US equity indices open in the red on Wednesday. (Image source: Canva stock) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Wall Street benchmarks pared their opening losses to trade largely unchanged on Wednesday, with investor sentiment dampened as the US government shutdown threatens a blackout in economic reports that are crucial to the the central bank's operations on the monetary policy front.

The political deadlock in Washington, which halted all but essential federal services after Congress missed its midnight funding deadline, is disrupting the release of key economic data.

With government offices closed, investors will not get updates this week on jobless claims, factory orders, or September's hiring report — figures that typically guide Wall Street's forecasts

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