▸ Wall Street weakens as US government shutdown continues to hang over trading

▸ French assets more stable after Macron promises to name prime minister

▸ Gold prices surrender some ground after this year’s dizzying rally

Global equities edged lower yesterday as the US government shutdown continued to hang over financial markets.

After reaching record highs on Wednesday, Wall Street stocks slipped back, with the blue-chip S&P 500 index down 0.3 per cent and the tech-heavy Nasdaq Composite falling 0.4 per cent by early afternoon trading in New York.

Fund managers said the shutdown — which has delayed the publication of key US economic data — meant investors were holding off on making big bets ahead of third-quarter earnings season, which will provide an indication of the health of the world’s biggest economy.

“Investors are suspended in animation with the US government shutdown and earnings season kicking off next week,” said Arun Sai, senior multi-asset strategist at Pictet Asset Management.

Stock markets across the Atlantic also broadly weakened, with the region-wide Stoxx Europe 600 index falling 0.4 per cent.

In Paris, markets were more stable after President Emmanuel Macron promised to name a new prime minister by today. The Cac 40 index edged 0.2 per cent lower.

【每日晨读金融时报】3Dec2025 英语口语听力 附原文及实用单词短语

【每日晨读金融时报】3Dec2025 英语口语听力附原文及实用单词短语