TechFlow news, on October 1, according to Jinshi Data, U.S. stock index futures fell after Congress failed to reach an agreement on a spending plan, forcing a government shutdown that would leave hundreds of thousands of federal employees unable to work. A government shutdown could disrupt the S&P 500's 14% gain this year. Meanwhile, U.S. equities have already shown signs of weakness, with growing questions about the labor market. It could also delay the release of key economic data, including Friday's employment report, which would clarify market expectations for the Federal Reserve's next rate move. Some analysts said if the nonfarm payrolls data is delayed, "it would only add to the uncertainty caused by the shutdown. As we enter a new quarter, volatility should increase."
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