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U.S. Stock Futures Mixed Amid Government Shutdown

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U.S. stock futures were mixed on Thursday morning amid the ongoing government shutdown.

U.S. Stock Futures Mixed Amid Government Shutdown

U.S. stock futures were mixed on Thursday morning amid the U.S. government shutdown. Futures on the Nasdaq 100 (NDX) and the S&P 500 (SPX) were up 0.55% and 0.27%, respectively, while futures tied to the Dow Jones Industrial Average (DJIA) were down 0.04% at 8:30 a.m. EST on October 2.

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On Wednesday, the three major U.S. stock indices closed higher, fueled by hopes that the federal funding lapse would soon come to an end without causing any significant economic damage. The S&P 500 rose about 0.3% to close at a record high, while the Nasdaq Composite and the Dow Jones gained 0.4% and 0.1%, respectively.

Meanwhile, Occidental Petroleum (OXY) stock trended higher in pre-market trading after Warren Buffett’s Berkshire Hathaway (BRK.A), (BRK.B) said that it’s going to buy Occidental’s petrochemical unit, OxyChem, for $9.7 billion in cash.

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