Stocks fell as investors paused a record-setting rally amid U.S. government shutdown uncertainty. S&P 500 and Nasdaq pulled back from all-time highs due to lack of key economic indicators. Jamie Dimon raised concerns about market correction, predicting a 30% probability. Among impacted stocks, PVH shares dropped 23% since the year began and are trading 28.5% below their 52-week high. Economic data revealed signs of recession in 22 states, adding to unease. Traders took profits in the market, presenting buying opportunities for high-quality stocks. PVH’s volatility suggests the news is significant but won’t fundamentally change business perception.

Read more at StockStory: American Outdoor Brands, Opendoor, PVH, Paramount, and Gray Television Shares Plummet, What You Need To Know