Wall Street Continues to Break Records: Government Shutdown Does Not Affect It

Futures Indices Continue to Rise

In the U.S., stock futures indices continue to rise following record levels seen on Wall Street. The Dow Jones Industrial Average increased by 104 points, gaining 0.22 percent, bringing joy to investors. The S&P 500 futures index showed a 0.3 percent increase, while the Nasdaq-100 is up by 0.4 percent, exhibiting a positive trend.

Markets Unfazed by Government Shutdown

Despite the uncertainty created by the potential closure of the U.S. federal government, investors' optimism is not going unnoticed in the markets. Tom Lee, head of research at Fundstrat, stated that the government shutdown is a 'secondary' issue for the market and emphasized that investors should act with the right strategies.

Could the S&P 500 Rise by Year-End?

Lee forecasted that the S&P 500 index could reach at least 7,000 points by the end of the year, suggesting that this figure could rise even higher. Given the complexity and shortcomings of economic data, a cautious approach is recommended for investors. Lee advised adopting a 'buy the dips' strategy during periods when stocks are performing poorly.

Forward-Looking Expectations

Investors' positive outlook on stock performance, combined with other methods, presents encouraging signals for a potential rise in the markets. Overall, expectations for the stock market to remain strong in the final quarter of the year are increasing.