The S&P 500 has historically shrugged off shutdowns, moving little on average across the last 20 episodes, according to data compiled by Truist. (Photo source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The United States entered its 15th government shutdown since 1981 on Oct. 1 after the Senate failed to extend federal funding, forcing several key government operations to halt. The impasse between Congress and the White House has unsettled investors, with the US dollar index slipping to a one-week low and the markets opening in the red.

Minutes into the trade on Wednesday, the Dow Jones Industrial Average fell 121 points or 0.26%, the S&P 500 was also down 0.47% while Nasdaq fell 0.59% or nearly 134 points.

The S&P 500 has historically shrugged off shut

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