Stocks hit new records despite U.S. government shutdown, but bond yields sink due to weak economic signals. S&P 500 climbed 0.3%, Dow Jones added 0.1%, Nasdaq rose 0.4%. ADP Research reports 32,000 job cuts outside government, Midwest hit hardest, August numbers revised downward. Wall Street awaits delayed Labor Department report on Friday due to shutdown.

Traders worry about job market slowing too much, affecting interest rate cuts without causing recession. Stocks at record highs on expectations of rate cuts, uncertainty looms with delayed economic reports. Shutdown could lead to large-scale firings, threat of White House using it to push agenda. Nike up 6.4%, Lithium Americas rises 23.3% following government loan agreement.

Peloton drops 3.7%, Corteva falls 9.1%, Cal-Maine Foods down 1.2% in market. S&P 500 up 22.74 points, Dow Jones adds 43.21, Nasdaq climbs 95.15. European markets rise, Asian markets mixed. 10-year Treasury yield falls to 4.10%, weaker ADP report strengthens rate cut expectations. U.S. manufacturing weaker than expected, tariffs impacting manufacturers. Steel tariffs causing significant strain on manufacturers.

Read more at Yahoo Finance: Wall Street sets more records, but bond yields drop following discouraging data on the job market