Market indexes shrugged off the federal government shutdown and disappointing private-sector payroll report. NVIDIA reached a $4.5 trillion market cap, Tesla expects strong deliveries despite the EV tax credit expiration. Gold hit record highs at $3895 per troy ounce, up 45% YTD. Stock indexes closed positive, with the Nasdaq setting a new high.

Manufacturing data stayed in line with expectations, with ISM at +49.1% and S&P at +52.0 for September. Construction spending data for August was delayed due to the shutdown. The stock market is expected to remain quiet on Thursday, with no jobless claims or factory orders data available.

The AI revolution is evolving beyond well-known stocks like Nvidia. Little-known AI firms solving major issues could offer more significant profits. Investors can explore “2nd Wave” AI stocks for potential opportunities. Pfizer shares rose following a deal with the President, showing AI’s impact on the market’s momentum.

Read more at Nasdaq: Government Shutdown, Government Shmutdown | Nasdaq