U.S. stocks traded lower this morning, with the Dow Jones falling around 0.1% on Wednesday. The U.S. federal government officially entered a shutdown at 12:01 a.m. on Wednesday, Oct. 1, after Congress failed to reach an agreement on a spending plan.
Following the market opening Wednesday, the Dow traded down 0.08% to 46,360.72 while the NASDAQ fell 0.36% to 22,577.49. The S&P 500 also fell, dropping, 0.29% to 6,669.38.
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Leading and Lagging Sectors
Health care shares jumped by 0.9% on Wednesday.
In trading on Wednesday, communication services stocks fell by 1.2%.
Top Headline
Conagra Brands Inc (NYSE:CAG) reported better-than-expected earnings for the first quarter on Wednesday.
The company posted quarterly earnings of 39 cents per share which beat the analyst consensus estimate of 33 cents per share. The company reported quarterly sales …