Gold Hits Record Amid U.S. Government Shutdown
Gold prices hit record highs as a partial U.S. government shutdown loomed, while equity markets remained largely unfazed — the S&P 500 closed up 0.3% at a new all‑time high and the Dow also finished in record territory. Carson Group data show that across 22 shutdowns since 1976 the S&P 500 averaged a 0.3% gain during shutdowns and a 13% gain in the 12 months after, though analysts caution a prolonged impasse or additional policy risks such as new tariffs could change that historical pattern.
Finance
Economy
🔍 Key Facts
- CBS MoneyWatch posted on 2025-10-01 that investors were largely unfazed by the U.S. government shutdown.
- On the day of reporting the S&P 500 closed up 0.3% and set a new all-time high; the Dow also finished in record territory.
- Carson Group analysis cited that across 22 government shutdowns since 1976 the S&P 500 averaged a 0.3% gain during shutdowns.
- The Carson Group analysis also found the S&P 500 delivered an average gain of 13% in the 12 months following shutdowns.
- Analysts quoted in the report explained why markets often shrug off shutdowns.
- Those analysts warned that the typical market calm could change if a shutdown is prolonged or accompanied by other policy risks, such as new tariffs.
📰 Sources (2)
Investors are unfazed about the government shutdown. Here's why.
New information:
- Carson Group analysis cited: across 22 shutdowns since 1976 the S&P 500 averaged a 0.3% gain during shutdowns and a 13% average gain in the 12 months following shutdowns.
- Specific market action the day of reporting: the S&P 500 closed up 0.3% and set a new all‑time high; the Dow also finished in record territory.
- Sourced analyst commentary explaining why markets often shrug off shutdowns and caveats on how extended impasses or concurrent policy risks (new tariffs) could change that view.