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Dow stock price today the dow stock price today faces
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The dow stock price today faces moderate resistance due to profit-taking ahead of the FOMC minutes release. A close above 38,450 could signal renewed buying pressure. The Head of Global Fixed Income Strategy at Wells Fargo, Brian Rehling , advises investors to look past the current political impasse in Washington, suggesting a potential government shutdown will likely have a negligible long-term impact on the economy and markets. While a shutdown could cause modest, short-term pressure and volatility, historical precedent shows such events do not typically cause systemic disruptions. Wall Street has largely shrugged off the initial stages of the US government shutdown. Its impact was felt in investor circles Friday, as it delayed the release of the data , leaving Wall Street and the Federal Reserve in the dark. In its absence, Wall Street has turned to a bevy of private data that has confirmed the labor market's sharp slowdown this week. The dow stock price today is marginally higher following positive sentiment from global markets, particularly strong Asian equity closes overnight.