Wall Street closed higher on Thursday, driven by tech and industrial stocks. The Dow Jones Industrial Average climbed 0.2% to close at 46,519.72, while the Nasdaq Composite added 0.4% and the S&P 500 gained 0.1%. The fear gauge CBOE Volatility Index increased to 16.63, with advancers outnumbering decliners on the NYSE and Nasdaq.

Investors remained unfazed by the U.S. government shutdown entering its second day. Market sentiment stayed steady, suggesting traders see it as a short-term disruption. The shutdown has affected federal employees, but Wall Street focused on corporate earnings and economic data. Materials and tech stocks led market gains, with AMD and NUE up 3.5% and 2.7%, respectively.

No economic data was released Thursday due to the government shutdown. In other news, Quantum Computing is gaining attention as the next technological revolution. Large companies like Microsoft and Google are integrating quantum computing into their infrastructure. Stock Strategist Kevin Cook highlights 7 stocks positioned to dominate the quantum computing landscape in his report “Beyond AI: The Quantum Leap in Computing Power.”

Read more at Nasdaq: Stock Market News for Oct 3, 2025