Stock Market Update

[BRIEFING.COM] With five sectors now in positive territory just before the close, the S&P 500 (+0.2%) and Nasdaq Composite (+0.5%) are in position to capture record closing highs to go along with their record intraday highs from earlier in the session. While the DJIA (+0.3%) has not eclipsed its intraday high today, it too trades above its record closing level. 

From an index level perspective, today's action has been muted, as the ongoing government shutdown prevented today's economic data releases, while a lack of earnings reports and light corporate newsflow kept the market moving sideways for much of the session. 

Senate Majority Leader Thune said that it is unlikely for the Senate to have enough votes over the weekend to reopen the government, meaning the shutdown is on course to continue into next week.