S&P 500, Dow Hit New Highs Amid U.S. Shutdown

The S&P 500 and Dow Jones indices hit new highs on the third day of the U.S. government shutdown, though the rally remains concentrated in AI and tech stocks. Kingsley Jones, Chief Investment Officer at Jevons Global, cautions that the consumer and transport sectors are likely to weaken, adding that investors should consider diversifying into other markets.Image Credit: Shutterstock.comSee omnystudio.com/listener for privacy information.