Stocks fell in the afternoon as investors paused a record-setting rally due to uncertainty from the ongoing U.S. government shutdown. The S&P 500 and Nasdaq pulled back from all-time highs, creating a data vacuum for investors. Jamie Dimon raised concerns about a market correction, stating a higher probability than currently priced in the market. Funko’s shares are volatile, down 76.6% since the beginning of the year. Economic indicators show signs of a weak economy, with consumer expectations deteriorating. Chief Economist at Moody’s Analytics warned of recession signs in 22 states, further impacted by the government shutdown.
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