Trump fights against shutdown: Wall Street and Crypto celebrate!

Trump fights against shutdown: Wall Street and Crypto celebrate!

Wall Street, on October 2, 2025, recorded a positive trade start, with signs of optimism among investors. This confidence is strongly associated with the efforts of US President Donald Trump to avert a threatening government arrest. Loud crypto.news the S&P 500 rose by 0.5% and the Nasdaq Composite increased by 0.8%. The Dow Jones Industrial Average was also able to grow and won about 50 points.

While the markets are reacting, the cryptocurrencies have also easily recovered. Bitcoin exceeded the $ 113,000 mark, while Ethereum is $ 4,180. The global market capitalization of cryptocurrencies rose by 2.7% to $ 3.88 trillion. Investors are particularly interested in the movements in the field of artificial intelligence, with remarkable achievements by Oracle and Nvidia.

Political developments and market reactions

On September 29, President Trump made an appointment in the Oval Office with leading representatives of both parties. The goal of the meeting was to gain support and prevent a potential government arrest that could be imminent on Wednesday. The concern of investors with regard to the possible effects of a shutdown on the upcoming monthly labor mark report remains high.

Official voices from the US economic sector speak of an upcoming job report that is considered crucial for the future interest decisions of the Federal Reserve. According to the economic data, a forecast of two interest reductions is already priced in the market by a quarter point in the next two sessions of the FED.

These developments contribute to the overall positive market mood and show that investors hope for a favorable result from Trump's meeting. Despite the uncertainties in the political area, the market remains optimistic and reacts positively to the developments.