U.S. Stocks Mixed on Day Three of Government Shutdown

Investors have generally shrugged off the recent government shutdown. Goldman CEO David Solomon, speaking at a conference in Italy on Friday, said he wouldn’t be surprised by a drawdown in the next year or two. “Markets run in cycles, and whenever we’ve historically had a significant acceleration in a new technology that creates a lot of capital formation and therefore lots of interesting new companies around it, you generally see the market run ahead of the potential,” he said.

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