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Global shares mostly decline as markets brace for possible US government shutdown
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....lobal shares mostly decline as markets brace for possible US government shutdown<BR>PTI News<BR>Dated:- 30-9-2025<BR>PTI<BR>Tokyo, Sep 30 (AP) Global shares were mostly lower in narrow trading on Tuesday as investors braced for a possible US government shutdown. France's CAC 40 dipped 0.5 per cent in early trading to 7,845.73. Germany's DAX lost 0.1 per cent to 23,718.17. Britain's FTSE 100 lost....
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.... 0.2 per cent to 9,282.13. US shares were set to drift lower with Dow futures down 0.2 per cent at 46,518.00. S&P 500 futures fell 0.2 per cent to 6,703.75. In Asia, Japan's benchmark Nikkei 225 declined nearly 0.3 per cent to finish at 44,932.63. China reported lacklustre data on factory activity for September that reflects persistent weakness in the world's second-largest economy as trade te....
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....nsions with the US weigh on exports. Hong Kong's Hang Seng gained 0.9 per cent to 26,855.56. The Shanghai Composite index added 0.5 per cent to 3,882.78. Australia's S&P/ASX 200 edged down 0.2 per cent to 8,848.80. South Korea's Kospi slipped nearly 0.2 per cent to 3,424.60. The US federal government is nearing a budget deadline that could result in its shutdown. Past shutdowns have been sho....
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....rt-lived and have had minimal impact on markets and the economy. But if the stalemate between Democratic and Republican lawmakers persists, that could delay the collection and release of economic data, such as on jobs and inflation. This shutdown may also be different because the White House may push for large-scale firings of federal workers. “It feels as though the market has already flogg....
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....ed the government shutdown story from every conceivable angle, the way traders circle a fading theme until there's nothing left but dust. Yet with the clock ticking down to less than 24 hours before the doors are slated to close in Washington, the narrative refuses to die,” said Stephen Innes, managing partner at SPI Asset Management. A report is due on Friday about how many jobs US employers ....
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....created and cut last month. The hope is that it will be balanced enough to keep the Federal Reserve on track to continue cutting interest rates. If Friday's job numbers prove too strong, they could make the Fed less willing to cut rates. That could hurt stocks, which already face criticism that they've become too expensive following their big rally. In energy trading, benchmark US crude fell 9....
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....7 cents to USD 62.48 a barrel. Brent crude, the international standard, lost USD 1.02 to USD 66.95 a barrel. The US dollar rose to 148.87 Japanese yen from 148.60 yen. The euro cost USD 1.1761, up from USD 1.1727. (AP) SKS SKS<BR> News - Press release - PIB....