CNBC Daily Open: The U.S. government shuts down after stocks end September buzzing

The U.S. authorities has unopen down.

Around 750,000 national employees— including those successful the Bureau of Labor Statistics — might beryllium furloughed, according to the Congressional Budget Office. If that happens, September's jobs study will not beryllium released arsenic scheduled connected Friday, leaving the Federal Reserve and investors successful the acheronian astir the authorities of the U.S. labour market.

While the shutdown was lone confirmed astir 9 a.m. Singapore clip (9 p.m. ET), it appeared imminent during trading hours Tuesday. But markets seemed to motion disconnected specified concerns, with the Dow Jones Industrial Average adjacent hitting a caller high.

Shares of Nvidia besides closed astatine a record, which pushed the institution past a $4.5 trillion marketplace cap, portion CoreWeave banal jumped astir 12% connected an artificial quality infrastructure statement with Meta.

Indeed, the flurry of AI deals announced during the month, with OpenAI astatine the center of galore of them, turbocharged the banal market. In September, the S&P 500 added much than 3%, blowing past its humanities mean of a 4.2% autumn for the month.  

While the U.S. authorities has been enactment to slumber arsenic September ended, investors, hopefully, had their eyes peeled during the month.

The U.S. authorities shuts down. That's the effect of Republicans and Democrats failing to scope a deal to walk a stopgap backing bill. Catch the latest updates connected the authorities shutdown connected CNBC's unrecorded blog.

Berkshire Hathaway reportedly eyeing $10 cardinal deal. Warren Buffett's conglomerate is reaching a woody to bargain OxyChem, Occidental Petroleum's petrochemical unit, according to The Wall Street Journal connected Tuesday. If finalized, it'd beryllium Berkshire's biggest woody since 2022.

India holds involvement rates steady. The Reserve Bank of India kept rates astatine 5.5% Wednesday, arsenic expected by a Reuters canvass of economists. June's half-point chopped hasn't filtered done the economy, the RBI's politician said.

U.S. stocks extremity September higher. Major banal indexes roseate Tuesday, with the Dow Jones Industrial Average closing astatine a record. Asia-Pacific markets were mixed Wednesday. Japan's Nikkei 225 sank aft a survey of concern sentiment came successful little than expected.

[PRO] Barclays' picks for UK stocks. London's FTSE 100 has outperformed the S&P 500 and the pan-European Stoxx 600 twelvemonth to date. Barclays, successful a Sept. 30 note, named its "best ideas" to play this market.

Russia has go a imperishable information menace to Europe, Luxembourg PM says

Europe is not astatine warfare with Russia, but it needs to instrumentality its threats seriously, Luxembourg's caput of authorities told CNBC Tuesday successful an exclusive interview.

A fig of European nations person flagged caller Russian threats successful caller weeks. It has led immoderate European officials, including the EU's Commissioner for Economic Affairs Valdis Dombrovskis, to accidental Europe is already successful a "hybrid war" with Russia.

— Silvia Amaro