US Government Shutdown Impact on Global Markets
The United States government shutdown has caused global investors to brace for consequences, with stocks retreating and gold reaching record highs. The shutdown resulted from a funding deadlock between Democrats and Republicans, affecting investments, paychecks, economic reports, and benefit programs. Despite the shutdown, analysts predict that U.S. stocks may still perform well. The Senate's failure to pass a funding bill has heightened concerns about the shutdown's impact on the economy and financial markets.