US stock futures remained relatively stable on Thursday after the S&P 500 achieved new all-time highs. Investor sentiment appeared to be largely unaffected by the ongoing government shutdown and weaker-than-expected private payroll data. Pharmaceutical stocks experienced gains following a government announcement on drug pricing.
- The Dow Jones added 0.09% on Wednesday.
- US stock futures were little changed on Thursday.
- Investors largely dismissed concerns over the ongoing government shutdown.
The slight increase in the Dow Jones amidst a government shutdown and weak payroll data indicates underlying market resilience. While other factors, such as pharmaceutical stock gains, may have contributed, the index’s stability suggests a degree of investor confidence, even in the face of potential economic headwinds.
