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Stock Traders Brace for Extended Shutdown Amid Lofty Valuations

Markets

Geoffrey Morgan, Bernard Goyder, Matthew Griffin

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October 5, 2025

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Bloomberg

Ahead of the crucial earnings season, threats to the torrid US stock market rally are compounding. With no end in sight for the government shutdown, traders are gearing up for the aftermath as equity valuations are at eye-watering levels and the labor market shows signs of cooling.

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