US Stock Market Rises Despite Shutdown Risks in 2025

Dollar Weakens Amid Trade Tensions and Fed Outlook

US stocks rose despite looming government shutdown risks. Meanwhile, the US dollar fell due to trade tensions, growth concerns, and speculation that the Federal Reserve will cut interest rates.

Consumer Confidence Hits Lowest Level Since April 2025

The labor market added 7.227 million jobs, but the unemployment rate rose as the number of unemployed increased by 0.979 million. This highlighted weaker job conditions and lowered consumer confidence to 94.2, the lowest since April 2025.

Weaker economic indicators and falling demand for labor boosted expectations of interest rate cuts by the Fed. This pressured the dollar but provided some support for risky assets.