%, to 6,687.82. The Nasdaq Composite gained 64.58 points, or 0.29%, to close at 22,655.74. Meanwhile, the Dow Jones Industrial Average advanced 89.74 points, or 0.19%, to 46,405.81.
With these results, the S&P 500, Nasdaq, and Dow all completed their second consecutive quarter of gains. Furthermore, the S&P 500 and Dow have accumulated five consecutive months of gains, while the Nasdaq recorded its sixth consecutive monthly gain.
Among the economic data released during the day, the U.S. Department of Labor reported that job openings increased slightly in August, although both hiring and layoffs declined. At the same time, consumer confidence fell more than expected in September, generating signs of caution in the market.
Political warning and possible closure
US President Donald Trump issued a message to Democratic lawmakers on Tuesday, warning that allowing a federal shutdown would open the door to "irreversible" measures from his administration. Although such shutdowns have not had a profound impact on markets in the past, analysts noted that the current economic vulnerability could amplify the consequences of a potential government shutdown.
Meanwhile, Vice President JD Vance stated that the impasse in budget negotiations with the opposition could lead to a temporary suspension of the government, which would delay the release of key economic data, including the jobs report scheduled for Friday. This report is considered crucial by the Federal Reserve, which assesses the gradual deterioration of the labor market before deciding on further interest rate cuts.
XTB economist Kathleen Brooks said a delay in the release of the non-farm payrolls report could trigger volatility, but would not prevent the rate cut expected in October.
Europe also closed with gains
Internationally, European stocks rose on Tuesday after reversing early losses. The pan-European STOXX 600 index gained 0.5%, achieving its best monthly performance since May. The boost came from sectors such as media, retail, and industrials.
In contrast, energy companies suffered losses following expectations that OPEC+ would increase crude oil supply, which put downward pressure on oil prices. France's TotalEnergies and Britain's BP each fell more than 1%. Declines were also recorded in the automotive and travel and leisure sectors.
Expectations for October
The fact that Wall Street is closing with gains amid this political and economic climate highlights the resilience of the financial markets, although the coming weeks will be marked by anticipation of the employment report and the Federal Reserve's decisions.
partial government shutdown is confirmed and how investors react to new signals from the labor market.
The fact that Wall Street closed with gains despite the threat of a government shutdown and declining consumer confidence demonstrates the market's ability to sustain itself amid uncertainty. Upcoming economic reports and Federal Reserve decisions will determine whether this positive trend continues or leads to further corrections.
