Federal shutdown delays jobs report as markets eye recovery

October 03, 2025 An Ruwaito ta hanyar AI

The U.S. federal government shutdown has halted the release of the monthly jobs report scheduled for Friday. Economists warn of broader data disruptions, but market strategist Tom Lee remains optimistic about a stock market rebound. He predicts the S&P 500 will surpass 7,000 by year-end despite the temporary chaos.